The use of 4IR technology in accelerating net zero transition in the South African mining industry

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2024

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University of the Witwatersrand, Johannesburg

Abstract

This quantitative study aimed to assess the impact of fourth industrial revolution (4IR) technology adoption on the ability of South African mining companies to accelerate their transition to net zero, focusing specifically on the reduction of greenhouse gas (GHG) emissions. There has been an urgent need to research the nature of association, and if so, the impact of such association between rate of adoption of 4IR technology's ability to accelerate net zero transition, given the new challenges in the South African mining sector in the wake of the phase 2 carbon tax regime. Through a comprehensive survey, desktop analysis and subsequent statistical analysis involving multiple mining entities across South Africa, this study investigated the direct and indirect relationships between 4IR technology maturity and the efficacy of GHG emission reduction strategies, thereby accelerating net zero transition. The study revealed a complex relationship between 4IR maturity and GHG emissions, moderated by organisations' access to financial and skill resources. Contrary to expectations, no significant direct indirect linear relationship was found between aspects of 4IR maturity and GHG emissions. The research suggests a moderate, statistically insignificant negative association, which becomes more pronounced and statistically significant when considering organisations' financial status and employee size. The study was conducted using a cross-sectional method using a non- experimental approach and focused on establishing the corelation between two key variables namely, 4IR maturity and acceleration of net zero transition through GHG reduction. The causality of these two variables was not investigated. The study was undertaken by choosing a sample which was representative of the JSE listed mining companies. Hence extended population of global mining organisation needs to consider specific regional considerations before generalising the findings. iii By emphasising the crucial relationship between technological innovation and climate change mitigation, these findings not only advance our understanding of technology's role in environmental sustainability within the mining sector, but also provide useful information to industry stakeholders, policymakers, and sustainability strategists. This work offers a fundamental structure for subsequent investigations and tactical planning with the objective of harnessing 4IR developments to promote a more ecologically conscious and sustainable mining sector in South Africa

Description

A research report submitted in partial fulfillment of the requirements for the degree of Master of Management in the field of Digital Business to the Faculty of Commerce, Law, and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2024

Keywords

4th Industrial Revolution (4IR) Technologies, Net Zero, Net Zero Transition, Quantitively, 2050 Net Zero Goal, Mining, South Africa, UCTD

Citation

Belur, Ramaprasad Deepak. (2024). The use of 4IR technology in accelerating net zero transition in the South African mining industry [Master’s dissertation, University of the Witwatersrand, Johannesburg].WireDSpace.https://hdl.handle.net/10539/43901

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