Browsing by Author "Shilongo, Genovefa Magano"

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    Evaluating the implementation of environmental, social and governance factors in the mining sector : a case study of Namibia
    (Stellenbosch : Stellenbosch University, 2023-03) Shilongo, Genovefa Magano; Crookes, Douglas J.; Stellenbosch University. Faculty of Economic and Management Sciences. School of Public Leadership.
    ENGLISH SUMMARY: Over the years the demand of sustainability disclosure has grown and companies are moving away from disclosing only based on financial performance. With the demand of investors for companies to consider environmental, social and governance factors in their operation and decision making. The mining companies have obligation to disclose on financial and non non-financial instruments to stakeholders. Sustainable mining suggests that mining companies consider the integration of environmental, social and governance (ESG) factors in their business strategies. This warranted the research study to assess the progress made in Namibia as literature review reveal that there are few studies on the integration of ESG practices. Thus, this study explores the extent of ESG consideration in the mining sectors to estab lish the nature of ESG indicators adopted and the driving force thereof. This research employed a combination of qualitative and quantitative approaches to answer the research questions. The desktop research was conducted using secondary data from archival data source. In confirming whether ESG is integrated in the mining sector, the research conducted content analyses of sustainability reports using the categorisation of themes as per the Global reporting initiative indicators. The study found that, the Namibian mining industry have considered ESG practice within their operation to some extent as most of the mining companies have integrated and disclosed on ESG metrics. Many of the examined mining companies have published sustainability reports on the s trategies and progress made toward environmental and social factors. Although the regulations are silent on the ESG, the focus in on adopting and integrating sustainable development goals. Therefore, the driving force of ESG in the sector to maintain good reputation, attract investor and complying with regulation. Although, the ESG integration in the sector is lucrative, the regulator needs to adopt ESG in the regulatory framework and create awareness in order to promote ESG and leap long term effect which leads to achieving Sustainable development goals.