Friday, November 30, 2007

Book report "Mining and the environment"

Recently I have read a book concerning Corporate Social Responsibility which is named as “Mining and the environment”. In that book, which is consisted of 8 chapters, 237 pages; there were widely discussed issues of mining mineral resources and its influence on ecology, problems it brings such as air contamination, water pollution, air pollution, ecological degradation; and all environmental costs which occur. And also the book suggests that new regulatory principle, which is named “pollution-prevention pays” should be implemented, as it aims to promote competitive and environmentally sustainable industrial development. The requirement that pollution be reduced at source implies a requirement for technical or organizational change, or both, in the production process. This, in turn, requires that firms develop new technological and managerial capabilities, technological alliances with equipment suppliers, and collaboration with R&D organizations. Also there must be used environmental innovation, mining companies must create new ways of extraction, implement new technologies with the help of which miners can extract several mineral resources at the same time. In order to be better environmental managers for mining companies given below approaches can be used:

  1. Stimulate and reward innovation in pollution prevention with tax breaks for R&D and technology investment;
  2. Require mandatory pollution-prevention and reclamation plans in project development, and stipulate bonds for that purpose;
  3. Stimulate profitable innovation in waste management, such as re-mining, reagent and metals recovery, and biotechnological waste treatment, and remove legislative barriers to re-mining and waste treatment;
  4. Reward firms for innovations in clean technology;
  5. Use mechanisms such as credit conditionality to facilitate the commercialization and diffusion of pollution-prevention technology and work practices across the boundaries of firms and nations;
  6. Promote new approaches to technology transfer, such as interfirm collaboration to develop the technological and managerial capabilities to innovate, in-depth training to manage technical and organizational change, and information-dissemination programs.