Introducing O Trade’s Capacity Mapping™ – a service designed to mitigate risks and promote socio-economic inclusion in natural resource operations
April 12th, 2023
O Trade’s Capacity Mapping™ service addresses long-standing issues around the impacts of community-based, socio-economic factors on operational readiness for the mining and natural resource industries.
To obtain land access agreements and secure funding from investors, companies must demonstrate best practices in risk management and environmental, social, and governance (ESG) elements, as well as gain social approval from the local community and Indigenous peoples.
Monica Ospina, Founder and Director at O Trade, explains that this is an integral step in executing O Trade’s company vision to create a future of conflict-free environments where industries and communities partner to foster sustainable livelihoods.
“We design and implement solutions that integrate communities with industrial activities while creating value for all,” said Ospina.
Capacity Mapping™ empowers companies to build strong relationships with regional stakeholders and reduce operating costs by engaging the local workforce. Holistically assessing a community’s capacities enables businesses to discover growth opportunities while providing dignified employment and contributing to regional supply chains.
“When you ask what people can do, that’s when partnerships start,” said Ospina.
The capacity mindset is one of respect and inclusion. The methodology recognizes the value in each individual and all community members can play an active role in shaping the future for themselves, their families, and the whole region.
O Trade’s Capacity Mapping™ forges a path to social approval and removes barriers to gaining the social license to operate by upholding core values like inclusion, participation, and transparency.
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 info@otrade.ca or calling +1 647 201 3161 to discuss how Capacity Mapping™ can support your business endeavors.