IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i13p10070-d1179165.html
   My bibliography  Save this article

Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective

Author

Listed:
  • Alexey Bilgaev

    (Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China
    Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude 670047, Russia)

  • Suocheng Dong

    (Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China)

  • Erzhena Sadykova

    (Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude 670047, Russia)

  • Fujia Li

    (Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China
    Innovation Academy for Green Manufacture, Chinese Academy of Sciences, Beijing 100190, China)

  • Arnold Tulokhonov

    (Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude 670047, Russia)

  • Anna Mikheeva

    (Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude 670047, Russia)

  • Valentin Batomunkuev

    (Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude 670047, Russia)

Abstract

This article discusses developing methods for assessing environmental and socio-economic sustainability, using examples of mineral and raw materials sector companies in Northern Asia (Russia). We identified a sustainability criteria system and proposed an indicator system. These indicators represent a mechanism that orders the complex of existing indicators following the goals and strategy of sustainable development at the micro level. The proposed methodology for constructing a generalized index is based on aggregating three indicator blocks that characterize the environmental and socio-economic aspects of company development. The Sustainable Development Generalized Index (SDGI) allowed us to integrate the complex environmental and socio-economic development processes of mineral and raw materials sector companies and assess their sustainability. Its main feature is the reflection of the environmental specificity of companies. The indicator system adapted to the peculiarities of the mineral and raw materials sector development is a tool for identifying the main trends in the extractive industry development and determining the factors that positively or negatively affect the sustainable development of production companies. The obtained results have information significance for state structures in ensuring the regulation, planning, and control of the consequences of decisions made in the greening production activities at the micro level.

Suggested Citation

  • Alexey Bilgaev & Suocheng Dong & Erzhena Sadykova & Fujia Li & Arnold Tulokhonov & Anna Mikheeva & Valentin Batomunkuev, 2023. "Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective," Sustainability, MDPI, vol. 15(13), pages 1-17, June.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:13:p:10070-:d:1179165
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/13/10070/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/13/10070/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ji, Yuhang & Lei, Yalin & Li, Li & Zhang, An & Wu, Sanmang & Li, Qun, 2021. "Evaluation of the implementation effects and the influencing factors of resource tax in China," Resources Policy, Elsevier, vol. 72(C).
    2. Vineeta Prasad & Gautam Bandyopadhyay & Kalyan Adhikari & Sayan Gupta, 2023. "An Integrated Framework for Prioritizing Sustainability Indicators for the Mining Sector with a Multicriteria Decision-Making Technique," SN Operations Research Forum, Springer, vol. 4(1), pages 1-44, March.
    3. Auty, R. & Warhurst, A., 1993. "Sustainable development in mineral exporting economies," Resources Policy, Elsevier, vol. 19(1), pages 14-29, March.
    4. World Bank, 2010. "Economics of Adaptation to Climate Change : Synthesis Report," World Bank Publications - Reports 12750, The World Bank Group.
    5. Li, Yongbo & Barrueta Pinto, Mark Christhian & Kumar, D. Thresh, 2023. "Analyzing sustainability indicator for Chinese mining sector," Resources Policy, Elsevier, vol. 80(C).
    6. Auty, Richard M. & Mikesell, Raymond F., 1999. "Sustainable Development in Mineral Economies," OUP Catalogue, Oxford University Press, number 9780198294870.
    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. Xiaolei Fan & Hao Li & Qinfei Yu & Jianming Xu & Meng Li, 2023. "Assessment of Sustainable Supply Capability of Chinese Tin Resources Based on the Entropy Weight-TOPSIS Model," Sustainability, MDPI, vol. 15(17), pages 1-17, August.
    2. Alexey Bilgaev & Zehong Li & Erzhena Sadykova & Suocheng Dong & Arnold Tulokhonov & Fujia Li & Endon Garmaev & Anna Mikheeva & Erdeni Sanzheev, 2024. "Comparative Analysis: Resource Consumption and Environmental Pollution by Subsoil Users in Northern Asia (Russia)," Sustainability, MDPI, vol. 16(12), pages 1-21, June.

    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. Edouard Mien & Michaël Goujon, 2022. "40 Years of Dutch Disease Literature: Lessons for Developing Countries," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(3), pages 351-383, September.
    2. Schritt Jannik, 2016. "The petro-political configuration: entanglements of Western and Chinese oil zones in Niger," ZFW – Advances in Economic Geography, De Gruyter, vol. 60(1-2), pages 40-56, June.
    3. Yang, Qiuyue & Song, Deyong, 2019. "How does environmental regulation break the resource curse: Theoretical and empirical study on China," Resources Policy, Elsevier, vol. 64(C).
    4. Badeeb, Ramez Abubakr & Lean, Hooi Hooi & Clark, Jeremy, 2017. "The evolution of the natural resource curse thesis: A critical literature survey," Resources Policy, Elsevier, vol. 51(C), pages 123-134.
    5. 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).
    6. Craig Burnside & Alexandra Tabova, 2009. "Risk, Volatility, and the Global Cross-Section of Growth Rates," NBER Working Papers 15225, National Bureau of Economic Research, Inc.
    7. Aaron Yao Efui Ahali & Ishmael Ackah, 2015. "Are They Predisposed to the Resources Curse? Oil in Somalia," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 231-245.
    8. Pangapanga, Phiriinnocent & Thangalimodzi, Lucy Tembo, 2012. "Participation in pro poor agro based enterprises in Malawi: do households’ poverty levels change automatically?," MPRA Paper 39446, University Library of Munich, Germany.
    9. Guan, Jialin & Kirikkaleli, Dervis & Bibi, Ayesha & Zhang, Weike, 2020. "Natural resources rents nexus with financial development in the presence of globalization: Is the “resource curse” exist or myth?," Resources Policy, Elsevier, vol. 66(C).
    10. Lakitan, Benyamin, 2013. "Connecting all the dots: Identifying the “actor level” challenges in establishing effective innovation system in Indonesia," Technology in Society, Elsevier, vol. 35(1), pages 41-54.
    11. Benjamin Jones & Michael Keen & Jon Strand, 2013. "Fiscal implications of climate change," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(1), pages 29-70, February.
    12. Yongjun Tang & Qi Li & Fen Zhou & Mingjia Sun, 2024. "Does Clan Culture Promote Corporate Natural Resource Disclosure? Evidence from Chinese Natural Resource-Based Listed Companies," Journal of Business Ethics, Springer, vol. 192(1), pages 167-190, June.
    13. Xu, Ying & Findlay, Christopher, 2019. "Farmers’ constraints, governmental support and climate change adaptation: Evidence from Guangdong Province, China," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(4), October.
    14. Arun S. Malik & Stephen C. Smith, 2012. "Adaptation To Climate Change In Low-Income Countries: Lessons From Current Research And Needs From Future Research," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-22.
    15. Pereira Cabral, Bernardo & Lage de Sousa, Filipe & Canêdo-Pinheiro, Mauricio, 2020. "Assessing the impacts of innovation barriers: a qualitative analysis of Brazil's natural resources industry," Resources Policy, Elsevier, vol. 68(C).
    16. Li, Mengxu & Liu, Jianghua & Chen, Yang & Yang, Zhijiu, 2023. "Can sustainable development strategy reduce income inequality in resource-based regions? A natural resource dependence perspective," Resources Policy, Elsevier, vol. 81(C).
    17. Xu, Xiaoliang & Xu, Xuefen & Chen, Qian & Che, Ying, 2015. "The impact on regional “resource curse” by coal resource tax reform in China—A dynamic CGE appraisal," Resources Policy, Elsevier, vol. 45(C), pages 277-289.
    18. Elvis Dze Achuo & Tii N. Nchofoung & Simplice A. Asongu & Gildas Dohba Dinga, 2021. "Unravelling the Mysteries of Underdevelopment in Africa," Research Africa Network Working Papers 21/073, Research Africa Network (RAN).
    19. Al-Shboul, Mohammad & Al Rawashdeh, Rami, 2022. "The impact of institutional quality and resources rent on health: The case of GCC," Resources Policy, Elsevier, vol. 78(C).
    20. Ying Xu & Christopher Findlay, 2019. "Farmers’ constraints, governmental support and climate change adaptation: evidence from Guangdong Province, China," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(4), pages 866-880, October.

    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:gam:jsusta:v:15:y:2023:i:13:p:10070-:d:1179165. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.