Decision-support models for sustainable mining networks: fundamentals and challenges

Pimentel, Bruno; Gonzalez, Ernesto Santibañez; Barbosa, Geraldo. N.O.

doi:10.1016/j.jclepro.2015.09.023

Cited by 80 publications

(51 citation statements)

References 78 publications

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“…Nevertheless mining complex functioning on the principles of sustainable development is associated with unprecedented conditions: the increasing of mining operations depth; the reduction of large-scale deposits of solid minerals with high quality of raw materials; the decrease of valuable components of in the content in ore and increase of harmful impurities; the increase of rebellious ore share; the accumulation of large volumes technogenic formations, comparable to volume of accumulated metals with of promising deposit reserves; the displacement of mineral resource development sites in hard-to-reach areas with undeveloped infrastructure and unfavorable natural and climatic conditions; the leaving of significant volumes of natural and man-made reserves in the depths of the Earth located in complex technogenically altered geomechanical, gas-hydrodynamic and mine technical conditions; the growth of the requirements to the quality of products by the world market; the increase in specific energy costs and others. In this connection sustainable development should be understood not only as a classic definition, implying such a kind of development that allows to ensure the existence of society without threatening to future generations to meet their needs [14][15][16][17][18]. Sustainable development of mining complex should be understood as a set of strategic initiatives to ensure the exploitation of each developing subsoil area for indefinite period time on the basis of the initial design in the stages of transition to a new technological structure of field development.…”

Section: Scientific and Methodological Basis Of Researchmentioning

confidence: 99%

The new wave of technological innovations for sustainable development of geotechnical systems

2018

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Today the development of information network technologies and the new equipment determine the new strategies in the designing ore deposits exploration with elements of artificial intelligence, software system processing of the geodata, high-precision methods and tools for studying the mineral matter and the structure of mine massifs, renewable energy, and green technologies. In addition, these components are used in the sustainable operations of mine technical systems, for the active expendable of which it is necessary to make a transition to a new technological setup. It is associated with the capabilities of operational synchronous transformation of the taping resources and the adaptation of geotechnologies to specific conditions, to meet the needs of society in georesources.

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Section: Scientific and Methodological Basis Of Researchmentioning

confidence: 99%

The new wave of technological innovations for sustainable development of geotechnical systems

2018

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“…Siew et al [35] highlight the limitations of existing sustainability reporting tools and offer an alternative framework that could help improve assessment and reporting. Pimentel et al [34] provide an analysis of the literature related to the development and application of quantitative decision-support methods incorporating sustainability consideration in the mining industry. The authors draw the conclusion that no mining activities should be undertaken unless they can make a net positive long-term contribution to human and ecosystem well-being.…”

Section: The Application Of Multi-criteria Decision-making Methods Inmentioning

confidence: 99%

Sustainability-Oriented Financial Resource Allocation in a Project Portfolio through Multi-Criteria Decision-Making

Dobrovolskienė

Tamošiūnienė

2016

Sustainability

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Abstract:Modern portfolio theory attempts to maximize the expected return of a portfolio for a given level of portfolio risk, or equivalently minimize risk for a given level of expected return. The reality, however, shows that, when selecting projects to a portfolio and allocating resources in the portfolio, an increasing number of organizations take into account other aspects as well. As a result of the sole purpose (risk-return), it offers only a partial solution for a sustainable organization. Existing project portfolio selection and resource allocation methods and models do not consider sustainability. Therefore, the aim of this article is to develop a sustainability-oriented model of financial resource allocation in a project portfolio by integrating a composite sustainability index of a project into Markowitz's classical risk-return scheme (mean-variance model). The model was developed by applying multi-criteria decision-making methods. The practicability of the model was tested by an empirical study in a selected construction company. The proposed sustainability-oriented financial resource allocation model could be used in allocating financial resources in any type of business. The use of the model would not only help organisations to manage risk and achieve higher return but would also allow carrying out sustainable projects, thereby promoting greater environmental responsibility and giving more consideration to the wellbeing of future generations. Moreover, the model allows quantifying the impact of the integration of sustainability into financial resource allocation on the return of a portfolio.

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“…Usually, the required data to include sustainability is not available in the early stages (Marcelino-Sádaba et al, 2015). Portfolio setting is part of the strategic level (Hope & Moehler, 2014), and strategy means longterm decisions (Pimentel et al 2016). 23 references mentioned that environmental decisions should be implemented at the strategic level, as part of the goals and strategy of the company (Ölundh & Ritzen, 2004).…”

Section: Early Stages Of the Product Development Process And The Levementioning

confidence: 99%

Sustainability Product Portfolio: A Review

Villamil¹,

Hallstedt²

2018

EJSD

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Many companies have identified the importance of sustainable innovation for long-term competitiveness and recognition but face difficulties in translating sustainability strategies into practical action. Some companies have shown an interest to include sustainability dimensions into their product portfolio, which can be an efficient way to communicate the sustainability performance of the products internally and externally and even speed up the development of more sustainable solutions. Our research aims to determine how a sustainability portfolio can be defined and how to assess portfolios from a sustainability perspective. A systematic literature review on sustainability product portfolio was conducted. The results indicated that a general portfolio setting follows a selection criteria and the company´s strategies, which usually are based on management elements, e.g., time, cost, risk, quality, etc., leaving behind sustainability variables. Most of the tools used for evaluation criteria miss the holistic view. The companies could benefit from a systematic approach to implementing sustainability into their product portfolio. The findings were connected with a previous study to evaluate a sustainability assessment approach used for a technology portfolio. For future work, a descriptive study will complement an understanding on how to guide companies to shape their sustainability product portfolios.

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Decision-support models for sustainable mining networks: fundamentals and challenges

Cited by 80 publications

References 78 publications

The new wave of technological innovations for sustainable development of geotechnical systems

The new wave of technological innovations for sustainable development of geotechnical systems

Sustainability-Oriented Financial Resource Allocation in a Project Portfolio through Multi-Criteria Decision-Making

Sustainability Product Portfolio: A Review

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