The operationalisation of Corporate Social Responsibility (CSR) in a mining context. (December 2022)
- Record Type:
- Journal Article
- Title:
- The operationalisation of Corporate Social Responsibility (CSR) in a mining context. (December 2022)
- Main Title:
- The operationalisation of Corporate Social Responsibility (CSR) in a mining context
- Authors:
- Isacowitz, Jenna Jade
Schmeidl, Susanne
Tabelin, Carlito - Abstract:
- Abstract: Mining companies have publicly committed to improving sustainable development outcomes under the auspices of Corporate Social Responsibility (CSR), which is frequently framed as a 'triple bottom line' or balancing 'profit' with 'people' and 'planet'. Despite the growing prominence of CSR, too little is known as to how mining companies translate this intended 'triple bottom line' into action. To this effect, eight in-depth interviews were conducted with representatives from Australia-based mining companies (defined as companies which hold major headquarters or operations within Australia); members of local communities affected by mining operations; and a subject matter expert (non-academic). Thematic analysis identified that as CSR is primarily driven by shareholder interests rather than company conviction, there is frequently a disconnect between company intentions and application of CSR. This study found that mining companies fail to clearly operationalise CSR (e.g., how success would look like) and how this is measured. This suggests that more needs to be done to move beyond paying lip service to CSR, and there is a need for standardised frameworks and metrics which can accurately evaluate the impact of CSR activities. This research argues that the integration of CSR into core business models and decision-making would ultimately build stakeholder trust and maintain a social license to operate (SLO). Highlights: There is frequently a disconnect betweenAbstract: Mining companies have publicly committed to improving sustainable development outcomes under the auspices of Corporate Social Responsibility (CSR), which is frequently framed as a 'triple bottom line' or balancing 'profit' with 'people' and 'planet'. Despite the growing prominence of CSR, too little is known as to how mining companies translate this intended 'triple bottom line' into action. To this effect, eight in-depth interviews were conducted with representatives from Australia-based mining companies (defined as companies which hold major headquarters or operations within Australia); members of local communities affected by mining operations; and a subject matter expert (non-academic). Thematic analysis identified that as CSR is primarily driven by shareholder interests rather than company conviction, there is frequently a disconnect between company intentions and application of CSR. This study found that mining companies fail to clearly operationalise CSR (e.g., how success would look like) and how this is measured. This suggests that more needs to be done to move beyond paying lip service to CSR, and there is a need for standardised frameworks and metrics which can accurately evaluate the impact of CSR activities. This research argues that the integration of CSR into core business models and decision-making would ultimately build stakeholder trust and maintain a social license to operate (SLO). Highlights: There is frequently a disconnect between understanding and application of CSR. Mining companies lack frameworks/assessment tools to measure the success of CSR. Mining companies need solid contextual understanding to frame their CSR strategies. CSR needs to be integrated in to operational strategies as core business practice. Proactive and participatory stakeholder engagement enabled by clear accountability. … (more)
- Is Part Of:
- Resources policy. Volume 79(2022)
- Journal:
- Resources policy
- Issue:
- Volume 79(2022)
- Issue Display:
- Volume 79, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 79
- Issue:
- 2022
- Issue Sort Value:
- 2022-0079-2022-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-12
- Subjects:
- Mining -- Corporate social responsibility (CSR) -- Triple bottom line -- Community -- Social license to operate (SLO) -- Sustainable development
Mines and mineral resources -- Periodicals
Ressources minérales -- Périodiques
Ressources naturelles -- Gestion -- Périodiques
Environnement -- Politique gouvernementale -- Périodiques
333.8 - Journal URLs:
- http://www.sciencedirect.com/science/journal/03014207 ↗
http://www.elsevier.com/journals ↗
http://www.journals.elsevier.com/resources-policy/ ↗ - DOI:
- 10.1016/j.resourpol.2022.103012 ↗
- Languages:
- English
- ISSNs:
- 0301-4207
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 7777.608600
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
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