The systematic study of the profile, issues and stakeholders that shape an existing or potential conflict, as well as factors in the interaction between the three. It helps companies gain a better understanding of the environment in which they operate and their role in that context.
(Source: International Alert. 2005. Conflict-sensitive business practice: Guidance for extractive industries. See Macro-level Conflict Risk and Impact Assessment tool. pp. 4, 5. http://www.international-alert.org/resources/publications/csbp-extractive-industries-en)