Service launch: 360-Degree Rapid Assessment™ by O Trade
February 14, 2022
O Trade is thrilled to announce the launch of its new 360-Degree Rapid Assessment.
O Trade is thrilled to share the news of the launch of its new 360-Degree Rapid Assessment. This method is a confidential approach to assess the quality of sustainability efforts conducted.
Investors, legal counsel, and corporate head offices all need to ensure that sustainability risks are well-managed at a site level. Sustainability reporting and metrics do not tell the full story because they do not necessarily include fulsome on-the-ground details. O Trade has developed the 360-Degree rapid assessment offering, which will provide targeted, effective insight into whether sustainability best practices are in use at the site, what the risk implications are, and what potential hotspots are that could benefit from remediation.
A rapid assessment provides a snapshot of governance, social, and environmental engagement approaches used by a mining company. Monica Ospina, Founder and Director at O Trade, says “The success of mining and exploration occurs at the ground level where mineral deposits are located. Collaboration with grassroots communities in the region is critical for this success. O Trade’s 360-Degree Rapid Assessment focuses on understanding that grassroots-level relationships between the mine and its community neighbours are focused on joint value and success.”
The goal is to use the common language of the industry in the analysis. In-depth social and environmental engagement offers the opportunity to organize issues while working on the analysis of impacts on environmental, social, and governance domains.
Our offering combines the three domain-areas in allowing our clients to see the impacts of environmental policies from a social point-of-view, and vice-versa, how social issues might be rooted in environmental and governance considerations.
The 360-Degree Rapid Assessment Wheel
(Copyright O Trade 2023)
About O Trade
O Trade is a socio-economic development firm with over twenty years of expertise in designing and implementing strategic ESG solutions to assist the private sector in partnering with local stakeholders.
Contact us by emailing monica@otrade.ca or calling +1 647 201 3161 to discuss how we can support your business endeavours.