IDEAS home Printed from https://ideas.repec.org/a/pkp/ijomas/v7y2018i3p156-179id1048.html
   My bibliography  Save this article

Challenges for Sustainability in Critical Raw Material Assessments

Author

Listed:
  • Arnaud DIEMER
  • Eduard NEDELCIU
  • Marie SCHELLENS
  • Johanna GISLADOTTIR

Abstract

The commonly-used methodologies for raw material criticality assessments produce lists based on economic parameters. However, they do not provide qualitative guidance or recommendations as to how to reduce criticality. Paradoxically, publishing these lists impacts the system in a way that can make critical resources become even more critical, because markets may react by increasing prices for critical raw materials, and conflict for these resources may increase. We propose a complementary methodology, System Dynamics Modelling, which provides better guidance for policy makers because of its insights into the driving forces behind the criticality of raw materials. Also, this methodology allows us to take into account the biophysical limits and the social dynamics which underpin the system, and thus enables us to understand the context in which raw materials become critical. The clarification of the drivers of criticality of raw materials, provided by our research method, can enhance the recommendations and guidance for policy- and decision-makers to respond to warning signals in their management. The applicability of our approach is illustrated by two case studies, on phosphorus and indium. We conclude that the externalities (social and environmental) of raw material extraction, both for production and consumption, should be considered by policy makers in order to account for the true cost of critical raw materials.

Suggested Citation

  • Arnaud DIEMER & Eduard NEDELCIU & Marie SCHELLENS & Johanna GISLADOTTIR, 2018. "Challenges for Sustainability in Critical Raw Material Assessments," International Journal of Management and Sustainability, Conscientia Beam, vol. 7(3), pages 156-179.
  • Handle: RePEc:pkp:ijomas:v:7:y:2018:i:3:p:156-179:id:1048
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/11/article/view/1048/1470
    Download Restriction: no

    File URL: https://archive.conscientiabeam.com/index.php/11/article/view/1048/4640
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oussama Saoula & Muhammad Fareed & Saiful Azizi Ismail & Nurul Sharniza Husin & Rawiyah Abd Hamid, 2019. "A Conceptualization of the Effect of Organisational Justice on Turnover Intention: The Mediating Role of Organisational Citizenship Behaviour," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 327-337, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pkp:ijomas:v:7:y:2018:i:3:p:156-179:id:1048. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/11/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.