• Title/Summary/Keyword: Environmental Management Accounting

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A Study on the Quantitative Evaluation Method of Small-Scale Environmental Impact Assessment

  • Dong-Myung CHO;Ju-Yeon LEE;Woo-Taeg KWON
    • Journal of Wellbeing Management and Applied Psychology
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    • v.6 no.2
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    • pp.39-46
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    • 2023
  • Purpose: The small-scale environmental impact assessment system in Korea was introduced and implemented in August 2000, but it has a problem that it cannot guarantee implementation due to the large proportion of qualitative reduction measures for each evaluation item. Therefore, when preparing a small-scale environmental impact assessment, research was conducted on how to improve the existing simple listing-type reduction measures and qualitative evaluation standards to quantitative reduction measures and evaluation standards reflecting regional characteristics. Research design, data and methodology: The small-scale environmental impact assessment system in Korea was introduced and implemented in August 2000, but it has a problem that it cannot guarantee implementation due to the large proportion of qualitative reduction measures for each evaluation item. Therefore, when preparing a small-scale environmental impact assessment, research was conducted on how to improve the existing simple listing-type reduction measures and qualitative evaluation standards to quantitative reduction measures and evaluation standards reflecting regional characteristics. Results: As a result of the analysis of qualitative and quantitative factors, the arithmetic sum of the qualitative factors of the total six projects is 160, accounting for 80% of the total number of reduction measures, and the quantitative factors are 40, accounting for 20%. Among them, the number of qualitative reduction measures reached 97.4% for animal and plant items, and more than 90% for air quality, noise and vibration, and eco-friendly resource circulation items. Conclusions: Therefore, it is necessary to avoid establishing qualitative reduction measures and set quantitative measures as the basis, but to specify the specifications, size, and installation location related to the reduction measures, and to calculate the numerical reduction efficiency.

Sterols of sewage indicators in marine sediments of Jinhae Bay, Korea

  • Choi, Hee-Gu;Kim, Sang-Gyoon;Kim, Sang-Soo;Moon, Hyo-Bang;Lee, Pil-Yong;Park, Chung-Kil
    • Journal of the korean society of oceanography
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    • v.37 no.2
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    • pp.51-57
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    • 2002
  • The ${\Delta}^5$ sterols were measured in be sediments of Jinhae Bay surrounded by industrial cities to assess the sewage-derived contamination. The total concentrations of total sterols ranged from 2.03 to 19.56 ${\mu}g/g$ dry wt. The principal sterol was cholesterol with a contribution of more than 50% to total sterols. Coprostanol, providing an indication of long-term sewage loads, was found in all sediment samples and the concentrations were 0.03-3.86 ${\mu}g/g$ dry wt, accounting for 1-26% to total sterols. The cluster analysis of sampling stations indicated that the sewage-derived contamination was localized in inner Masan Bay.

Environmental and Socioeconomic Indicators of Virtual Water Trade: A Review

  • Odey, Golden;Adelodun, Bashir;Kim, Sang Hyun;Choi, Kyung Sook
    • Proceedings of the Korea Water Resources Association Conference
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    • 2020.06a
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    • pp.211-211
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    • 2020
  • The concept of virtual water has been largely applied in the study of regional, national, and global water flows with particular emphasis on water scarcity. Despite water traditionally being managed locally, certain global forces influence the local water resource scarcity/availability and hence virtual water exchanges worldwide. It is therefore of necessity that the significant forces be examined to understand the relationship between available water in a region and the variability and trends in environmental, social, and economic factors that are of utmost importance in the formulation of water resources management policies. This study therefore reviewed recent literature from 2003 - 2019 to determine the significant indicators of virtual water trade at different spatiotemporal levels. The study examined and compared the major approaches to virtual water trade flows accounting, and also identified and discussed policy implications and future research options concerning the analysis of virtual water trade. Available information has shown that virtual water trade is significantly influenced by economic (GDP, Demand-Supply of goods and services), geographical (Distance), institutional (population) and environmental (water availability, arable land, precipitation) factors. Reports further show that the selection of a given approach for virtual water trade flows accounting will depend on the scope of the study, the available datasets, and other research preferences. Accordingly, this study suggests that the adoption of multidisciplinary approaches to virtual water trade, taking into consideration the spatial and temporal variations in water resources availability and the complexity of environmental and socioeconomic factors will be pivotal for establishing the basis for the conservation of water resources worldwide.

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Research Trends and Future Direction for Sustainable Agricultural and Forest Management (지속가능한 영농·영림을 위한 국내외 연구동향 및 향방)

  • Kim, Hakyoung;Choi, Sung-Won;Kim, Joon
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.17 no.3
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    • pp.236-247
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    • 2015
  • Domestic agricultural and forest management suffers disturbances arising from rapid economic, social and environmental changes including climate change. Sustainable management has emerged as a key to overcoming these challenges. From the domestic and international viewpoint, we have identified mainly three (i.e. indicator, accounting, and ecological) approaches to sustainable management of agricultural and forest ecosystems. Compared to persistent investment in indicator and accounting approaches, we find the paucity of the domestic efforts in ecological approach. The latter approach can be facilitated based on the long-term meteorological and flux data including the ecosystem-level energy, matter and information flows, which have been monitored and managed by Korea Meteorological Administration, Rural Development Administration and Korea Forest Service. In order to keep up with vigorous international efforts toward sustainable ecosystem management, more interdisciplinary, multidisciplinary and transdisciplinary collaborations among diverse domestic sectors and institutes are essential.

Environmental Performance and Earnings Persistence: Empirical Evidence from Indonesia

  • PUTRA, Ferdy
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1073-1081
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    • 2021
  • When firms have higher environmental performance, they can provide sustainable business that allows firms to build the value of credibility and ethics, higher reputation, higher productivity, and lower costs. The advantages of environmental responsibilities help firms to maintain their earnings level over a long-term period. This research aims to examine the effect of environmental performance on earnings persistence. Research samples include 413 manufacturing firms-years listed in the Indonesian Stock Exchange and the PROPER evaluation in 2013-2019. Environmental performance is measured by PROPER evaluation rating. The result shows that environmental performance has a positive effect on earnings persistence. The advantage of environmental responsibilities allows firms to enjoy performance sustainability and persistence in a long-term period, not only periodically. Also, the positive effect of environmental performance on earnings persistence occurs more in the environmentally sensitive industry than non-sensitive ones. Since an environmentally-sensitive industry brings more environmental damage, higher environmental performance is more valuable to provide sustainability. This research has limitations to use all the Indonesian Stock Exchange-listed firms since not all firms participate in the PROPER evaluation. This research implies firms' management should maintain earnings persistence and sustainability by implementing higher-quality environmental responsibility, especially for firms in an environmentally-sensitive industry.

A Study on Earnings Management in Companies Achieving Sustainability: Accruals-based and Real Earnings Management

  • JI, Sang-Hyun;OH, Han-Mo;YOON, Ki-Chang;AN, Sang-Bong
    • Journal of Distribution Science
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    • v.17 no.9
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    • pp.103-115
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    • 2019
  • Purpose - We attempted to verify the level of ethics of firms achieving sustainable management from the aspect of reliability of accounting information. Specifically, we evaluated the effects of sustainable management on accruals-based earning management (AEM) and real earning management (REM). Research design, data, and methodology - We employed the issuance of sustainability reports in addition to the indices of social responsibility and environmental-management evaluation of the Korea Corporate Governance Service in order to measure sustainability management. AEM was measured using discretionary accruals and calculated using the operant Jones model. Specifically, REM was measured using the methodology suggested by prior studies. The sample of our study consisted of 1,418 years of public listed firms in the Korea Stock Exchange from 2015 to 2017. Results - First, the level of AEM in firms achieving sustainable management was lower than the other. Second, the level of REM in these firms was lower than the other. Nonetheless, another analysis showed that the level of governance control affects the level of earning management and that the levels of AEM and REM were generally lower in firms achieving sustainable management than the others. Conclusions - We expected that firms achieving external ethics tend to have a higher level of internal ethics than others.

An Agent-Based Framework for Investigating Safety-Productivity Tradeoff of Construction Laborers Considering Risk-taking Behavioral Heterogeneity

  • Khodabandelu, Ali;Park, JeeWoong;Kheyrandish, Seyedmohsen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1114-1121
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    • 2022
  • Construction laborers and crews play a critical role in achieving a safe and productive construction site. Many past research studies used top-down approaches/perspectives for studying the impact of laborers' performance on overall construction site outputs with limited flexibility in accounting for laborers' various characteristics. However, the recent reap in computational advances allowed applications of bottom-up architectures, which can potentially incorporate heterogeneous characteristics of laborers' individual behavioral and decision-making features effectively. Accordingly, agent-based modeling (ABM), as a tool to leverage a bottom-up methodological approach, has been widely adopted by recent research. Existing literature investigated the influence of changes in laborers' behaviors and interactions on either construction sites' safety performance or productivity performance individually, leaving the tradeoff between safety and productivity in this context relatively unexplored. Accordingly, this study aims to develop an agent-based framework to study the tradeoff between project safety and productivity performances resulting from changes in laborers' behaviors after attending safety trainings. Our findings via simulations indicate that proper safety trainings can improve safety performance without negatively impacting productivity performance.

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Integrated Analysis of Major Surveys on Biota in Gyeonggi Province and its Implications (경기도 내 분포·서식 생물종에 대한 주요 조사의 통합적 분석 및 함의)

  • Park, Eun-Jin;Lee, Eng Kyoung;Hyun, Jin-Oh;Park, Miseon
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.17 no.2
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    • pp.93-108
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    • 2014
  • The inventory list of wildlife species inhabiting or distributing in Gyeonggi Province was made by compiling species data from precedent surveys, 10 national level nature surveys, 1 survey that Gyeonggi-do conducted, and 46 local surveys presented in scientific journals. Total 2,913 wildlife species including 2,041 vascular plants, 39 mammals, 304 birds, 34 herptiles, 145 fish, and 350 benthic macro-invertebrates were listed in the inventory. It explains 47% of nationwide total species in vascular plants, 31.5% in mammals, 58.2% in birds, 65.4% in herptiles, 12.2% in fish. The total number of important species including endangered species, national monuments, national red lists, etc. was 628 species, accounting for 21.6% of all listed species in Gyeonggi Province. More than 90% of endangered bird species, almost half of endangered fish and herptile species were found in Gyeonggi Province. In particular, abundant bird diversity and inhabitation of many endangered bird species were identified in Gyeonggi Province. Species diversity was greater in the northern area adjacent to the Demilitarized Zone and the eastern forest area. The distribution of the important species such as national endangered species was more distinct in these areas, especially in Gapyeong and Yeoncheon Counties. The inventory list compiled in this study implicates the level of management for biological resources and can provide information for policy decisions regarding new survey sites, protection management of specific species and areas, management practices by spatial characteristics. It should be more compiled and updated with survey data to be utilized as basic indices for local biodiversity strategies and management of biological resources.

Does Big Data Analytics Enhance Sustainability and Financial Performance? The Case of ASEAN Banks

  • ALI, Qaisar;SALMAN, Asma;YAACOB, Hakimah;ZAINI, Zaki;ABDULLAH, Rose
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.1-13
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    • 2020
  • This study analyzes the key drivers (commitment, integration of big data, green supply chain management, and green human resource practices) of sustainable capabilities and the influence to which these sustainable capabilities impact the banks' environmental and financial performance. Additionally, this study analyzes the impact of green management practices on the integration of big data technology with operations. The theory of dynamic capability was deployed to propose and empirically test the conceptual model. Data was collected through a self-administrated survey questionnaire from 319 participants employed at 35 banks located in six ASEAN countries. The findings indicate that big data analytics strategies have an impact on internal processes and banks' sustainable and financial performance. This study indicates that banks committed towards proper data monitoring of its clients achieve operational efficiency and sustainability goals. Moreover, our results confirm that banks practising green innovation strategies experience better environmental and economic performance as the employees of these banks have received advance green human resource training. Finally, our study found that internal and external green supply chain management practices have a positive impact on banks' environmental and financial performance, which confirms that ASEAN banks contributing in reduction of environmental impact through its operations will ultimately experience increased financial performance.

Development of a multi criteria decision analysis framework for the assessment of integrated waste management options for irradiated graphite

  • Abrahamsen-Mills, Liam;Wareing, Alan;Fowler, Linda;Jarvis, Richard;Norris, Simon;Banford, Anthony
    • Nuclear Engineering and Technology
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    • v.53 no.4
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    • pp.1224-1235
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    • 2021
  • An integrated waste management approach for irradiated graphite was developed during the European Commission project 'Treatment and Disposal of Irradiated Graphite and other Carbonaceous Waste'. This included the identification of potential options for the management of irradiated graphite, taking account of storage, retrieval, treatment and disposal methods. This paper describes how these options can be assessed using multi-criteria decision analysis (MCDA) for a case study relating to a generic power reactor. Criteria have been defined to account for safety, environmental, economic and socio-political factors, including radiological impact, resource usage, economic costs and risks. The impact of each option against each criterion has been assessed using data from the project and the wider literature. A linear additive approach has been used to convert the calculated impacts to scores. To account for the relative importance of the criteria, example weightings were allocated. This application has shown that MCDA approaches can be used to support complex decisions regarding irradiated graphite management, accounting for a wide range of criteria. Use of this approach by individual countries or organisations will need to account for the specific options, scores, weightings and constraints that apply, based on their national strategies, regulatory requirements and public acceptability.