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Unjust transitions to low carbon economies: reflections on stakeholder capitalism and responsible cobalt supply chains

In: Research Handbook on International Corporate Social Responsibility

Author

Listed:
  • Joanne Lebert
  • Raphael Deberdt

Abstract

As the transition away from fossil fuels is requiring immense amounts of ‘green’ minerals, extractivism in the Congolese Copperbelt is on the rise. The region provides 70 percent of the world’s cobalt with a significant part originating in artisanal and small-scale mining (ASM) sites with little to no technological tools. In the chapter we argue that corporate actors engage with the region’s ASM sector under the guise of a narrative promoting stakeholder capitalism and the integration of all involved in the extraction and trade of cobalt. However, we highlight the flawed perception of inclusion that such a strategy led to, with Congolese voices (and in particular ASM operators) largely excluded from responsible sourcing decision-making processes. Devised as a top-down stakeholderism, this approach is doomed to fail. In this chapter we provide avenues to enhance responsible cobalt sourcing and ensure that the model of stakeholder capitalism effectively and productively integrates Congolese perspectives.

Suggested Citation

  • Joanne Lebert & Raphael Deberdt, 2023. "Unjust transitions to low carbon economies: reflections on stakeholder capitalism and responsible cobalt supply chains," Chapters, in: Anthony Goerzen (ed.), Research Handbook on International Corporate Social Responsibility, chapter 14, pages 205-223, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21263_14
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    File URL: https://www.elgaronline.com/doi/10.4337/9781802207040.00020
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