Exploration of socio-environmental solutions in the mining industry in comparison to other industries: A data-driven unveiling perceptions

Abstract

Through a data-driven approach, this research aims to uncover perceptions related to the industry's role in sustainable development. Correspondingly, this study explores socio-economic and environmental solutions within the mining industry and compares them to other industries. The analysis relies on archived data from the Thomson Reuters Asset4 (Asset4) database to examine and compare these perceptions across various industries. Utilizing a multiple criteria comparison, with the mean of analytical geometry concept, the collected database information offers insights into stakeholder perspectives. By contrasting the mining industry with nine other sectors including Banking, Automotive, and Construction, common patterns and discrepancies in perceptions are compared. From the analysis, the mining industry ranks lowest in socio-environmental performance compared to other sectors. The research findings enhanced our understanding of the mining industry's socio-environmental impacts and its potential for sustainable solutions. By addressing perceptions surrounding the mining industry, this study contributes to the ongoing discourse on sustainable practices and responsible resource extraction. Bridging the gap between industry practices and societal expectations, it facilitates evidence-based policies for sustainable development.