The South African mining industry has been, and continues to be, the main contributor of the country’s GDP. The listed mining companies have a great contribution to the market capitalisation of the Johannesburg Stock Exchange (JSE, 2014). Pre-1994, the mining companies had been under scrutiny for a wide range of negative environmental and social impacts in their operational areas. The mining companies were accused of a lack of sustainability plans, carbon emissions, land rehabilitation plans, pollution and lack of community engagement (Buccasa, 2013). Corporate social responsibility (CSR) has become a platform for the mining industry to correct the errors of the past and to contribute towards socio-economic development and environmental concerns. Through the implementation of CSR initiatives, the mining companies have brought about a significant change in the lives of people affected by mining industry. In return, the mining companies have built a good reputation which had been tarnished in the past. The objective of the study was to explore the role of CSR in the mining industry and determine how CSR initiatives had impacted the lives of the beneficiaries in the mining sector. The research identified three sustainability dimensions, which are: environment, social aspects and economic aspects. The aim of the study was to establish whether CSR initiatives have contributed towards sustainable development. The study established how the JSE/SRI listed mining companies reported CSR and determined the types of initiatives implemented. The study identified the similarities and differences in the CSR initiatives being implemented by 10 selected mining companies listed in the JSE/SRI index. The study also identified sustainable development issues faced by the South African mining industry. The study reviewed how these mining companies reported their CSR and identified regulating bodies and codes that promoted CSR. The study also determined the role that the JSE/SRI index plays towards the development of CSR and sustainable development in the mining sector in South Africa. Integrated reports and sustainability reports of the mining companies were used for data collection to establish how these companies reported CSR and disclosed their CSR strategies on the internet. The mining companies which were analysed were mining companies listed in the JSE/SRI index from 2010 – 2014. The JSE/SRI index is aligned with global sustainability guidelines and locally relevant corporate responsibility standards. The study determined the significance of JSE/SRI listing towards the development of CSR; in relation to environmental, social and economic development in the mining industry.
Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nmmu/vital:28612 |
Date | January 2017 |
Creators | Liphapang, Lebohang Irene |
Publisher | Nelson Mandela Metropolitan University, Faculty of Arts |
Source Sets | South African National ETD Portal |
Language | English |
Detected Language | English |
Type | Thesis, Masters, MA |
Format | xvi, 248 leaves, pdf |
Rights | Nelson Mandela Metropolitan University |
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