Company “Consultations”

Two types of meeting deserve special mention: shareholder analyst meetings and “consultation” meetings with NGOs or host communities. These are collective meetings initiated by some companies to which they invite financial analysts or NGO/community members. Usually there are separate meetings for the two stakeholder groups.

These meetings are designed to save the company time, enabling it to address a range of questions and concerns simultaneously, and they may be used as part of the company’s broader consultation approach.

Such collective meetings can be useful in terms of finding out about what the company is doing. They may in some instances lead to further dialogue. However, their agendas are usually set by the company rather than by shareholders or those being consulted. They tend to be dominated by corporate presentations, which can detract from stakeholder concerns.