From a business ethics perspective, the normative requirements include indicators related to the prevention of corruption and the accountability of executives and managers. Specifically, certified companies must ensure the ethical behavior of members of the organization and adopt a code of ethics, in addition to the identification of risks of corruption, the disclosure of irregularities, training and monitoring.
Transparency and reporting
Transparency and reporting with respect to responsible governance practices involve compliance with regulatory requirements when disclosing information, as well as disclosure of information to shareholders on an ongoing basis. While the requirements of this principle relate specifically to information disclosed to investors, other indicators derived from socially responsible practices address the sharing of information to affected communities.
- Quebec Civil Code
- Companies Act
- Business Corporations Act
- Securities Act
- Regulation 51-102 respecting Continuous Disclosure Obligations
- Regulation 52-109 respecting Certification of Disclosure in Issuers’ Annual and Interim Filings
- Regulation 43-101 respecting Standards of Disclosure for Mineral Projects
“In accordance with best standardization practices, the requirements of this standard have been determined by a standardization committee that fairly represents the various stakeholders in the mineral exploration industry.”
“The information presented regarding the content of the standard is not exhaustive. “