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Our objective is to explore the implementation of ESG initiative in LNG Canada. How an organization would balance the social aspects of the rights of

Our objective is to explore the implementation of ESG initiative in LNG Canada. How an organization would balance the social aspects of the rights of Indigenous peoples, against the economic necessity of the project. Would you recommend that a responsible bank support this project? To assist in answering this question, consider the following scenario: You are advising a major bank that has committed to a Triple Bottom Line approach to responsible lending that considers the effects of an investment on People and the Planet as well as on Profit (see the short newspaper excerpt below). How would you advise the banks lending team: Go or no go on funding this project? Please look to be creative and innovative in your response. Globe and Mail, April 20, 2018 (Excerpt) Reinhard Krause/Reuters Europes largest bank, HSBC, said on Friday it would mostly stop funding new coal power plants,oil sands and arctic drilling, becomingthe latest in a long line of investors to shun the fossil fuels. Other large banks such as ING and BNP Paribas have made similar pledges in recent months asinvestors have mounted pressure to make sure a banks actions align with the Paris agreement,a global pact to limit greenhouse gas emissions and curb rising temperatures. We recognise the need to reduce emissions rapidly to achieve the target set in the 2015 ParisAgreement ... and our responsibility to support the communities in which we operate, DanielKlier, group head of strategy and global head of sustainable finance, said in a statement. To answer this question,you will need to consider some or all of the following questions: Individual Considerations How do you balance the real andgrowing need for economic opportunities for individuals in rural areas with the concerns of climate activists seeking toaggressively decarbonize energy systems? How do you respectfully include historically marginalized groups, such as Indigenous women, in large natural resource projects? Organizational Considerations How do you convince investors or economic actors from outside of Canada that Indigenous participation and consent is an important issue? As an organization like Royal Dutch Shell, how do you balance the need to promoteeconomically viable projects in the short term (like LNG Canada) with the publicly stated goal of decarbonizing the energy system in the long term? Once a decision is made, how will you manage and implement the changesrequired to execute the plan? What cultural tools might you find useful? Systems Level Considerations How do you balance increasing environmental impacts in one jurisdiction(Canada) with impacts overseas (e.g. Japan, which could use LNG to transition away from coal)? How do you balance the economic realities of urban Canada (like Vancouver) withthe resource-based economies of rural Canada (like Kitimat or Fort St. John)? How do you balance opportunities for economic prosperity with the long-term consequences of not decarbonizing energy systems?

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