Business School Topics
When an oil and gas company in West Perth starts renaming its boardrooms in honour of the Noongar people who first occupied the area, you realise something's shifted.
What was once considered ‘non-essential to core business' is now believed to be one of the principle governing features of any good mining agreement and is being discussed at board level.
Ensuring that a comprehensive understanding of Aboriginal culture is thoroughly injected into all aspects of Australian business culture, in particular within the mining industry, has been a key feature of the changes to corporations over the last few years.
Aboriginal employment strategies, joint ventures and investment in community projects are not about just paying lip service to Australia's first peoples, according to Bill Townsend of INPEX.
Instead, he believes these are fundamental governing principles that give their company a social license to operate in Australia. Beyond this, the embracing of Australian Aboriginal culture is something that should be celebrated at all ends of business.
Bill Townsend and Irene Stanton of INPEX will be presenting at the Indigenous Business, Enterprise and Corporations Conference at the UWA Business School on 1-2 December 2014.