Corporate environmental management and regulation of mining operations in the Cyclades, Greece

The mining industry plays an important role in the local economy in many islands of the Cyclades, contributing significantly to overall growth. However, it has simultaneously caused many environmental problems and has had adverse impacts upon other important economic activities, such as tourism. As a result, questions have been raised as to whether mining should be allowed to continue. This paper assesses the mining operations of the Cyclades, examining the corporate environmental management of mining companies and the process of granting permission for mining operations. Specifically, the regulatory and environmental problems of mining operations are assessed, and the process of obtaining a ‘social licence to operate’ is explored. A number of recommendations are made in order to overcome regulatory inefficiencies and promote corporate environmental management in the mining sector of the Cyclades.