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Rathobei, K. E., Ranängen, H. & Lindman, Å. (2024). Exploring broad value creation in mining - Corporate social responsibility and stakeholder management in practice. The Extractive Industries and Society, 17, Article ID 101412.
Open this publication in new window or tab >>Exploring broad value creation in mining - Corporate social responsibility and stakeholder management in practice
2024 (English)In: The Extractive Industries and Society, ISSN 2214-790X, E-ISSN 2214-7918, Vol. 17, article id 101412Article in journal (Refereed) Published
Abstract [en]

In today's business landscape, corporate social responsibility is important as companies are expected to integrate social and environmental considerations into their operations and interactions with stakeholders. This involves adhering to codes of conduct, producing sustainability reports, and actively engaging with local communities. As a result, sustainable business models have gained prominence, focusing on societal concerns, environmental consciousness, and financial viability. While stakeholder management is recognized as vital in sustainable business models, there remains a gap in understanding how to implement stakeholder management within this business model effectively. This study uses sustainability reports from major mining and mineral firms to explore how stakeholder management practices might be used to benefit a wider variety of stakeholders. It provides information about stakeholder prioritisation, engagement, and sustainability communication strategies. While these companies attempt to address stakeholders' environmental and social concerns, the study recommends a proactive approach that widens stakeholder engagement, includes secondary stakeholders, leverages shared interests, and enhances stakeholder management reporting to maximize the impact of broad stakeholder value creation in sustainable business models to foster sustainable development.

Place, publisher, year, edition, pages
Elsevier Ltd, 2024
Keywords
Corporate social responsibility, Corporate sustainability, Stakeholder management, Sustainability reporting, Sustainable business models
National Category
Business Administration
Research subject
Quality Technology and Logistics
Identifiers
urn:nbn:se:ltu:diva-104179 (URN)10.1016/j.exis.2024.101412 (DOI)001166359300001 ()2-s2.0-85183530844 (Scopus ID)
Note

Funder: SUN Research School;

Full text license: CC BY

Available from: 2024-02-05 Created: 2024-02-05 Last updated: 2024-03-07
Rathobei, K. E., Ranängen, H. & Lindman, Å. (2024). Stakeholder integration in sustainable business models to enhance value delivery for a broader range of stakeholders. Business Strategy and the Environment
Open this publication in new window or tab >>Stakeholder integration in sustainable business models to enhance value delivery for a broader range of stakeholders
2024 (English)In: Business Strategy and the Environment, ISSN 0964-4733, E-ISSN 1099-0836Article in journal (Refereed) Epub ahead of print
Abstract [en]

Sustainable business models (SBMs) represent a contemporary approach seeking to deliver value to businesses and a wide range of stakeholders. This paper addresses the existing gap in practical guidance for businesses aiming to incorporate a wider range of stakeholders into their SBMs. To address the gap, a systematic review of academic literature and a review of mining company reports were conducted. The findings demonstrate that it is imperative to integrate stakeholders to achieve sustainability objectives, gain societal acceptance and foster legitimacy while maintaining alignment with stakeholders' concerns. To this end, the theoretical implication of this study lies in introducing a stakeholder integration model (SIM) that underscores the roles of identification, communication, knowledge sharing and continual improvement in achieving sustainability objectives and societal acceptance within SBMs. Practically, it addresses a gap by providing practical guidance for businesses to integrate stakeholders to manage risk, uncover value-creation opportunities and gain social acceptance.

Place, publisher, year, edition, pages
John Wiley and Sons Ltd, 2024
Keywords
corporate sustainability, stakeholder engagement, stakeholder integration, stakeholder theory, sustainable business models, sustainable value proposition, systematic literature review
National Category
Business Administration
Research subject
Quality Technology and Logistics; Economics
Identifiers
urn:nbn:se:ltu:diva-103993 (URN)10.1002/bse.3651 (DOI)001153422600001 ()2-s2.0-85182813916 (Scopus ID)
Note

Full text license: CC BY-NC

Available from: 2024-01-29 Created: 2024-01-29 Last updated: 2024-03-07
Lindman, Å., Ranängen, H. & Kauppila, O. (2020). Guiding corporate social responsibility practice for social license to operate: A Nordic mining perspective. The Extractive Industries and Society, 7(3), 892-907
Open this publication in new window or tab >>Guiding corporate social responsibility practice for social license to operate: A Nordic mining perspective
2020 (English)In: The Extractive Industries and Society, ISSN 2214-790X, E-ISSN 2214-7918, Vol. 7, no 3, p. 892-907Article in journal (Refereed) Published
Abstract [en]

Mining activities can benefit the local economy, although they can also have a negative impact on society and the local environment. As the negative impacts have engendered an increased stakeholder pressure over the last decades the mining industry has given considerable attention to its social and environmental impacts by practicing corporate social responsibility (CSR). This article presents a case study on the Nordic mining industry and its stakeholders with the aim of investigating how a mining company and its stakeholders evaluate sustainability aspects, describing the similarities and differences in their evaluations and exploring whether the concept of materiality analysis can be used as a tool for a company's strategic CSR practice. The mining company X was selected as the case company based on its high CSR profile, sustainability reporting, local context and interesting field competencies. Data has been collected through workshops with management groups, stakeholder surveys and stakeholder interviews. A sustainability aspect matrix was developed which the management groups at Company X and their identified stakeholders evaluated. The materiality analysis visualized the similarities and differences in a good way and the management groups regarded it as a useful tool for their strategic CSR practice.

Place, publisher, year, edition, pages
Elsevier, 2020
Keywords
Sustainability aspects, Corporate social responsibility (CSR), Social license to operate (SLO), materiality analysis, Mining Industry
National Category
Reliability and Maintenance Economics
Research subject
Economics; Quality technology and logistics
Identifiers
urn:nbn:se:ltu:diva-80275 (URN)10.1016/j.exis.2020.07.013 (DOI)000571911100018 ()2-s2.0-85088111451 (Scopus ID)
Projects
Strategic innovation program (STRIM)
Note

Validerad;2020;Nivå 2;2020-10-15 (alebob)

Available from: 2020-07-24 Created: 2020-07-24 Last updated: 2020-10-15Bibliographically approved
Ranängen, H. & Lindman, Å. (2020). Walk the Talk: A Sustainability Management System for Social Acceptance in Nordic Mining. Sustainability, 12(9), Article ID 3508.
Open this publication in new window or tab >>Walk the Talk: A Sustainability Management System for Social Acceptance in Nordic Mining
2020 (English)In: Sustainability, E-ISSN 2071-1050, Vol. 12, no 9, article id 3508Article in journal (Refereed) Published
Abstract [en]

The mining industry has experienced increased stakeholder pressure over the last decades, and the legitimacy of the mining industry and its place in society is sometimes questioned. On the other hand, high corporate social responsibility (CSR) performance can lead to an increased social acceptance, which in the end may give the mining company the social license to operate. This article focuses on stakeholder management within management system thinking in order to enhance the social acceptance for mining. The purpose is to describe a mining company’s existing stakeholder management practice and identify areas for improvement using established stakeholder management models to achieve an efficient and effective stakeholder management practice. The purpose is also to describe how conceptual sustainability management system (SMS) frameworks can be usefully applied and, more specifically, whether and how stakeholder management models and the concept of materiality analysis are useful for the planning step in an SMS for social acceptance. The findings show that the used SMS framework fits well in this context, and that a materiality analysis can beneficially be used for the ‘systemization of stakeholder demands’ in the planning step of an SMS.

Place, publisher, year, edition, pages
MDPI, 2020
Keywords
sustainability management system, CSR, corporate social responsibility, stakeholder management, social acceptance, mining
National Category
Reliability and Maintenance Economics
Research subject
Economics; Quality technology and logistics
Identifiers
urn:nbn:se:ltu:diva-79710 (URN)10.3390/su12093508 (DOI)000537476200007 ()2-s2.0-85085990616 (Scopus ID)
Note

Validerad;2020;Nivå 2;2020-06-17 (alebob)

Available from: 2020-06-17 Created: 2020-06-17 Last updated: 2022-02-10Bibliographically approved
Lindman, Å. & Stage, J. (2018). Avståndsskatters effekt för Norrbotten: En konsekvensanalys. Luleå: Region Norrbotten
Open this publication in new window or tab >>Avståndsskatters effekt för Norrbotten: En konsekvensanalys
2018 (Swedish)Report (Other academic)
Place, publisher, year, edition, pages
Luleå: Region Norrbotten, 2018. p. 36
Series
Rapportserie inom Regional förnyelse
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:ltu:diva-70781 (URN)
Available from: 2018-09-06 Created: 2018-09-06 Last updated: 2018-09-25Bibliographically approved
Ranängen, H. & Lindman, Å. (2018). Exploring corporate social responsibility practice versus stakeholder interests in Nordic mining. Journal of Cleaner Production, 197(Part-1), 668-677
Open this publication in new window or tab >>Exploring corporate social responsibility practice versus stakeholder interests in Nordic mining
2018 (English)In: Journal of Cleaner Production, ISSN 0959-6526, E-ISSN 1879-1786, Vol. 197, no Part-1, p. 668-677Article in journal (Refereed) Published
Abstract [en]

Population growth, the speed of urbanization in Asia and the more sophisticated requirements of the developed world have led to an increased demand for metals. Sweden is currently one of the EU's leading producers of ores and metals and major investments have been made regarding exploration. Although mining activities may be good for the local economy, mining can also have a negative impact both on the local environment and society which have generated a significantly increased stakeholder pressure over the last twenty years. As a consequence, the mining industry wants to be in fore front when it comes to practicing corporate social responsibility (CSR) in order to obtain the social license to operate (SLO). The concept SLO is based on the idea that mining companies need not only government permission (or permits) but also "social permission" to conduct their business. The social license consists of different parts, depending on the conditions in place.This paper is focusing on the Nordic mining industry and its stakeholders with the purpose to explore if CSR practice actually complies with stakeholder interests. This study, based on a content analysis of sustainability reports and a stakeholder survey, indicates that the CSR practice do comply to some extent with stakeholder interests but that there are room for improvement regarding the respect for laws and regulations, anti-corruption, sustainable resource use and energy in particular, sustainable land use, sustainable transports and the recycling of metals.

Place, publisher, year, edition, pages
Elsevier, 2018
Keywords
Mining, Corporate sustainability, CSR, Corporate social responsibility, Stakeholder interests, Social licence to operate
National Category
Reliability and Maintenance Economics
Research subject
Quality Technology & Management; Economics
Identifiers
urn:nbn:se:ltu:diva-69626 (URN)10.1016/j.jclepro.2018.06.159 (DOI)000441998400062 ()2-s2.0-85049913577 (Scopus ID)
Note

Validerad;2018;Nivå 2;2018-08-02 (rokbeg)

Available from: 2018-06-18 Created: 2018-06-18 Last updated: 2022-10-27Bibliographically approved
Ranängen, H. & Lindman, Å. (2017). A path towards sustainability for the Nordic mining industry. Journal of Cleaner Production, 151, 43-52
Open this publication in new window or tab >>A path towards sustainability for the Nordic mining industry
2017 (English)In: Journal of Cleaner Production, ISSN 0959-6526, E-ISSN 1879-1786, Vol. 151, p. 43-52Article in journal (Refereed) Published
Abstract [en]

The mining industry has a major impact on society - from an economic, environmental and social perspective and due to a vast number of criteria. Which criteria should be given priority depends on where the mining operations take place. This paper’s focus on the Nordic mining industry is partly due to the positive economic trend that the industry is currently experiencing and partly because very little research has been conducted on how the European mining industry addresses sustainability. The purpose of this study is therefore to examine the Nordic mining industry’s sustainability practices and to develop guidelines for such efforts.

The research methods used in the study include a literature review, a content analysis of sustainability reports, a review of existing sustainability initiatives, guidelines and tools, a stakeholder survey and interviews with mining company officials. Based on the findings, sustainability criteria guidelines for the Nordic mining industry are suggested in the areas of corporate governance, fair operating practices, economic aspects, human rights, labour practices, society and the environment. The content of the guidelines is discussed in the light of the sustainability practices performed by the studied mining companies

Place, publisher, year, edition, pages
Elsevier, 2017
National Category
Reliability and Maintenance Economics
Research subject
Quality Technology & Management; Economics
Identifiers
urn:nbn:se:ltu:diva-62496 (URN)10.1016/j.jclepro.2017.03.047 (DOI)000399624000005 ()2-s2.0-85016463572 (Scopus ID)
Note

Validerad; 2017; Nivå 2; 2017-03-14 (andbra)

Available from: 2017-03-14 Created: 2017-03-14 Last updated: 2022-10-27Bibliographically approved
von Below, D., Carlén, B., Dahlqvist, A., Jussila Hammes, J., Lindman, Å., Marklund, P., . . . Mandell, S. (2017). Klimatpolitisk inventering: Del 2. Stockholm: Konjunkturinstitutet
Open this publication in new window or tab >>Klimatpolitisk inventering: Del 2
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2017 (Swedish)Report (Other academic)
Place, publisher, year, edition, pages
Stockholm: Konjunkturinstitutet, 2017. p. 106
Series
Specialstudie, ISSN 1650-996X ; 59
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:ltu:diva-70779 (URN)
Available from: 2018-09-06 Created: 2018-09-06 Last updated: 2018-09-25Bibliographically approved
von Below, D., Carlén, B., Dahlqvist, A., Jussila Hammes, J., Lindman, Å., Marklund, P. & Otto, V. (2017). Miljö, ekonomi och politik. Stockholm: Konjunkturinstitutet
Open this publication in new window or tab >>Miljö, ekonomi och politik
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2017 (Swedish)Report (Other academic)
Place, publisher, year, edition, pages
Stockholm: Konjunkturinstitutet, 2017. p. 131
Series
Miljö, ekonomi och politik, ISSN 2001-3108 ; 2017
National Category
Economics
Research subject
Economics
Identifiers
urn:nbn:se:ltu:diva-70778 (URN)978-91-86315-86-3 (ISBN)
Available from: 2018-09-06 Created: 2018-09-06 Last updated: 2018-09-25Bibliographically approved
Ranängen, H., Lindman, Å. & Ejdemo, T. (2017). Towards sustainability in Nordic Mining: A path towards sustainability for the Nordic mining industry. København: Nordisk ministerråd
Open this publication in new window or tab >>Towards sustainability in Nordic Mining: A path towards sustainability for the Nordic mining industry
2017 (English)Report (Other academic)
Abstract [en]

Rapid global development has led to an increased demand for raw materials such as minerals and metals – a trend that has also benefited the Nordic mining industry. However, as there are economic, environmental and social challenges related to the extraction of minerals and metals, it is important to know which aspects to prioritise for sustainability purposes. Therefore, the aim of this project is to examine the Nordic mining industry’s sustainability practices and develop guidelines for its sustainability efforts. The analysed data includes a literature review, a review of mining company websites, an analysis of sustainability reports, a review of existing sustainability initiatives, a stakeholder survey and interviews with company officials. The study has resulted in sustainability criteria guidelines for the Nordic mining industry. The guidelines are divided into the following seven core subjects: corporate governance, fair operating practices, economic aspects, human rights, labour practices, society and the environment. Corporate governance is the framework for decision making within the company, the most important aspects of which are stakeholder management, respect for the rule of law, risk management and self-regulatory practices and management systems. Fair operating practices concern ethical conduct in a company’s relationships with other organisations, where anti-corruption, responsible political involvement, fair competition and responsible supply chain management should be prioritised. The economic dimension of sustainability concerns a company’s impact on the economic conditions of its stakeholders and economic systems at local, national and global levels. Economic performance includes direct economic value for society. In contrast, indirect economic values relate to investments and services that can have an impact on communities. Local procurement practices mean the purchase of local products and services. Human rights are the basic rights to which all human beings are entitled. The suggested sustainability criteria are non-discrimination, freedom of association and collective bargaining and indigenous rights. The labour practices of a company include all the policies and practices that relate to the work that is performed within, by or on behalf of the company, including sub-contract work. Here, the sustainability criteria to be given precedence are employment, training and education, occupational health and safety, diversity and equal opportunity, conditions of work and social protection and work-life balance.

Place, publisher, year, edition, pages
København: Nordisk ministerråd, 2017. p. 105
Series
TemaNord, ISSN 0908-6692
Keywords
CSR, Corporate social responsibility, sustainability, sustainable development, mining
National Category
Reliability and Maintenance Economics
Research subject
Quality Technology and Management; Economics
Identifiers
urn:nbn:se:ltu:diva-61618 (URN)978-92-893-4794-5 (ISBN)978-92-893-4795-2 (ISBN)
Projects
The study is commissioned by NordMin – a Nordic network of expertise for a sustainable mining and mineral industry.
Available from: 2017-01-24 Created: 2017-01-24 Last updated: 2022-10-27Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0001-6226-8190

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