Advancing Responsible Sourcing in Mineral Value Chains: Environmental, Social, and Economic Sustainability

by Masuma Farooki (Editor), Alexander Graf (Editor), Stefanie Degreif (Editor)

Overview

This book examines the responsible sourcing of raw materials within global value chains. With the need for a vast amount of additional raw materials to enable the global green energy transition, it examines the current responsible sourcing landscape, with the aim of bringing clarity and harmony to theories and practices that are characterized by systemic fragmentation. Normative elements are introduced to create a framework for a functioning responsible sourcing system built around the behavioural change of supply chain actors. Drawing from state of the art conceptual ideas and practical experience, an impactful and economically viable approach to the responsible sourcing of raw material is presented.

This book sets out a vision of global value chains based on environmental, societal, and economic sustainability. It will be relevant to researchers, policymakers, and practitioners interested in resource economics and sustainable value chains.

This is an open access book.

Product Details

ISBN-13:	9783031604553
Publisher:	Palgrave Macmillan
Publication date:	07/09/2024
Sold by:	Barnes & Noble
Format:	eBook
File size:	8 MB

About the Author

Masuma Farooki is Consulting Director at MineHutte.

Alexander Graf is Senior Project Manager and Research Fellow at Vienna University of Economics and Business.

Stefanie Degreif is Deputy Head of Resources and Transport at the Oeko Institute.

Table of Contents

1. A brief introduction to the evolution of Responsible Sourcing in mineral value chains.-2. Understanding the dynamics of standards and objectives of standard setters as major drivers of Responsible Sourcing.- 3. The role of companies – How companies adapted to RS through standards and practices.- 4. The role of Legislation in creating a level-playing field and harmonisation of practices.- 5. Principles and lessons learned for effective Responsible Sourcing.- 6. Global and Local Responsible Sourcing – A common vision with diverse priorities.- 7. Conclusions on the (business) case for RS and the gaps to be addressed.

Editorial Reviews

This open access slim volume by editors Masuma Farooki, Alexander Graf, and Stefanie Degreif is a great book on responsible sourcing in mineral supply chains; how to advance it and placing it into context. The intended audience are practitioners, aiming for a meaningful engagement with their supply chain partners, and scholars.” (Anton Löf, Mineral Economics, Vol. 38 (2), 2025)

From the Publisher