Page 295 - Biofuels for a More Sustainable Future
P. 295

Social life cycle assessment of biofuel production  261


              the field of science social). The disciplinary and scientific heritage of SLCA
              has been discussed and tracked in sociology and administration science.
                 According to Zhou et al. (2018), life cycle assessment is usually adopted
              to assess the environmental burden associated with energy wastage initia-
              tives. From a life cycle perspective, it is possible to attribute the SLCA to
              the disciplinary field of management sciences, since it can help organizations
              make decisions about how to organize their processes according to the social
              impacts of their products or services. This is confirmed in many SLCA stud-
              ies, emphasizing the role of supporting management practices for sustainabil-
              ity at different levels: operational decisions, strategic decisions, and
              communication purposes.
                 Stakeholder theory proposes a rewriting of the traditional corporate pur-
              pose of providing dividends to shareholders and postulates that companies
              should address all stakeholder interests, such as “individuals and voters
              who voluntarily or involuntarily contribute to the capacity and wealth cre-
              ation activities and thus are potential beneficiaries and/or risk-takers.”
              Despite extensive research, stakeholders show a weakness in terms of apply-
              ing an integrated vision for the analysis of environmental and social issues.
              Practical examples of the use of stakeholder theory to propose holistic solu-
              tions related to poverty and environmental deterioration are scarce. An
              interpretation of stakeholder theory is that any company will have a series
              of explicit or implicit claims from its many stakeholders. Emphasizing the
              importance of long-term success, stakeholder theory suggests that firms cul-
              tivate relationships with their stakeholders and integrate those relationships
              into a comprehensive management strategy. However, there are limits on
              the financial resources available to companies to meet the implicit claims
              of stakeholders (De-Burgos-Jim enez et al., 2011).
                 Stakeholder theory is a body of research that has emerged in the last
              20 years through scholars in management, business and society, and business
              ethics in which stakeholder thinking plays a crucial role. Two basic assump-
              tions are discussed by stakeholder theorists:
              i. For good performance, managers need to pay attention to a wide variety
                 of stakeholders.
              ii. Managers are obligated to stakeholders, which include but go beyond
                 shareholders.
              The assessment of social impacts is very complicated and easily overlaps with
              environmental impacts (impacts on human health, for example) and eco-
              nomic impacts (job creation and income from work). Stakeholders in the
              SLCA can be workers /employees, local communities (national and
   290   291   292   293   294   295   296   297   298   299   300