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This chapter addresses material leakage as a major problem of international open markets for used goods, in particular for used vehicles. It develops elements of an international metal covenant that should allow for a more sustainable management of global material flows in that area. The arguments in favour of such a proposal are as follows: Any regulation should actively seek for industry participation, taking advantage of business interest in supplying a sufficient amount of materials while lowering materials cost. It should also address public issues such as sustainability of recycling and waste. A first section analyses contracts as a tool to overcome knowledge problems that occur when many actors are involved. A second short section gives empirical evidence for material leakage in the case of used vehicles from Germany. A third section develops elements of an international metal covenant. A fourth section analyses potential impacts and discusses legal and institutional issues. Finally, some conclusions are drawn.
Bridging the data gap
(2004)
Conflict minerals
(2012)
This book considers corporate governance of sustainability from a co-evolutionary perspective. It explores the linkages between pro-active approaches at the corporate level, market-based incentives and environmental networks involving various actors. Relevant theory on corporate governance, competition, market failures and regulatory tools is also examined. The authors go on to present an assessment methodology suitable for empirical network analysis at the meso-level, and demonstrate its application using eight case studies. Based on these research results, Raimund Bleischwitz and his team draw important conclusions regarding policy analysis, sustainability assessment and the actors involved.