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Differentiated social risk: Rebound dynamics and sustainability performance in mining


  • Kemp, Deanna
  • Worden, Sandy
  • Owen, John R.


This article examines the application of social risk in the global mining industry. The current approach to social risk conflates risk to people and risk to projects. We argue that differentiation is needed to determine the respective attributes of both risk types and to understand how and where they interact. Establishing a clear understanding about where a risk is directed is important from multiple vantage points: due diligence, risk and liability management and social protections. A key contribution in this article is the demonstration of 'rebound dynamics' surrounding social risk. The authors argue that social risks can generate impacts across a range of institutions, boundaries and factors. Understanding the workings of social risk in this dynamic space is critical for ensuring that the industry addresses social harm as part of its commitments to sustainable development.

Suggested Citation

  • Kemp, Deanna & Worden, Sandy & Owen, John R., 2016. "Differentiated social risk: Rebound dynamics and sustainability performance in mining," Resources Policy, Elsevier, vol. 50(C), pages 19-26.
  • Handle: RePEc:eee:jrpoli:v:50:y:2016:i:c:p:19-26
    DOI: 10.1016/j.resourpol.2016.08.004

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    References listed on IDEAS

    1. Terje Aven & Ortwin Renn, 2009. "On risk defined as an event where the outcome is uncertain," Journal of Risk Research, Taylor & Francis Journals, vol. 12(1), pages 1-11, January.
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    7. ., 2014. "Production: the benefit of working together," Chapters,in: Reframing Economics, chapter 2, pages 11-27 Edward Elgar Publishing.
    8. Ortwin Renn, 2004. "Perception of Risks," The Geneva Papers on Risk and Insurance, The International Association for the Study of Insurance Economics, vol. 29(1), pages 102-114, January.
    9. An Ha Truong & Thi My Anh Le, 2014. "Overview of bamboo biomass for energy production," Working Papers halshs-01100209, HAL.
    10. Ortwin Renn, 2004. "Perception of Risks," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 29(1), pages 102-114, January.
    11. Mariano Croce & Kai Li & Anthony Diercks & Hengjie Ai, 2014. "Production-Based Term Structure of Equity Returns," 2014 Meeting Papers 1162, Society for Economic Dynamics.
    12. A. Greening, Lorna & Greene, David L. & Difiglio, Carmen, 2000. "Energy efficiency and consumption -- the rebound effect -- a survey," Energy Policy, Elsevier, vol. 28(6-7), pages 389-401, June.
    13. Cowell, Sarah J. & Wehrmeyer, Walter & Argust, Peter W. & Robertson, J. Graham S., 1999. "Sustainability and the primary extraction industries: theories and practice," Resources Policy, Elsevier, vol. 25(4), pages 277-286, December.
    14. Farrell, Leanne A. & Hamann, Ralph & Mackres, Eric, 2012. "A clash of cultures (and lawyers): Anglo Platinum and mine-affected communities in Limpopo Province, South Africa," Resources Policy, Elsevier, vol. 37(2), pages 194-204.
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    1. repec:eee:jrpoli:v:53:y:2017:i:c:p:259-266 is not listed on IDEAS
    2. repec:eee:jrpoli:v:53:y:2017:i:c:p:283-299 is not listed on IDEAS


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