Leveraging 4IR Technologies as a Corporate Social Responsibility to Reduce Environmental Impact in the Extractive Industry

Tessa Reddy and Stanley Chibuzor Onwubu
Additional contact information
Tessa Reddy: Durban University of Technology
Stanley Chibuzor Onwubu: Durban University of Technology

A chapter in Corporate Social Responsibility in Developing Countries, 2023, pp 47-64 from Springer

Abstract: Abstract Recently, the natural environment has been at the forefront of discussions concerning global warming and climate change. The negative ramifications of mining, oil, and gas industries have attracted international attention. Stakeholders are more aware and concerned about human activities and their negative impact on the natural environment. In particular, the extractive industry, such as mining, oil, and gas, contributes heavily to environmental pollution, degradation, and resource depletion. Corporate social responsibility is tasked with ensuring that all industries implement best practices to ensure the safety of humans and the natural environment. Therefore, industries are seeking ways in which they can positively contribute to combating climate change and saving the planet. Hence, the adoption of 4IR technologies, namely, artificial intelligence, the Internet of Things, machine learning, and robotics, is critical to helping the extractive industry reduce environmental degradation. This chapter highlights the importance of adopting 4IR technologies in the extractive industry to help reduce the negative impact on people and the natural environment while simultaneously fulfilling organizational corporate social responsibility.

Keywords: 4IR technologies; Natural environment; Extraction industry; Corporate social responsibility; Internet of Things; Artificial intelligence; Machine learning; Robotics (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-27512-8_4

Ordering information: This item can be ordered from
http://www.springer.com/9783031275128

DOI: 10.1007/978-3-031-27512-8_4

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().