1
25-004
Academy, Mining Industry, and the ESG &
Sustainability Criteria
Cayo Soto
ABSTRACT
Mining activity is important for the development of
humanity. This development must be understood from
the Academy where it allows showing alternatives for the
industry performance. Likewise, these mining companies
need to improve their results. Historically, a few years ago
the application of the ESG (Environmental, Social and
Governance) criterion was verified, which is positioned as a
factor/regulator in the design of the performance of indus-
tries in general. ESG as an integral part of the concept of
sustainability serves as a tool to conceive mining without
conflicts and with a reputation based on trust in the inter-
relation of the university, industry and society.
Therefore, the academy must strive for new knowledge
in a way that allows it to continue in the virtuous circle
of constantly feeding it. In this context, the best mining
practices are implemented in constant questioning of their
activities. The scientific essence of the industry supported
by the academy developed in an operational dynamic is
addressed.
Finally, the objective of this research work is to interre-
late 3 variables: ESG, Academia, and the Mining Industry,
where the transition of knowledge and the role of each vari-
able in relation to each one can be understood. This allows
for an additional understanding of mining in the future
with new mental attention.
Keywords: University, Mining, Sustainable Development,
ESG, sustainability
INTRODUCTION
Mining is an extractive industry whose role is relevant
to the existence of humanity (Javier, 2018). It is impor-
tant and necessary to ask ourselves if the activities carried
out throughout this time were appropriate or require an
openness of understanding that leads to a new design of
thinking and promotes business sustainability (Lozano,
2020). So, traditional mining achieves dilution in the
extraction of minerals. It brings positive and negative conse-
quences to reconcile the management of mineral resources.
At this point, it is crucial to understand why mining has
rejection by social-environmental issues. Furthermore, it
is revealed that the mining companies do not render their
model to research. (Kemp &Owen, 2020) say: ´The model
of entrepreneurship demands deep research into the core,
as well as, the relation with communities´ rejection´. In
addition, mineral resources are non-renewable and finite.
The extraction of minerals leads us to scenarios of social
and environmental linkage with communities and business
governance.
Finally, we indicate the conservation of concepts would
be frozen in time and beyond technical issues that require
new approaches in the administration of the Mining
Industry (Javier, 2019). This approach would regain con-
fidence in the social negotiation for the social license. The
research work focuses on the study and development of
linear thinking, which lacks new ideas (Gonen &Brown,
2020) and is dominated by the mining business status.
The academia would have opportunities to encourage new
initiatives. This current business model is widespread and
standardized on the planet. Currently, it confronts a pas-
sive resistance to change, distributed in advantages and dis-
advantages. Due to the results in business performance, it
indicates being a product of thinking design (Bason, C.,
&Austin, R. D. 2019) where social conflicts would be
avoided and bonds established in the trust of the commu-
nity involved. At the present time, business performance
indicators adhere to the ESG criterion (Santamaria, R.
2021) as a proposal, allowing a metric that contributes to
the evolution of new organizational constructs and designs
(Ong, T., &Djajadikerta, H. G, 2020). Design thinking,
25-004
Academy, Mining Industry, and the ESG &
Sustainability Criteria
Cayo Soto
ABSTRACT
Mining activity is important for the development of
humanity. This development must be understood from
the Academy where it allows showing alternatives for the
industry performance. Likewise, these mining companies
need to improve their results. Historically, a few years ago
the application of the ESG (Environmental, Social and
Governance) criterion was verified, which is positioned as a
factor/regulator in the design of the performance of indus-
tries in general. ESG as an integral part of the concept of
sustainability serves as a tool to conceive mining without
conflicts and with a reputation based on trust in the inter-
relation of the university, industry and society.
Therefore, the academy must strive for new knowledge
in a way that allows it to continue in the virtuous circle
of constantly feeding it. In this context, the best mining
practices are implemented in constant questioning of their
activities. The scientific essence of the industry supported
by the academy developed in an operational dynamic is
addressed.
Finally, the objective of this research work is to interre-
late 3 variables: ESG, Academia, and the Mining Industry,
where the transition of knowledge and the role of each vari-
able in relation to each one can be understood. This allows
for an additional understanding of mining in the future
with new mental attention.
Keywords: University, Mining, Sustainable Development,
ESG, sustainability
INTRODUCTION
Mining is an extractive industry whose role is relevant
to the existence of humanity (Javier, 2018). It is impor-
tant and necessary to ask ourselves if the activities carried
out throughout this time were appropriate or require an
openness of understanding that leads to a new design of
thinking and promotes business sustainability (Lozano,
2020). So, traditional mining achieves dilution in the
extraction of minerals. It brings positive and negative conse-
quences to reconcile the management of mineral resources.
At this point, it is crucial to understand why mining has
rejection by social-environmental issues. Furthermore, it
is revealed that the mining companies do not render their
model to research. (Kemp &Owen, 2020) say: ´The model
of entrepreneurship demands deep research into the core,
as well as, the relation with communities´ rejection´. In
addition, mineral resources are non-renewable and finite.
The extraction of minerals leads us to scenarios of social
and environmental linkage with communities and business
governance.
Finally, we indicate the conservation of concepts would
be frozen in time and beyond technical issues that require
new approaches in the administration of the Mining
Industry (Javier, 2019). This approach would regain con-
fidence in the social negotiation for the social license. The
research work focuses on the study and development of
linear thinking, which lacks new ideas (Gonen &Brown,
2020) and is dominated by the mining business status.
The academia would have opportunities to encourage new
initiatives. This current business model is widespread and
standardized on the planet. Currently, it confronts a pas-
sive resistance to change, distributed in advantages and dis-
advantages. Due to the results in business performance, it
indicates being a product of thinking design (Bason, C.,
&Austin, R. D. 2019) where social conflicts would be
avoided and bonds established in the trust of the commu-
nity involved. At the present time, business performance
indicators adhere to the ESG criterion (Santamaria, R.
2021) as a proposal, allowing a metric that contributes to
the evolution of new organizational constructs and designs
(Ong, T., &Djajadikerta, H. G, 2020). Design thinking,