Advancing Responsible Sourcing in Mineral Value Chains

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.

Brings clarity to the muddled and fragmented responsible sourcing landscape Offers a practical framework for the responsible sourcing on raw material within global value chains Shows how raw materials needed for the global green energy transition can be sourced sustainably This book is open access, which means that you have free and unlimited access

Autorentext

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.

Inhalt

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.