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Smart Mixes for Sustainable Value Chain Management: An Evaluation of the Conflict Minerals, Palm Oil, and Green Bonds Sectors

Weiner, Mareike; Home, Robert and Schader, Christian (2023) Smart Mixes for Sustainable Value Chain Management: An Evaluation of the Conflict Minerals, Palm Oil, and Green Bonds Sectors. SAGE open, 13 (4), pp. 1-17.

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Document available online at: https://journals.sagepub.com/doi/full/10.1177/21582440231220449


Summary

Fragmented governance of international value chains, operating in multiple jurisdictions, is insufficient to prevent social and environmental mismanagement. Smart Mixes, which are combinations of compulsory and voluntary measures, have been proposed as a possible means of securing environmental and social standards, but the concept has not been operationalized in the academic literature. We aim to identify the factors that have contributed to, or hindered, the performance of existing Smart Mixes in three international value chains (conflict minerals, palm oil, and bonds) using data from interviews with 32 experts, supplemented by a literature review. The results suggest that Smart Mixes are effective when they cover a specific issue under conditions in which enforcement mechanisms create a level playing field: thereby aligning public and private sector interests. The keys to success in a Smart Mix include positive interactions, harmonization, and complementary and supportive measures, which combine to motivate engagement by the private sector. We conclude that Smart Mixes can contribute to sustainability in value chains but their effectiveness is dependent on the strength of the relationships between the measures that compose them.


EPrint Type:Journal paper
Keywords:value chains, smart mixes, sutainability, palm oil, Abacus, FiBL35153, FiBL35152
Agrovoc keywords:
Language
Value
URI
English
value chains
http://aims.fao.org/aos/agrovoc/c_2cbe5456
English
sustainability
http://aims.fao.org/aos/agrovoc/c_33560
English
palm oils
http://aims.fao.org/aos/agrovoc/c_5514
Subjects: Food systems > Policy environments and social economy
Food systems > Produce chain management
Research affiliation: Switzerland > FiBL - Research Institute of Organic Agriculture Switzerland > Society > Regional added value
Switzerland > FiBL - Research Institute of Organic Agriculture Switzerland > Sustainability > Sustainability assessment
DOI:10.1177/21582440231220449
Related Links:https://www.fibl.org/en/themes/projectdatabase/projectitem/project/1342, https://www.fibl.org/en/themes/projectdatabase/projectitem/project/1478
Deposited By: Forschungsinstitut für biologischen Landbau, FiBL
ID Code:52499
Deposited On:22 Feb 2024 12:06
Last Modified:27 Feb 2024 07:18
Document Language:English
Status:Published
Refereed:Peer-reviewed and accepted

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