MINING INDUSTRY-SPECIFIC INSTITUTION BUILDING FOR ENVIRONMENTAL REPORTING
Environmental reporting by mining firms takes many forms and change frequently. The objective of these reports is to increase the legitimacy of mining firms with their diverse stakeholders. This study, focusing on internet-based reports, shows that there are considerable variations in reporting. This phenomenon is interesting because it belies the efforts pursued by leading industry members under iniatives such as the Global Mining Initiative and the Mining, Minerals and Sustainable Development project. The observed variation, both internally among reports and between reports and other industry policy statements, suggests that the industry needs to explore the possibilities for more convergence in terms of reporting quality. Based on theoretical constructs from the management literature we present a series of arguments about the strategic motivations for mining firms to engage in creating for durable and well-institutionalized reporting practices and standards.
Environment, Institutions, Mining, Reporting