Research Paper
Year: 2019 | Month: August | Volume: 6 | Issue: 8 | Pages: 405-414
Implementation of Corporate Social and Environmental Responsibility in Mining Shares
Lelisari1, Bismar Nasution2
1Faculty of Law, University of Sumatera Utara, Medan, Indonesia, 20155
2Faculty of Law, University of Sumatera Utara, Medan, Indonesia, 20155
Corresponding Author: Lelisari
ABSTRACT
Shares divestment, especially mining shares divestment began to be heavily discussed either by experts or the Government since the emergence of shares divestment dispute between Indonesian Government and PT. Newmont Nusa Tenggara [currently PT. NNT has changed its name to PT. Amman Mineral Nusa Tenggara (PT. AMNT)]. Based on Minister of Energy and Mineral Resources Regulation number 9 of 2017, those who can buy divested shares are the central and regional governments, BUMN and BUMD, National Private, Indonesia Stock Exchange, IPO and the subsequent sales are through the stock exchange. This research is normative juridical research. The approaches used are the statute approach and the conceptual approach. To support normative juridical research, empirical juridical research is also carried out at PT. NNT. The results of this research is regarding to the implementation of corporate social and environmental responsibility in share divestment of PT. NNT in which the actual share ownership of stakeholders can participate in the purchase of PT. NNT shares, because respecting the interests of stakeholders is one of the principles of social responsibility based on ISO 26000. In fact, the implementation of social and environmental responsibility in the divestment of PT NNT shares, the stakeholders are not included. Stakeholders, namely managers and employees, can actually be included in the purchase of divested shares; their participation provides benefits to the company. This is because the stakeholders are very knowledgeable and able to control company mechanism. In implementing the social and environmental responsibility of a mining company, stakeholders can buy divested shares by making loans from various banks in Indonesia that has implemented ‘green bank’ concept.
Key words: CSR, share divestment, mining
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