Sustainability in Copper Supply Chains: A Study on Environmental, Social, and Governance Risks

Strategic Insights -

Research conducted at the University of Arizona has identified significant challenges in the copper mining industry due to inherent risks within the copper supply chain. The study emphasizes the importance of managing Environmental, Social, and Governance (ESG) issues to meet the projected increase in global demand for copper by 2050. The researchers propose a retrospective and qualitative assessment to evaluate ESG risks in the copper supply chain and apply risk assessment strategies across different stages.

Key Takeaways:

  • The global demand for copper is projected to increase by approximately 3.5 times by 2050, posing significant challenges for the mining industry.
  • The industry's ability to address supply chain risks will depend on its capacity to manage ESG issues.
  • Leveraging current technology and real-time data collection is crucial for efficiently mitigating ESG risks.
  • The absence of standardized metrics for ESG compliance presents a critical barrier to effective risk management.
  • Regional governments should play a leading role in establishing a robust ESG framework with accountability and transparency to support sustainable copper supply chains.
  • The integration of data-driven technologies in ESG assessment and compliance is recommended.
  • Local, national, and international regulations, rights, and guidelines are extensive and can reduce ESG risks when effectively applied and adhered to.

Statistics:

  • Global demand for copper is projected to increase by 3.5 times by 2050.
  • Copper mining industry faces significant challenges in meeting this demand due to inherent risks within the copper supply chain.
  • Effective application and adherence to local, national, and international regulations, rights, and guidelines can significantly reduce ESG risks.
  • The study proposes a retrospective and qualitative assessment to evaluate ESG risks in the copper supply chain.

Sources:

  • Sustainable Copper Supply Chains: Evaluating Esg Risks Through the Lens of Regulatory Compliance and Risk Assessment Strategies. Extractive Industries and Society, 2025;23.
  • Elsevier Sci Ltd, 125 London Wall, London, England.
  • NewsRx. Findings on Sustainability Research Reported by Investigators at University of Arizona (Sustainable Copper Supply Chains: Evaluating Esg Risks Through the Lens of Regulatory Compliance and Risk Assessment Strategies). Ecology, Environment & Conservation. September 5, 2025; p 221.