Assessment of Key Socio-Economic and Environmental Challenges in the Mining Industry: Implications for Resource Policies in Emerging Economies
R. Marimuthu,
B. Sankaranarayanan,
S.M. Ali,
Ana Beatriz Lopes de Sousa Jabbour () and
K. Karuppiah
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Ana Beatriz Lopes de Sousa Jabbour: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School
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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 unfair 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 amongst 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. \textcopyright 2021 Institution of Chemical Engineers
Keywords: Causal relationships; Climate change; Decision making; Emerging economies; Environmental challenges; Fuzzy Decision making; Industrial economics; Industrial managers; Industrial settings; Mining industry; Operating condition; Operational challenges; Remedial actions; Social aspects; Social challenges; Sustainability; Sustainable development (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)
Published in Sustainable Production and Consumption, 2021, 27, pp.814--830. ⟨10.1016/j.spc.2021.02.005⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04275970
DOI: 10.1016/j.spc.2021.02.005
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