This paper examines the gendered aspects of informal gold trading along the artisanal and small-scale gold mining (ASGM) value chain in Indonesia. Indonesian law allows ASGM to be carried out by individuals, groups, families or cooperatives with limited investment and capital. However, only a very small percentage of ASGM activities are licensed, resulting in gold being traded predominantly within informal networks. The authors carried out a study of artisanal gold mining in two mining sites in Central Kalimantan, Indonesia. Primary data from the field were collected during COVID-19 in the form of semi-structured interviews and participatory data collection methods such as gender mapping and business analysis. This paper argues that gold trading in informal, artisanal, and small-scale gold mining is gendered as a function of unequal power relations between women and men who operate in different parts of the ASGM value chain network.
{"title":"Gendered informal gold trading in Indonesia: Case studies from Central Kalimantan","authors":"Bernadetta Devi , Kuntala Lahiri-Dutt , Sara Beavis , Aparna Lal","doi":"10.1016/j.exis.2024.101553","DOIUrl":"10.1016/j.exis.2024.101553","url":null,"abstract":"<div><div>This paper examines the gendered aspects of informal gold trading along the artisanal and small-scale gold mining (ASGM) value chain in Indonesia. Indonesian law allows ASGM to be carried out by individuals, groups, families or cooperatives with limited investment and capital. However, only a very small percentage of ASGM activities are licensed, resulting in gold being traded predominantly within informal networks. The authors carried out a study of artisanal gold mining in two mining sites in Central Kalimantan, Indonesia. Primary data from the field were collected during COVID-19 in the form of semi-structured interviews and participatory data collection methods such as gender mapping and business analysis. This paper argues that gold trading in informal, artisanal, and small-scale gold mining is gendered as a function of unequal power relations between women and men who operate in different parts of the ASGM value chain network.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101553"},"PeriodicalIF":3.6,"publicationDate":"2024-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-11DOI: 10.1016/j.exis.2024.101556
Edina Nagy , Hadeel Al-Jurani , George Xydis
In order to achieve the climate goals, set on the basis of the Paris Agreement, i.e. to be climate neutral by 2050, the European Union (EU) governments consider electric vehicles (EVs) as an altering solution and have established their target based on that. However, the electrification of the transport modes depends heavily on minerals such as Aluminium, Cobalt, Copper, Graphite, Lithium, Manganese, Nickel, and Rare Earth Elements, whose availability and distribution are quite imbalanced internationally. The purpose of this work is thus to research whether the EU's 2030 targets for EVs can be satisfied with the amount of minerals that are currently globally available. A desk research was conducted to gather data and knowledge about EVs and EV-related minerals to shed light on their availability and supply. This allowed for calculating the demand for each material and enabled the determination of whether it could be satisfied in relation to the EV transformation targets for 2030. The results have shown that there will be a crisis in the graphite supply by the end of the decade and a considerable danger to the supply of nickel and cobalt due to the rapid transition to a green energy system in transportation.
{"title":"Will the EU have enough minerals to drive their electric dreams by 2030?","authors":"Edina Nagy , Hadeel Al-Jurani , George Xydis","doi":"10.1016/j.exis.2024.101556","DOIUrl":"10.1016/j.exis.2024.101556","url":null,"abstract":"<div><div>In order to achieve the climate goals, set on the basis of the Paris Agreement, i.e. to be climate neutral by 2050, the European Union (EU) governments consider electric vehicles (EVs) as an altering solution and have established their target based on that. However, the electrification of the transport modes depends heavily on minerals such as Aluminium, Cobalt, Copper, Graphite, Lithium, Manganese, Nickel, and Rare Earth Elements, whose availability and distribution are quite imbalanced internationally. The purpose of this work is thus to research whether the EU's 2030 targets for EVs can be satisfied with the amount of minerals that are currently globally available. A desk research was conducted to gather data and knowledge about EVs and EV-related minerals to shed light on their availability and supply. This allowed for calculating the demand for each material and enabled the determination of whether it could be satisfied in relation to the EV transformation targets for 2030. The results have shown that there will be a crisis in the graphite supply by the end of the decade and a considerable danger to the supply of nickel and cobalt due to the rapid transition to a green energy system in transportation.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101556"},"PeriodicalIF":3.6,"publicationDate":"2024-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419527","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-10DOI: 10.1016/j.exis.2024.101537
Agung Dwi Sutrisno , Chun-Hung Lee , I Wayan Koko Suryawan
This research examines community engagement in Bantar Karet, Indonesia, after the decline of its mining industry. The focus is on the community's willingness to participate in ecological sustainability initiatives. The study explores the relationships between organizational involvement, personal agency, and the community's readiness to adopt new ecological roles. To gather data, a detailed questionnaire was administered to local residents, providing insights into how sociodemographic factors influence their adaptive strategies. The analytical approach involves the use of binomial probit and binary logit models to assess individuals' propensity to embrace ecological changes. These models consider adaptive capacity perspectives such as strategic flexibility, tendencies for collective action, and agency level in decision-making processes, and how they relate to individuals' readiness to change. The findings reveal that key drivers, including strategic flexibility, collective action, and personal agency, significantly impact individuals' inclination toward change. On the other hand, economic status, particularly income levels, emerged as a significant predictor, highlighting the crucial role of financial security in facilitating transformative community intent.
{"title":"Examining community desire to change for adaptive transition in post-mining ecological sustainability","authors":"Agung Dwi Sutrisno , Chun-Hung Lee , I Wayan Koko Suryawan","doi":"10.1016/j.exis.2024.101537","DOIUrl":"10.1016/j.exis.2024.101537","url":null,"abstract":"<div><div>This research examines community engagement in Bantar Karet, Indonesia, after the decline of its mining industry. The focus is on the community's willingness to participate in ecological sustainability initiatives. The study explores the relationships between organizational involvement, personal agency, and the community's readiness to adopt new ecological roles. To gather data, a detailed questionnaire was administered to local residents, providing insights into how sociodemographic factors influence their adaptive strategies. The analytical approach involves the use of binomial probit and binary logit models to assess individuals' propensity to embrace ecological changes. These models consider adaptive capacity perspectives such as strategic flexibility, tendencies for collective action, and agency level in decision-making processes, and how they relate to individuals' readiness to change. The findings reveal that key drivers, including strategic flexibility, collective action, and personal agency, significantly impact individuals' inclination toward change. On the other hand, economic status, particularly income levels, emerged as a significant predictor, highlighting the crucial role of financial security in facilitating transformative community intent.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101537"},"PeriodicalIF":3.6,"publicationDate":"2024-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419534","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-10DOI: 10.1016/j.exis.2024.101549
Divin-Luc Bikubanya , Francine Iragi Mukotanyi , Janvier Kilosho Buraye
In 2013, the Community Development “Fund”, commonly known as the “Basket Fund (BF)”, was set up to support the Congolese State in the provision of public goods and services in the province of South Kivu. This BF project prioritises collecting and raising funds from mineral production and trade to finance sustainable projects that can benefit local “communities” needed the participation of the entire mining community for its success. Inspired by the community-driven development approach in the provision of public goods, this empirical work analyses the participation of mining communities in the entire BF implementation process. Specifically, we describe and analyse the BF's governance approach and the role of local communities therein. We conducted semi-structured individual interviews between September 2018 and August 2020 with mining stakeholders and members of mining communities. In addition, we have examined some figures relating to South Kivu's mineral production and videos produced in the framework of the BF's actions. Our results reveal different forms of mining community participation in the BF implementation process, ranging from consultation to monetary, in-kind, or manpower contributions. Based on these findings, we propose recommendations for the new mining policy in the framework of the Mining Fund for Future Generations.
{"title":"Participation of mining communities in the provision of public goods and services: Evidence from the Basket Fund project in Eastern DRC","authors":"Divin-Luc Bikubanya , Francine Iragi Mukotanyi , Janvier Kilosho Buraye","doi":"10.1016/j.exis.2024.101549","DOIUrl":"10.1016/j.exis.2024.101549","url":null,"abstract":"<div><div>In 2013, the Community Development “Fund”, commonly known as the “Basket Fund (BF)”, was set up to support the Congolese State in the provision of public goods and services in the province of South Kivu. This BF project prioritises collecting and raising funds from mineral production and trade to finance sustainable projects that can benefit local “communities” needed the participation of the entire mining community for its success. Inspired by the community-driven development approach in the provision of public goods, this empirical work analyses the participation of mining communities in the entire BF implementation process. Specifically, we describe and analyse the BF's governance approach and the role of local communities therein. We conducted semi-structured individual interviews between September 2018 and August 2020 with mining stakeholders and members of mining communities. In addition, we have examined some figures relating to South Kivu's mineral production and videos produced in the framework of the BF's actions. Our results reveal different forms of mining community participation in the BF implementation process, ranging from consultation to monetary, in-kind, or manpower contributions. Based on these findings, we propose recommendations for the new mining policy in the framework of the Mining Fund for Future Generations.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101549"},"PeriodicalIF":3.6,"publicationDate":"2024-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419535","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The present study is centered on characterizing the conflicts associated with mining in Sonora and Zacatecas, two states in north-central Mexico. We consider the municipal surroundings where they emerge, via cartographical analysis of some variables including mining frontiers and poverty. The predominant conflict types show that communities are not inclined to accept mining as presented in government or corporate discourses; rather, communities struggle to improve their living conditions and preserve their natural surroundings. We can observe that in long-time mining locations, there is greater acceptance of the mining industry, so that the conflicts which arise tend to be concerned with labor or with eco-territorial matters of coexistence and pecuniary assets, although there are also alternatives; meanwhile, in places with recent mining penetration and deep-rooted agro-fisheries activities, conflicts tend to be eco-territorial regarding alternatives and territorial defense. However, the advance of the mining frontier configures the coexistence of different temporal regimes, based on complex spatio-temporal patterns where different types of environmentalism overlap with demands for opposition, negotiation, or collaboration in the same place.
{"title":"Mining struggles in north-central Mexico: Between mining tradition, poverty, and environmentalism","authors":"Alejandra Toscana-Aparicio , Sergio Elías Uribe-Sierra","doi":"10.1016/j.exis.2024.101548","DOIUrl":"10.1016/j.exis.2024.101548","url":null,"abstract":"<div><div>The present study is centered on characterizing the conflicts associated with mining in Sonora and Zacatecas, two states in north-central Mexico. We consider the municipal surroundings where they emerge, via cartographical analysis of some variables including <em>mining frontiers</em> and poverty. The predominant conflict types show that communities are not inclined to accept mining as presented in government or corporate discourses; rather, communities struggle to improve their living conditions and preserve their natural surroundings. We can observe that in long-time mining locations, there is greater acceptance of the mining industry, so that the conflicts which arise tend to be concerned with labor or with eco-territorial matters of coexistence and pecuniary assets, although there are also alternatives; meanwhile, in places with recent mining penetration and deep-rooted agro-fisheries activities, conflicts tend to be eco-territorial regarding alternatives and territorial defense. However, the advance of the mining frontier configures the coexistence of different temporal regimes, based on complex spatio-temporal patterns where different types of environmentalism overlap with demands for opposition, negotiation, or collaboration in the same place.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101548"},"PeriodicalIF":3.6,"publicationDate":"2024-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-07DOI: 10.1016/j.exis.2024.101552
Bernardo Mendonca Severiano, Stephen A. Northey, Damien Giurco
The increasing adoption of electric vehicles (EV) is growing demand for battery raw materials including lithium, cobalt, nickel, and manganese. The potential for Voluntary Sustainability Initiatives (VSI) to mitigate the social and environmental impacts of mine development and operation is now in focus as resource supply scales rapidly. This study examines and synthesizes the drivers and barriers that influence extractive companies to voluntarily adopt sustainability initiatives, including certification and reporting, to mitigate social and environmental impacts. The methodology involved a thematic analysis of articles, initially identified through a systematic keyword search and further expanded with a snowball search technique. Thematic insights were classified and mapped against actors operating within the lithium-ion battery value-chain. The research found that drivers for adopting voluntary sustainability initiatives include maintaining market access, and addressing the increased need for frameworks to facilitate communication between companies and local communities. Barriers encompass short-term greenwashing undermining VSI legitimacy, and the lack of comprehensiveness of such initiatives regarding risk identification and risk mitigation for responsibly sourced commodities.
{"title":"Drivers and barriers of voluntary sustainability initiatives in mining raw materials for batteries","authors":"Bernardo Mendonca Severiano, Stephen A. Northey, Damien Giurco","doi":"10.1016/j.exis.2024.101552","DOIUrl":"10.1016/j.exis.2024.101552","url":null,"abstract":"<div><div>The increasing adoption of electric vehicles (EV) is growing demand for battery raw materials including lithium, cobalt, nickel, and manganese. The potential for Voluntary Sustainability Initiatives (VSI) to mitigate the social and environmental impacts of mine development and operation is now in focus as resource supply scales rapidly. This study examines and synthesizes the drivers and barriers that influence extractive companies to voluntarily adopt sustainability initiatives, including certification and reporting, to mitigate social and environmental impacts. The methodology involved a thematic analysis of articles, initially identified through a systematic keyword search and further expanded with a snowball search technique. Thematic insights were classified and mapped against actors operating within the lithium-ion battery value-chain. The research found that drivers for adopting voluntary sustainability initiatives include maintaining market access, and addressing the increased need for frameworks to facilitate communication between companies and local communities. Barriers encompass short-term greenwashing undermining VSI legitimacy, and the lack of comprehensiveness of such initiatives regarding risk identification and risk mitigation for responsibly sourced commodities.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101552"},"PeriodicalIF":3.6,"publicationDate":"2024-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419532","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-05DOI: 10.1016/j.exis.2024.101551
Juliana Gonzalez Jauregui
Latin American countries, rich in key transition materials, have emerged as significant suppliers for China and key destinations for Chinese investment. These engagements have coincided with rising global competition among Chinese, and other leading companies to access these materials. Argentina serves as a notable example of these trends.
This paper analyzes Chinese investments in Argentina's lithium sector, focusing on the implications for the country's economic development and international insertion. Drawing on the contributions of Latin American structuralism and other approaches that emphasize the centrality of the State in promoting innovation and complexity in the production system, the paper explores the challenges faced by peripheral countries like Argentina in advancing development within the global center-periphery relations.
Our study employs an exploratory approach based on qualitative analysis of various sources. We first identify the distinctive characteristics of Chinese firms’ overseas strategies and interests in Argentina. Next, we examine the domestic and global factors constraining Argentina's ability to add value locally. In the conclusions, we summarize the challenges Argentina faces regarding the industrialization of lithium and highlight the critical role of the State in fostering the development of these capacities.
{"title":"Chinese investments in Argentina's lithium sector: Economic development implications amid global competition","authors":"Juliana Gonzalez Jauregui","doi":"10.1016/j.exis.2024.101551","DOIUrl":"10.1016/j.exis.2024.101551","url":null,"abstract":"<div><div>Latin American countries, rich in key transition materials, have emerged as significant suppliers for China and key destinations for Chinese investment. These engagements have coincided with rising global competition among Chinese, and other leading companies to access these materials. Argentina serves as a notable example of these trends.</div><div>This paper analyzes Chinese investments in Argentina's lithium sector, focusing on the implications for the country's economic development and international insertion. Drawing on the contributions of Latin American structuralism and other approaches that emphasize the centrality of the State in promoting innovation and complexity in the production system, the paper explores the challenges faced by peripheral countries like Argentina in advancing development within the global center-periphery relations.</div><div>Our study employs an exploratory approach based on qualitative analysis of various sources. We first identify the distinctive characteristics of Chinese firms’ overseas strategies and interests in Argentina. Next, we examine the domestic and global factors constraining Argentina's ability to add value locally. In the conclusions, we summarize the challenges Argentina faces regarding the industrialization of lithium and highlight the critical role of the State in fostering the development of these capacities.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101551"},"PeriodicalIF":3.6,"publicationDate":"2024-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-05DOI: 10.1016/j.exis.2024.101547
Mbalenhle Mpanza
As an initial step of zero harm, an understanding of the scale and magnitude of Tailings Storage Facilities (TSFs) is necessary for risk assessments. There is no publicly available TSF database in each South African province with details on TSF distribution of risks and characteristics. TSF-related cases such as the Jagersfontein Tailings Dam failure and the crime challenges by illegal miners at the North Sands Dump are significant motivations to establish a publicly accessible TSF database, especially in Gauteng. The objectives of the study were to establish a TSF database comprising the spatial distribution of TSFs and to classify each TSF by its operational activity status. The Department of Mineral Resources and Energy publishes data on TSFs, and it was used to create the database. Due to coordinate data limitations, only 94 TSFs could be presented on ArcGIS Pro. The study finds that there is almost an equal split of active and inactive TSFs in Gauteng. Most active TSFs are situated in the East Rand of Gauteng. Furthermore, companies that own some of the TSFs in Gauteng include Durban Roodepoort Deep Gold, which owns 70 % of TSFs, followed by AfriSam (6 %) and Blyvoor Gold (4 %). Companies need to disclose all their TSF data to strengthen the database.
{"title":"Establishing a tailings storage facility database in Gauteng","authors":"Mbalenhle Mpanza","doi":"10.1016/j.exis.2024.101547","DOIUrl":"10.1016/j.exis.2024.101547","url":null,"abstract":"<div><div>As an initial step of zero harm, an understanding of the scale and magnitude of Tailings Storage Facilities (TSFs) is necessary for risk assessments. There is no publicly available TSF database in each South African province with details on TSF distribution of risks and characteristics. TSF-related cases such as the Jagersfontein Tailings Dam failure and the crime challenges by illegal miners at the North Sands Dump are significant motivations to establish a publicly accessible TSF database, especially in Gauteng. The objectives of the study were to establish a TSF database comprising the spatial distribution of TSFs and to classify each TSF by its operational activity status. The Department of Mineral Resources and Energy publishes data on TSFs, and it was used to create the database. Due to coordinate data limitations, only 94 TSFs could be presented on ArcGIS Pro. The study finds that there is almost an equal split of active and inactive TSFs in Gauteng. Most active TSFs are situated in the East Rand of Gauteng. Furthermore, companies that own some of the TSFs in Gauteng include Durban Roodepoort Deep Gold, which owns 70 % of TSFs, followed by AfriSam (6 %) and Blyvoor Gold (4 %). Companies need to disclose all their TSF data to strengthen the database.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101547"},"PeriodicalIF":3.6,"publicationDate":"2024-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419531","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-03DOI: 10.1016/j.exis.2024.101521
Mahelet G. Fikru , Jennifer Brodmann , Li Li Eng , J. Andrew Grant
While previous research explores the relationship between ESG ratings, firm size, and financial outcomes, there is a lack of comprehensive analysis comparing multiple ESG ratings within the mining industry. This gap is crucial given the increasing focus on ESG in mining operations and its potential impact on company performance. Based on proprietary financial and ESG ratings data from 200 mining companies, this study investigates the relationship between two different ESG ratings and firm characteristics. We compare ESG-rated firms with unrated firms in terms of firm size, and financial performance indicators, and explore country-level patterns in ESG ratings. Findings reveal that ESG-rated mining companies are generally larger than unrated firms but neither more profitable nor face lower debt costs. The results also show that, among rated firms, larger mining firms have more favorable ESG ratings than smaller ones. However, we fail to find a correlation between ESG ratings and financial performance. Finally, the evidence suggests that mining companies rated high for unmanaged ESG risk are likely to have lower ESG scores. This research contributes to understanding whether and how ESG ratings could impact investment decisions and risk management strategies in the mining sector.
{"title":"ESG ratings in the mining industry: Factors and implications","authors":"Mahelet G. Fikru , Jennifer Brodmann , Li Li Eng , J. Andrew Grant","doi":"10.1016/j.exis.2024.101521","DOIUrl":"10.1016/j.exis.2024.101521","url":null,"abstract":"<div><div>While previous research explores the relationship between ESG ratings, firm size, and financial outcomes, there is a lack of comprehensive analysis comparing multiple ESG ratings within the mining industry. This gap is crucial given the increasing focus on ESG in mining operations and its potential impact on company performance. Based on proprietary financial and ESG ratings data from 200 mining companies, this study investigates the relationship between two different ESG ratings and firm characteristics. We compare ESG-rated firms with unrated firms in terms of firm size, and financial performance indicators, and explore country-level patterns in ESG ratings. Findings reveal that ESG-rated mining companies are generally larger than unrated firms but neither more profitable nor face lower debt costs. The results also show that, among rated firms, larger mining firms have more favorable ESG ratings than smaller ones. However, we fail to find a correlation between ESG ratings and financial performance. Finally, the evidence suggests that mining companies rated high for unmanaged ESG risk are likely to have lower ESG scores. This research contributes to understanding whether and how ESG ratings could impact investment decisions and risk management strategies in the mining sector.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101521"},"PeriodicalIF":3.6,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-01DOI: 10.1016/j.exis.2024.101543
Ali Bonyadi Naeini , Najmoddin Yazdi , Ali Maleki
This study investigates a framework for assessing suppliers' capabilities in public procurements to bolster localisation objectives. The study utilises the Action Design Research (ADR) methodology, combining the strengths of Action Research and Design Science, to examine the 'Ten Products Group' initiative within Iran's oil industry (2014–2023). This approach allows for the investigation of an applied problem within its specific contextual framework. The research highlights the importance of a comprehensive capability evaluation framework that includes qualitative assessments of suppliers' organisational, technological, and manufacturing capabilities. The framework incorporates both self-reporting and independent outside evaluation, enabling the inclusion of competent participants in public procurements and aligning contractual duties with the objective of localisation.
The study emphasises the need for a transparent and thorough capability evaluation framework, contributing to the development of local industries and economic growth in situations where suppliers lack necessary capabilities. It suggests that a well-designed capability evaluation framework can facilitate the growth of local industries through public procurements, enabling the inclusion of competent suppliers and supporting economic development. The study's limitations include its focus on the context of localisation in public procurement and the potential challenges associated with implementing the proposed capability evaluation framework in practice.
{"title":"Enhancing localisation in public procurements: A framework for evaluating suppliers' capabilities","authors":"Ali Bonyadi Naeini , Najmoddin Yazdi , Ali Maleki","doi":"10.1016/j.exis.2024.101543","DOIUrl":"10.1016/j.exis.2024.101543","url":null,"abstract":"<div><div>This study investigates a framework for assessing suppliers' capabilities in public procurements to bolster localisation objectives. The study utilises the Action Design Research (ADR) methodology, combining the strengths of Action Research and Design Science, to examine the 'Ten Products Group' initiative within Iran's oil industry (2014–2023). This approach allows for the investigation of an applied problem within its specific contextual framework. The research highlights the importance of a comprehensive capability evaluation framework that includes qualitative assessments of suppliers' organisational, technological, and manufacturing capabilities. The framework incorporates both self-reporting and independent outside evaluation, enabling the inclusion of competent participants in public procurements and aligning contractual duties with the objective of localisation.</div><div>The study emphasises the need for a transparent and thorough capability evaluation framework, contributing to the development of local industries and economic growth in situations where suppliers lack necessary capabilities. It suggests that a well-designed capability evaluation framework can facilitate the growth of local industries through public procurements, enabling the inclusion of competent suppliers and supporting economic development. The study's limitations include its focus on the context of localisation in public procurement and the potential challenges associated with implementing the proposed capability evaluation framework in practice.</div></div>","PeriodicalId":47848,"journal":{"name":"Extractive Industries and Society-An International Journal","volume":"20 ","pages":"Article 101543"},"PeriodicalIF":3.6,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142419528","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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