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Sustainability
Volume 15
Issue 13
10.3390/su151310070
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Article

Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective

by
Alexey Bilgaev
1,2,
Suocheng Dong
1,*,
Erzhena Sadykova
2,
Fujia Li
1,3,*,
Arnold Tulokhonov
2,
Anna Mikheeva
2 and
Valentin Batomunkuev
2
1
Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, China
2
Baikal Institute of Nature Management, Siberian Branch of the Russian Academy of Sciences, Ulan-Ude 670047, Russia
3
Innovation Academy for Green Manufacture, Chinese Academy of Sciences, Beijing 100190, China
*
Authors to whom correspondence should be addressed.
Sustainability 2023, 15(13), 10070; https://doi.org/10.3390/su151310070
Submission received: 15 May 2023 / Revised: 20 June 2023 / Accepted: 23 June 2023 / Published: 25 June 2023
(This article belongs to the Special Issue Urbanization and Regional Economies towards Sustainability)
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Abstract

This article discusses developing methods for assessing environmental and socio-economic sustainability, using examples of mineral and raw materials sector companies in Northern Asia (Russia). We identified a sustainability criteria system and proposed an indicator system. These indicators represent a mechanism that orders the complex of existing indicators following the goals and strategy of sustainable development at the micro level. The proposed methodology for constructing a generalized index is based on aggregating three indicator blocks that characterize the environmental and socio-economic aspects of company development. The Sustainable Development Generalized Index (SDGI) allowed us to integrate the complex environmental and socio-economic development processes of mineral and raw materials sector companies and assess their sustainability. Its main feature is the reflection of the environmental specificity of companies. The indicator system adapted to the peculiarities of the mineral and raw materials sector development is a tool for identifying the main trends in the extractive industry development and determining the factors that positively or negatively affect the sustainable development of production companies. The obtained results have information significance for state structures in ensuring the regulation, planning, and control of the consequences of decisions made in the greening production activities at the micro level.
Keywords: mineral and raw materials sector; Northern Asia; Russia; sustainable development; SDGI mineral and raw materials sector; Northern Asia; Russia; sustainable development; SDGI

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MDPI and ACS Style

Bilgaev, A.; Dong, S.; Sadykova, E.; Li, F.; Tulokhonov, A.; Mikheeva, A.; Batomunkuev, V. Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective. Sustainability 2023, 15, 10070. https://doi.org/10.3390/su151310070

AMA Style

Bilgaev A, Dong S, Sadykova E, Li F, Tulokhonov A, Mikheeva A, Batomunkuev V. Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective. Sustainability. 2023; 15(13):10070. https://doi.org/10.3390/su151310070

Chicago/Turabian Style

Bilgaev, Alexey, Suocheng Dong, Erzhena Sadykova, Fujia Li, Arnold Tulokhonov, Anna Mikheeva, and Valentin Batomunkuev. 2023. "Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective" Sustainability 15, no. 13: 10070. https://doi.org/10.3390/su151310070

APA Style

Bilgaev, A., Dong, S., Sadykova, E., Li, F., Tulokhonov, A., Mikheeva, A., & Batomunkuev, V. (2023). Sustainability Assessment of Mineral Resource Sector Companies in Northern Asia (Russia): An Environmental and Socio-Economic Perspective. Sustainability, 15(13), 10070. https://doi.org/10.3390/su151310070

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