services
Social Risk Management (
SRM)
Hobbs International has developed a turnkey approach to help governments, builders and lenders meet their social impact commitments through a comprehensive management system which: manages activities designed to protect the interests of affected people; ensures affected people are properly informed and consulted prior to beginning a project; anticipates, avoids and mitigates negative social impacts; ensures regulatory compliance and due diligence; reflects consistency with policies and goals identified by governments, private developers and/or lenders. In addition to possessing expertise in Social Impact Assessment and Mitigation, Hobbs International incorporates core competencies in Pre-investment Appraisals, Environmental Assessment and Planning, Resource Management, Regional Economic Development, Micro-enterprise Development, Enterprise Restructuring, Human Resource Development and Training, Health and Safety, Institutional Strengthening, Land Policy and Community Development to deliver a comprehensive approach to successful social impact management.
Recognizing that conditions are variable from project to project, and country to country, the Social Risk Management (SRM) system is designed to be flexible, straightforward, easy to implement and cost-effective, leading to successful project completion and community sustainability under varied circumstances. We also recognize the unique challenges pertaining to urban, peri-urban, rural and indigenous communities when designing and implementing our management plan. The SRM process lends itself to customization for each project by considering and evaluating three key aspects: What is the purpose in both societal and business terms of the project and have the legitimate rights and responsibilities of multiple stakeholders been considered? What is the social context where the project is developed, in terms of quality of life, regional economy, and security and safety? How will stakeholders measure risk, impacts and performance, by short or long-term time frames or both?
The SRM approach is unique because it is not constrained by an environmental paradigm, nor is it limited to approaching social impacts as a series of safeguard measures. SRM combines economic, environmental and social analyses to influence developmental outcomes positively, and is flexible to meet the needs of individual projects.
