Assessment of key socio-economic and environmental challenges in the mining industry: Implications for resource policies in emerging economies

Marimuthu, Ramaganesh, Sankaranarayanan, Bathrinath, Mithun Ali, Syed , Lopes de Sousa Jabbour, Beatriz and Karuppiaha, Koppiahraj (2021) Assessment of key socio-economic and environmental challenges in the mining industry: Implications for resource policies in emerging economies. Sustainable Production and Consumption, 27 . pp. 814-830. ISSN 2352-5509

Full content URL: https://doi.org/10.1016/j.spc.2021.02.005

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Assessment of key socio-economic and environmental challenges in the mining industry: Implications for resource policies in emerging economies
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Abstract

This paper seeks to develop a framework to identify, analyse, and assess the mining industry's key challenges in terms of environmental, operational, and social issues. For each issue, 15 challenges have been identified from experts’ opinions and from the relevant literature; each is examined in a real-world industrial setting. South India's mining industry is utilized to categorize and to determine crucial challenges based on an identification of their causal relationships. A fuzzy Decision-Making Trial and Evaluation Laboratory (DEMATEL) is used to assess and rank the challenges of each issue. Results reveal that climate change, lack of availability of capital, and fair wages are the top challenges in the environmental, operational, and social issues, respectively, in India's mining industry. The proposed method is found effective in attaining the causal relationships and ranking among the identified challenges. The outcomes help decision-makers and industrial managers to take remedial actions such as adopting new technologies and innovations to protect the environment, improve the operating conditions, and facilitate social benefits to resolve the mining industry's challenges.

Keywords:Sustainability; Sustainable development; Operational challenges; Environmental challenges; Social challenges
Subjects:N Business and Administrative studies > N100 Business studies
Divisions:Lincoln International Business School
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ID Code:43938
Deposited On:15 Feb 2021 12:26

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