Criticality assessment of green materials: institutional quality, market concentration and recycling potential

The carbon transition and digitalization transformation are tied to a set of critical raw materials (CRM). Energy accumulators, renewable energy modules, and electronic devices all contain a certain amount of these. The versatility and utility of such elements come together with the limited number...

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Autor principal:	Matteo Mazzarano
Formato:	article
Lenguaje:	EN
Publicado:	University of Turin 2021
Materias:	Critical raw materials Responsible sourcing Market concentration Conflict minerals Circularity Sociology (General) HM401-1281 Economic theory. Demography HB1-3840
Acceso en línea:	https://doaj.org/article/35b2e131f2ac44889852c2e9d1ba55f0
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spelling	oai:doaj.org-article:35b2e131f2ac44889852c2e9d1ba55f02021-11-12T07:17:05ZCriticality assessment of green materials: institutional quality, market concentration and recycling potential10.13135/2704-9906/59882704-9906https://doaj.org/article/35b2e131f2ac44889852c2e9d1ba55f02021-11-01T00:00:00Zhttps://www.ojs.unito.it/index.php/ejsice/article/view/5988https://doaj.org/toc/2704-9906 The carbon transition and digitalization transformation are tied to a set of critical raw materials (CRM). Energy accumulators, renewable energy modules, and electronic devices all contain a certain amount of these. The versatility and utility of such elements come together with the limited number of countries where their extraction and refining take place. As the demand for these materials is growing globally, main concerns arise regarding the security of the production chain. Several works highlighted the risks associated with these materials without presenting clear interaction between such factors. This article presents a study over the three aspects showed: market concentration, institutional quality, and circularity. The approach will contain the presentation of the main characteristics of recyclability and the institutional status of exporters. A synthetic index is derived and plotted against the potential of recycling per material. In such a manner, we can group minerals according to sourcing vulnerability: one is coming from material recovery and the other via imports. An indicator calculated with a Cartesian distance method provides the synthesis of security versus safety. According to our findings, Electrical Vehicles carry the highest vulnerability for their main components in circularity and human rights violations. Ending remarks highlighted the limitations of our research, where possible interest for future research may lay. Matteo MazzaranoUniversity of TurinarticleCritical raw materialsResponsible sourcingMarket concentrationConflict mineralsCircularitySociology (General)HM401-1281Economic theory. DemographyHB1-3840ENEuropean Journal of Social Impact and Circular Economy, Vol 2, Iss 3 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Critical raw materials Responsible sourcing Market concentration Conflict minerals Circularity Sociology (General) HM401-1281 Economic theory. Demography HB1-3840
spellingShingle	Critical raw materials Responsible sourcing Market concentration Conflict minerals Circularity Sociology (General) HM401-1281 Economic theory. Demography HB1-3840 Matteo Mazzarano Criticality assessment of green materials: institutional quality, market concentration and recycling potential
description	The carbon transition and digitalization transformation are tied to a set of critical raw materials (CRM). Energy accumulators, renewable energy modules, and electronic devices all contain a certain amount of these. The versatility and utility of such elements come together with the limited number of countries where their extraction and refining take place. As the demand for these materials is growing globally, main concerns arise regarding the security of the production chain. Several works highlighted the risks associated with these materials without presenting clear interaction between such factors. This article presents a study over the three aspects showed: market concentration, institutional quality, and circularity. The approach will contain the presentation of the main characteristics of recyclability and the institutional status of exporters. A synthetic index is derived and plotted against the potential of recycling per material. In such a manner, we can group minerals according to sourcing vulnerability: one is coming from material recovery and the other via imports. An indicator calculated with a Cartesian distance method provides the synthesis of security versus safety. According to our findings, Electrical Vehicles carry the highest vulnerability for their main components in circularity and human rights violations. Ending remarks highlighted the limitations of our research, where possible interest for future research may lay.
format	article
author	Matteo Mazzarano
author_facet	Matteo Mazzarano
author_sort	Matteo Mazzarano
title	Criticality assessment of green materials: institutional quality, market concentration and recycling potential
title_short	Criticality assessment of green materials: institutional quality, market concentration and recycling potential
title_full	Criticality assessment of green materials: institutional quality, market concentration and recycling potential
title_fullStr	Criticality assessment of green materials: institutional quality, market concentration and recycling potential
title_full_unstemmed	Criticality assessment of green materials: institutional quality, market concentration and recycling potential
title_sort	criticality assessment of green materials: institutional quality, market concentration and recycling potential
publisher	University of Turin
publishDate	2021
url	https://doaj.org/article/35b2e131f2ac44889852c2e9d1ba55f0
work_keys_str_mv	AT matteomazzarano criticalityassessmentofgreenmaterialsinstitutionalqualitymarketconcentrationandrecyclingpotential
_version_	1718431098956939264

Criticality assessment of green materials: institutional quality, market concentration and recycling potential

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