IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v71y2021ics0301420721000295.html
   My bibliography  Save this article

Evaluating green development level of mineral resource-listed companies: Based on a “dark green” assessment framework

Author

Listed:
  • Wang, Yujie
  • Chen, Hong
  • Long, Ruyin
  • Liu, Bei
  • Jiang, Shiyan
  • Yang, Xingxing
  • Yang, Menghua

Abstract

Green development has become the consensus of global development. The green development status of mineral resource-listed companies (MRLCs) has an important impact on China's future sustainable development. In this study, we introduce health factors into research on green development, and develop a “dark green” evaluation index system for MRLCs from the perspectives of economic, environmental, and health (EEH) for the first time. Based on the index data obtained by collecting and extracting relevant information reports (i.e., social responsibility reports and sustainable development reports) of MRLCs from 2009 to 2018, we use the combined-weight cloud model to evaluate the green development level (GDL) of MRLCs. The results showed the following. (1) The GDL of most MRLCs was still at a low level. Among the companies that disclosed EEH-related information, the GDL of only 6.20% of the sample companies was at an acceptable level or declarable level. (2) The annual GDL of China's MRLCs showed an upward trend. However, due to their relatively low growth rate, they did not attain an acceptable level during the period from 2008 to 2019. (3) Among the three-dimensional subsystems of EEH, the evaluation level of the economic subsystem was relatively high, whereas the environmental subsystem and health subsystem were relatively low. Further tracking and analysis of specific indicators found that the performance of MRLCs was relatively weak in terms of energy consumption, resource utilization, pollutant emission, monitoring and protection, health investment, and health impact. These findings have important practical significance for helping managers clarify the status of green safety management, guiding enterprises to improve weak links, assisting with social supervision and evaluation, and promoting the transition from light-green development to dark-green development.

Suggested Citation

  • Wang, Yujie & Chen, Hong & Long, Ruyin & Liu, Bei & Jiang, Shiyan & Yang, Xingxing & Yang, Menghua, 2021. "Evaluating green development level of mineral resource-listed companies: Based on a “dark green” assessment framework," Resources Policy, Elsevier, vol. 71(C).
    • Handle: RePEc:eee:jrpoli:v:71:y:2021:i:c:s0301420721000295
    DOI: 10.1016/j.resourpol.2021.102012
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420721000295
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2021.102012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Qingsong Wang & Xueliang Yuan & Jian Zhang & Yun Gao & Jinglan Hong & Jian Zuo & Wei Liu, 2015. "Assessment of the Sustainable Development Capacity with the Entropy Weight Coefficient Method," Sustainability, MDPI, vol. 7(10), pages 1-22, October.
    2. Yang, Yuying & Guo, Haixiang & Chen, Linfei & Liu, Xiao & Gu, Mingyun & Ke, Xiaoling, 2019. "Regional analysis of the green development level differences in Chinese mineral resource-based cities," Resources Policy, Elsevier, vol. 61(C), pages 261-272.
    3. Bui, Nuong Thi & Kawamura, Akira & Kim, Kyoung Woong & Prathumratana, Lunchakorn & Kim, Tae-Heok & Yoon, Suk-Ho & Jang, Min & Amaguchi, Hideo & Bui, Duong Du & Truong, Ngoc Tu, 2017. "Proposal of an indicator-based sustainability assessment framework for the mining sector of APEC economies," Resources Policy, Elsevier, vol. 52(C), pages 405-417.
    4. Ma, Jian & Fan, Zhi-Ping & Huang, Li-Hua, 1999. "A subjective and objective integrated approach to determine attribute weights," European Journal of Operational Research, Elsevier, vol. 112(2), pages 397-404, January.
    5. Jim Skea & Shuzo Nishioka, 2008. "Policies and practices for a low-carbon society," Climate Policy, Taylor & Francis Journals, vol. 8(sup1), pages 5-16, December.
    6. Ma-Lin Song & Ron Fisher & Jian-Lin Wang & Lian-Biao Cui, 2018. "Environmental performance evaluation with big data: theories and methods," Annals of Operations Research, Springer, vol. 270(1), pages 459-472, November.
    7. Albino, Vito & Ardito, Lorenzo & Dangelico, Rosa Maria & Messeni Petruzzelli, Antonio, 2014. "Understanding the development trends of low-carbon energy technologies: A patent analysis," Applied Energy, Elsevier, vol. 135(C), pages 836-854.
    8. Liao, Lin & Luo, Le & Tang, Qingliang, 2015. "Gender diversity, board independence, environmental committee and greenhouse gas disclosure," The British Accounting Review, Elsevier, vol. 47(4), pages 409-424.
    9. World Bank, 2012. "Inclusive Green Growth : The Pathway to Sustainable Development," World Bank Publications - Books, The World Bank Group, number 6058.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rui Zhang & Yong Ma & Jie Ren, 2022. "Green Development Performance Evaluation Based on Dual Perspectives of Level and Efficiency: A Case Study of the Yangtze River Economic Belt, China," IJERPH, MDPI, vol. 19(15), pages 1-24, July.
    2. Wang, Yujie & Sun, Qingqing & Wu, Jingjun & Han, Shuai & Zhang, Ruonan & Jiang, Shiyan & Gu, Xiao, 2023. "Research on the low carbon development path of China's coal industry under carbon peaking & carbon neutral target: Based on the RCPs-SSPs framework," Resources Policy, Elsevier, vol. 86(PB).
    3. Yujie Wang & Hong Chen & Ruyin Long & Shiyan Jiang & Bei Liu, 2022. "Evaluation of Occupational Health and Safety Management of Listed Companies in China’s Energy Industry Based on the Combined Weight-Cloud Model: From the Perspective of FPE Information Disclosure," IJERPH, MDPI, vol. 19(14), pages 1-17, July.
    4. Yongna Zou & Qingping Cheng & Hanyu Jin & Xuefu Pu, 2023. "Evaluation of Green Agricultural Development and Its Influencing Factors under the Framework of Sustainable Development Goals: Case Study of Lincang City, an Underdeveloped Mountainous Region of China," Sustainability, MDPI, vol. 15(15), pages 1-22, August.
    5. Shanshan Li & Yujie Wang & Yuannan Zheng & Jichao Geng & Junqi Zhu, 2022. "Research on Energy Saving and Environmental Protection Management Evaluation of Listed Companies in Energy Industry Based on Portfolio Weight Cloud Model," Energies, MDPI, vol. 15(12), pages 1-18, June.
    6. Qinghua Pang & Hailiang Huang & Lina Zhang, 2022. "Characteristics of Spatial–Temporal Variations in Coupling Coordination between Industrial Water Use and Industrial Green Development Systems in China," Sustainability, MDPI, vol. 15(1), pages 1-19, December.
    7. Xiang-Fei Ma & Ru Zhang & Yi-Fan Ruan, 2023. "How to Evaluate the Level of Green Development Based on Entropy Weight TOPSIS: Evidence from China," IJERPH, MDPI, vol. 20(3), pages 1-15, January.
    8. Yanqing Wang & Hong Chen & Robert L. K. Tiong, 2023. "An exploratory research on the maturity level of public's emergency capability," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 119(1), pages 325-355, October.
    9. Guanglan Zhou & Zhening Zhang & Yulian Fei, 2022. "How to Evaluate the Green and High-Quality Development Path? An FsQCA Approach on the China Pilot Free Trade Zone," IJERPH, MDPI, vol. 19(1), pages 1-17, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhigang Pei & Jiaming Chen & Jun Fang & Jiangpeng Fan & Zhilan Gong & Qingying Zheng, 2023. "The Impact of “Dual-Control” Regulations on the Green Total Factor Efficiency of Shaoxing’s Industrial Sector," Sustainability, MDPI, vol. 15(2), pages 1-21, January.
    2. Yang, Yuying & Guo, Haixiang & Chen, Linfei & Liu, Xiao & Gu, Mingyun & Ke, Xiaoling, 2019. "Regional analysis of the green development level differences in Chinese mineral resource-based cities," Resources Policy, Elsevier, vol. 61(C), pages 261-272.
    3. Xinghua Fan & Xuxia Li & Jiuli Yin, 2019. "Impact of environmental tax on green development: A nonlinear dynamical system analysis," PLOS ONE, Public Library of Science, vol. 14(9), pages 1-23, September.
    4. Rongrong Liu & Dong Chen & Suchang Yang & Yang Chen, 2021. "Evaluation of Green Development Efficiency of the Major Cities in Gansu Province, China," Sustainability, MDPI, vol. 13(6), pages 1-18, March.
    5. Li, Ye & Chen, Yiyan & Li, Qun, 2020. "Assessment analysis of green development level based on S-type cloud model of Beijing-Tianjin-Hebei, China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 133(C).
    6. Chen, Fu & Tiwari, Sunil & Mohammed, Kamel Si & Huo, Weidong & Jamróz, Paweł, 2023. "Minerals resource rent responses to economic performance, greener energy, and environmental policy in China: Combination of ML and ANN outputs," Resources Policy, Elsevier, vol. 81(C).
    7. Shanshan Li & Yujie Wang & Yuannan Zheng & Jichao Geng & Junqi Zhu, 2022. "Research on Energy Saving and Environmental Protection Management Evaluation of Listed Companies in Energy Industry Based on Portfolio Weight Cloud Model," Energies, MDPI, vol. 15(12), pages 1-18, June.
    8. Agnė Šneiderienė & Rasa Viederytė & Lilita Abele, 2020. "Green growth assessment discourse on evaluation indices in the European Union," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 360-369, December.
    9. Lu, Yun & Ntim, Collins G. & Zhang, Qingjing & Li, Pingli, 2022. "Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda," International Review of Financial Analysis, Elsevier, vol. 84(C).
    10. Xu, Xiaozhan, 2004. "A note on the subjective and objective integrated approach to determine attribute weights," European Journal of Operational Research, Elsevier, vol. 156(2), pages 530-532, July.
    11. Omaima A.G. Hassan & Peter Romilly, 2018. "Relations between corporate economic performance, environmental disclosure and greenhouse gas emissions: New insights," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 893-909, November.
    12. Zhao, Jun & Shahbaz, Muhammad & Dong, Kangyin, 2022. "How does energy poverty eradication promote green growth in China? The role of technological innovation," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    13. Claudia Arena & Saverio Bozzolan & Claudia Imperatore, 2024. "Enhancing environmental reporting: A study on the role of narrative disclosure, firm‐ and country‐level incentives," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(4), pages 3414-3428, July.
    14. Zhipeng Tang & Ziao Mei & Jialing Zou, 2021. "Does the Opening of High-Speed Railway Lines Reduce the Carbon Intensity of China’s Resource-Based Cities?," Energies, MDPI, vol. 14(15), pages 1-18, July.
    15. Shujun Chao & Shanyong Wang & Haidong Li & Shu Yang, 2023. "The power of culture: Does Confucian culture contribute to corporate environmental information disclosure?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(5), pages 2435-2456, September.
    16. Ke Liu & Yurong Qiao & Qian Zhou, 2021. "Analysis of China’s Industrial Green Development Efficiency and Driving Factors: Research Based on MGWR," IJERPH, MDPI, vol. 18(8), pages 1-22, April.
    17. Hongwei Liu & Ronglu Yang & Zhixiang Zhou & Dacheng Huang, 2020. "Regional Green Eco-Efficiency in China: Considering Energy Saving, Pollution Treatment, and External Environmental Heterogeneity," Sustainability, MDPI, vol. 12(17), pages 1-19, August.
    18. Endl, Andreas & Tost, Michael & Hitch, Michael & Moser, Peter & Feiel, Susanne, 2021. "Europe's mining innovation trends and their contribution to the sustainable development goals: Blind spots and strong points," Resources Policy, Elsevier, vol. 74(C).
    19. Trinh, Vu Quang & Trinh, Hai Hong & Nguyen, Thi Hong Hanh & Vo, Xuan Vinh, 2023. "Board gender diversity and firm-level climate change exposure: A global perspective," Finance Research Letters, Elsevier, vol. 55(PB).
    20. Wujie Zhang & Fu Gu, 2021. "Towards Micro-Level Green Growth: A Framework to Recognize Corporate Growth Status, Path and Adopt Eco-Innovations," Sustainability, MDPI, vol. 13(18), pages 1-16, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:71:y:2021:i:c:s0301420721000295. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.