Compliance with Environmental, Social, and Governance Requirement in the Mining Industry

Asatryan Karen

Compliance with Environmental, Social, and Governance Requirement in the Mining Industry

Asatryan Karen

##semicolon## Compliance, ESG requirements, mining industry, sustainability, environmental impact, social responsibility, governance, responsible mining, sustainable business practices, stakeholders, mining companies, environmental regulations, social impact, corporate governance, sustainable development, investor relations

सार

The mining industry plays a significant role in global economic development; however, its operations often have adverse environmental and social impacts. As the importance of sustainable business practices gains recognition, Environmental, Social, and Governance (ESG) requirements have emerged as crucial benchmarks for evaluating a company's responsible practices. This study examines the extent of compliance with ESG requirements in the mining industry and explores the factors influencing companies' adherence to these standards. Through a comprehensive literature review and analysis of publicly available data, this research sheds light on the challenges faced by mining companies in integrating ESG considerations into their operations and highlights successful strategies employed by industry leaders. The findings offer valuable insights for policymakers, investors, and mining stakeholders, contributing to the ongoing efforts towards a more sustainable and responsible mining sector.

##submission.citations##

Adams, C. A., & Abhayawansa, S. (2021). Connecting the COVID-19 pandemic, environmental, social and governance ESG investing and calls for ‘harmonisation’ of sustainability reporting. Critical Perspectives on Accounting, 82, 10.

Akgun, O. T., Mudge, T. J., & Townsend, B. (2021). How company size bias in ESG scores impacts the small cap investor. The Journal of Impact and ESG Investing, 1(4), 31–44.

Asatryan K.K. Do sustainable developing business. – Erevan. – 2023. – P. 50-65.

Bąk, I., & Cheba, K. (2020). ESG risk as a new challenge for financial markets. Finance and sustainable development (pp. 21–39). Routledge.

Bassen, A., & Kovács, A. M. (2020). Environmental, social and governance key performance indicators from a capital market perspective. Wirtschafts-und unternehmensethik (pp. 809–820). Springer.

Broadstock, D. C., Matousek, R., Meyer, M., & Tzeremes, N. G. (2020). Does corporate social responsibility impact firms’ innovation capacity? The indirect link between environmental & social governance implementation and innovation performance. Journal of Business Research, 119, 99–110.

Buallay, A. M., Wadi, R. M. A., Kukreja, G., & Hassan, A. A. (2020). Evaluating ESG disclosures of Islamic banks. Evidence from the organization of Islamic cooperation members. International Journal of Innovation and Sustainable Development, 14(3), 266–287.

Conca, L., Manta, F., Morrone, D., & Toma, P. (2021). The impact of direct environmental, social, and governance reporting. Empirical evidence in European-listed companies in the agri‐food sector. Business Strategy and the Environment, 30(2), 1080–1093.

Duque-Grisales, E., & Aguilera-Caracuel, J. (2021). Environmental, social and governance (ESG) scores and financial performance of multilatinas. Moderating effects of geographic international diversification and financial slack. Journal of Business Ethics, 168(2), 315–334.

Khalid, F., Sun, J., Huang, G., & Su, C. Y. (2021). Environmental, social and governance performance of Chinese multinationals. A comparison of state-and non-state-owned enterprises. Sustainability, 13(7), 4020.

Kluza, K., Ziolo, M., & Spoz, A. (2021). Innovation and environmental, social, and governance factors influencing sustainable business models-meta-analysis. Journal of Cleaner Production, 303, 12.

Martínez-Ferrero, J., & Lozano, M.-B. (2021). The Nonlinear Relation between Institutional Ownership and Environmental, Social and Governance Performance in Emerging Countries. Sustainability, 13(3), 1586.

Mohammad, W. M. W., & Wasiuzzaman, S. (2021). Environmental, Social and Governance (ESG) disclosure, competitive advantage and performance of firms in Malaysia. Cleaner Environmental Systems, 2, 100015.

Oncioiu, I., Popescu, D. M., Aviana, A. E., Șerban, A., Rotaru, F., Petrescu, M., & Marin-Pantelescu, A. (2020). The role of environmental, social, and governance disclosure in financial transparency. Sustainability, 12(17), 6757.

Ould Daoud Ellili, N. (2020). Environmental, social, and governance disclosure, ownership structure and cost of capital. Evidence from the UAE. Sustainability, 12(18), 7706.

Paat, A., Roosalu, T., Karu, V., & Hitch, M. (2021). Important environmental social governance risks in potential phosphorite mining in Estonia. The Extractive Industries and Society, 8, 10.

Park, S. R., & Jang, J. Y. (2021). The impact of ESG management on investment decision. Institutional Investors’ perceptions of country-specific ESG criteria. International Journal of Financial Studies, 9(3), 48.

Qureshi, M. A., Kirkerud, S., Theresa, K., & Ahsan, T. (2020). The impact of sustainability (environmental, social, and governance) disclosure and board diversity on firm value. The moderating role of industry sensitivity. Business Strategy and the Environment, 29(3), 1199–1214.

Абдулхамидова, Х., & Эшкораев, С. (2022). НОВЫЕ ЦЕМЕНТНЫЕ ТЕХНОЛОГИИ. Theoretical aspects in the formation of pedagogical sciences, 1(4), 28-31.

Eshqorayev, S., Abdulhamidova, H., & Abdulhamidov, J. (2022). SEMENT KLINKER TO'PLAMLARINI ISHLAB CHIQARISH: CaO-SiO2-Al2O3-SO3-CaCl2-MgO. Eurasian Journal of Academic Research, 2(12), 955-958.

Эшкараев, С. Ч., Тураев, Х. Х., & Эшкораев, С. С. (2021). ВЛИЯНИЕ ГЕКСАХЛОРЦИКЛОГЕКСАНА НА ПОВЫШЕНИЕ РАДИОАКТИВНОСТИ В ПОЧВАХ СУРХАНДАРЬИНСКОЙ ОБЛАСТИ РЕСПУБЛИКИ УЗБЕКИСТАН. In СОВРЕМЕННАЯ ХИМИЧЕСКАЯ ФИЗИКА НА СТЫКЕ ФИЗИКИ, ХИМИИ И БИОЛОГИИ (pp. 399-400).

Эшкараев, С. Ч., Тураев, Х. Х., & Бабамуратов, Б. Э. (2021). РАДИОЛОГИЧЕСКАЯ ОЦЕНКА РАДИОНУКЛИДОВ В ПОЧВАХ ЮЖНЫХ РЕГИОНОВ РЕСПУБЛИКИ УЗБЕКИСТАН. In ИННОВАЦИОННОЕ РАЗВИТИЕ НАУКИ И ОБРАЗОВАНИЯ (pp. 290-319).

Abdulhamidova, H., Eshkoraev, S., & Javgashev, Y. (2022). TECHNOLOGY OF SILICATE BRICK PRODUCTION. Solution of social problems in management and economy, 1(4), 8-11.

Eshqorayev, S. S., & Ro’zimurodov, B. I. (2022). АHOLI YASHASH XONADONLARIDA IS GAZIDAN HIMOYALOVCHI FILTRLAR TAYYORLASH. Eurasian Journal of Medical and Natural Sciences, 2(6), 209-212.

Эшкараев Садридин Чориевич, Абдулхамидова Хилола Шерзод қизи, & Эшкораев Самариддин Садриддин ўғли. (2022). Радиохимия: всесторонний обзор ключевых концепций и приложений. Multidisciplinary Journal of Science and Technology, 2(1), 10–13. Retrieved from http://mjstjournal.com/index.php/mjst/article/view/11

Эшкараев Садридин Чориевич, Абдулхамидова Хилола Шерзод қизи, & Эшкораев Самариддин Садриддин ўғли. (2023). СИЛИКОНЫ: ХИМИЯ И ТЕХНОЛОГИЯ УНИВЕРСАЛЬНЫХ ПОЛИМЕРОВ. International Conference on Multidisciplinary Science, 1(1), 4–6. Retrieved from http://mjstjournal.com/index.php/icms/article/view/2