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Involving Stakeholders in ongoing planning and decision-making that is two way, conducted in good faith, responsive and results in Stakeholders having meaningful agency in decisions that impact them (i.e. there is evidence that Stakeholder needs and preferences influence and change decisions and outcomes). The degree of potential social, economic and/or environmental impact on Stakeholders, the level of risk of and Stakeholders’ tolerance for, unexpected outcomes, and how disadvantaged Stakeholders are will determine the appropriate level and form of Stakeholder involvement. Source: Adapted from OECD Due Diligence Guidance for Meaningful Stakeholder Engagement in the Extractive Sector.
UNDP, SDG Impact Initiative, SDG Impact Standards, 2021
UNDP, SDG Impact Initiative, SDG Impact Standards, 2021
