Social License to Operate

Social License to Operate (SLO) refers to the ongoing approval and trust that a community and stakeholders grant to a company or organization to conduct its operations. Unlike formal permits or licenses, SLO is based on good relationships, transparency, and demonstrating responsible practices. It reflects societal acceptance, which is crucial for long-term success, as negative perceptions or community opposition can hinder or shut down projects. Building and maintaining SLO involves engaging with stakeholders, addressing concerns, and acting ethically, ensuring that the organization’s activities align with community values and expectations.