• Title/Summary/Keyword: Environmental Sustainability Performance

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The Evolution of Seismic Engineering and Design of Ultra Tall Buildings in China Innovations and Sustainability

  • Wang, Aaron J.
    • International Journal of High-Rise Buildings
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    • v.5 no.3
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    • pp.221-232
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    • 2016
  • With the booming of construction and property industries in China, the demand for high-rises and mega-scale buildings with more integrated building functions, open- and tailor-shaped outlooks, better connections to municipal infrastructures, and higher grades of building importance has been increasing in the past two decades. The seismic design and engineering of such modern mega-buildings face engineering challenges such as hazard mitigation of extreme actions and surroundings, integrated structural frameworks and building skins, complex connections, and overall construction efficiency. It is the work of a new generation of civil and structural engineers to enhance engineering efficiency and achieve overall engineering, environmental, and economical effectiveness for these high-rise projects. This paper elaborates the above topics through case studies on the design and construction of four such developments in China. Some rethinking is conducted on evolution in modern seismic engineering and design through innovation to achieve an acceptable level of overall sustainability and building effectiveness.

The Impact of Firms' Environmental, Social, and Governancial Factors for Sustainability on Their Stock Returns and Values (지속가능경영을 위한 기업의 환경적, 사회적, 지배구조적 요인이 주가수익률 및 기업 가치에 미치는 영향)

  • Min, Jae H.;Kim, Bumseok;Ha, Seungyin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.4
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    • pp.33-49
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    • 2014
  • This study empirically examines the impact of firms' environmental (E), social (S), and governancial (G) factors on their short-term and long-term values. To measure firms' non-financial performance, we use ESG performance grades published by KCGS (Korea Corporate Governance Service). We employ stock log return as the proxy of each firm's short-term value, and Tobin's Q ratio as that of its long-term value. From a series of regression analyses, we find each of the ESG factors generally has a negative impact on stock return while it has a positive impact on the Tobin's Q ratio. These results imply that firms' effort for enhancing their non-financial performance may adversely affect their financial performance in a short term; but in the long-term point of view, firms' values increase through their good images engraved by their respective social, environmental and governancial efforts. In addition, we compare the relative strength of impact among E, S, G, the three non-financial factors on the firms' value measured in Tobin's Q ratio, and find that S (social factor) and G (governancial factor) give statistically significant impact on the firms' value respectively. This result tells us it would be advised to strategically embed CSV (creating shared value) pursuing both of profits and social responsibility in the firms' future agenda. While E (environmental factor) is shown to be an insignificant factor for the firms' value, it should be emphasized as a major concern by all the stakeholders in order to form a sound business ecosystem.

Assessment Items of Outdoor Environment through Analysis of SITES - Focused on the Comparison with G-SEED and LEED -

  • Lee, Hyung-Sook
    • KIEAE Journal
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    • v.14 no.4
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    • pp.11-18
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    • 2014
  • Although assessing outdoor environment and green space in terms of sustainability and environmental performance is perceived as an important issue, most existing green building certification systems are more focused on buildings and indoor environment. Recently, the Sustainable Site Initiatives (SITES) has been developed by American Society of Landscape Architecture in order to evaluate sustainability of site development and outdoor environment. Separate from LEED, the SITES are increasingly receiving attentions as a reliable certification system in the United States. As a preliminary study to develop the items of outdoor environmental assessment, the present study is purposed to analyze the assessment items, grading system and applicability of SITES for better understanding on the system. Also it was compared to existing green building certification criteria, including G-SEED, LEED-NC, and LEED-ND in order to investigate similarities and discrepancies. The results would provide insights and basic data to improve assessment items for outdoor environment of G-SEED.

Distribution of supply chain capabilities and firm's sustainable development

  • TO, Tha Hien;THAN, Thuy Trong;NGUYEN, Duyen Thi Kim;NGUYEN, Dat Ngoc
    • Journal of Distribution Science
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    • v.19 no.5
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    • pp.5-12
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    • 2021
  • Purpose: Research on supply chain sustainability is important for exporters When the factor of sustainable development is considered by the businesses as well as governments of all countries. Research on supply chain sustainability is important for exporters. Sustainable supply chain management and supply chain dynamics will help enterprises adapt to changes in the business environment. This study analyzes the impact of sustainable supply chain management, and supply chain dynamic capabilities on the sustainable development of exporting enterprises in Vietnam. Research design, data, and methodology: The research model and survey are designed based on previous studies after surveying export enterprises. With 185 samples collected from export enterprises. The Structural Equation Modeling (SEM) analysis technique is used. Data analysis is performed on SPSS and AMOS software (Reliability test, Confirmatory Factor Analysis, SEM). Results: Sustainable supply chain management and supply chain dynamic capabilities all have positive effects on the sustainable development of businesses (sustainable development is measured by distribution: measuring economic efficiency, social efficiency, and environmental performance). Conclusions: From the results of this study, the authors also made several recommendations to help export enterprises develop sustainability based on sustainable supply chain management and supply chain dynamic capabilities.

Indicators for Environmental Performance Assessment of Construction Activities (시공단계 환경성능 평가를 위한 평가지표 및 중요도 도출)

  • Lee, Sang-gyu;Kang, Gou-ne;Lee, Myung-do;Cho, Hun-hee;Kang, Kyung-In
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.145-146
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    • 2012
  • With the increasing public concerns on sustainability in construction industry, a variety of standards for green buildings have been developed and implemented. However, most of their criteria are not adaptable to evaluate environmental performances of construction activities. Besides, the great part of existing studies are focusing only on energy consumption and CO2 emissions, overlooking the impact of pollution sources which occur intentionally in the construction phase. In this study, indicators and their importances are investigated to assess the overall environmental performance of construction activities.

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CEP-CFP Relationship and Its Moderators : A Meta-analysis (환경성과와 재무성과 간의 관련성과 조절요인에 관한 메타분석)

  • Yook, Keun-Hyo
    • Journal of Environmental Policy
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    • v.13 no.1
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    • pp.25-47
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    • 2014
  • We examined the heterogeneity in the financial -environmental performance nexus, carrying out a meta-analysis of 48 outcomes from 26 empirical studies. Multiple correspondence analysis (MCA) was performed in this study to facilitate the analysis of the structural relationship among an array of study characteristics. As expected, the results of analyzing the multiple studies of the general corporate environmental performance and financial performance link suggested a significant positive relationship. Some of the results of the moderator analysis suggest that empirical studies using self-reporting measurement and structural equation method benefited from environmental performance as much as or more than the archival and regression method.

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Seeking a Better Place: Sustainability in the CPG Industry (추심경호적지방(追寻更好的地方): 유포장적소비품적산업적가지속발전(有包装的消费品的产业的可持续发展))

  • Rapert, Molly Inhofe;Newman, Christopher;Park, Seong-Yeon;Lee, Eun-Mi
    • Journal of Global Scholars of Marketing Science
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    • v.20 no.2
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    • pp.199-207
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    • 2010
  • For us, there is virtually no distinction between being a responsible citizen and a successful business... they are one and the same for Wal-Mart today." ~ Lee Scott, al-Mart CEO after the 2005 Katrina disaster; cited in Green to Gold (Esty and Winston 2006). Lee Scott's statement signaled a new era in sustainability as manufacturers and retailers around the globe watched the world's largest mass merchandiser confirm its intentions with respect to sustainability. For decades, the environmental movement has grown, slowly bleeding over into the corporate world. Companies have been born, products have been created, academic journals have been launched, and government initiatives have been undertaken - all in the pursuit of sustainability (Peattie and Crane 2005). While progress has been admittedly slower than some may desire, the emergence and entrance of environmentally concerned mass merchandisers has done much to help with sustainable efforts. To better understand this movement, we incorporate the perspectives of both executives and consumers involved in the consumer packaged goods (CPG) industry. This research relies on three underlying themes: (1) Conceptual and anecdotal evidence suggests that companies undertake sustainability initiatives for a plethora of reasons, (2) The number of sustainability initiatives continues to increase in the consumer packaged goods industries, and (3) That it is, therefore, necessary to explore the role that sustainability plays in the minds of consumers. In light of these themes, surveys were administered to and completed by 143 college students and 101 business executives to assess a number of variables in regards to sustainability including willingness-to-pay, behavioral intentions, attitudes, willingness-to-pay, and preferences. Survey results indicate that the top three reasons why executives believe sustainability to be important include (1) the opportunity for profitability, (2) the fulfillment of an obligation to the environment, and (3) a responsibility to customers and shareholders. College students identified the top three reasons as (1) a responsibility to the environment, (2) an indebtedness to future generations, and (3) an effective management of resources. While the rationale for supporting sustainability efforts differed between college students and executives, the executives and consumers reported similar responses for the majority of the remaining sustainability issues. Furthermore, when we asked consumers to assess the importance of six key issues (healthcare, economy, education, crime, government spending, and environment) previously identified as important to consumers by Gallup Poll, protecting the environment only ranked fourth out of the six (Carlson 2005). While all six of these issues were identified as important, the top three that emerged as most important were (1) improvements in education, (2) the economy, and (3) health care. As the pursuit and incorporation of sustainability continues to evolve, so too will the expected outcomes. New definitions of performance that reflect the social/business benefits as well as the lengthened implementation period are relevant and warranted (Ehrenfeld 2005; Hitchcock and Willard 2006). We identified three primary categories of outcomes based on a literature review of both anecdotal and conceptual expectations of sustainability: (1) improvements in constituent satisfaction, (2) differentiation opportunities, and (3) financial rewards. Within each of these categories, several specific outcomes were identified resulting in eleven different outcomes arising from sustainability initiatives. Our survey results indicate that the top five most likely outcomes for companies that pursue sustainability are: (1) green consumers will be more satisfied, (2) company image will be better, (3) corporate responsibility will be enhanced, (4) energy costs will be reduced, and (5) products will be more innovative. Additionally, to better understand the interesting intersection between the environmental "identity" of a consumer and the willingness to manifest that identity with marketplace purchases, we extended prior research developed by Experian Research (2008). Accordingly, respondents were categorized as one of four types of green consumers (Behavioral Greens, Think Greens, Potential Greens, or True Browns) to garner a better understanding of the green consumer in addition to assisting with a more effective interpretation of results. We assessed these consumers' willingness to engage in eco-friendly behavior by evaluating three options: (1) shopping at retailers that support environmental initiatives, (2) paying more for products that protect the environment, and (3) paying higher taxes so the government can support environmental initiatives. Think Greens expressed the greatest willingness to change, followed by Behavioral Greens, Potential Greens, and True Browns. These differences were all significant at p<.01. Further Conclusions and Implications We have undertaken a descriptive study which seeks to enhance our understanding of the strategic domain of sustainability. Specifically, this research fills a gap in the literature by comparing and contrasting the sustainability views of business executives and consumers with specific regard to preferences, intentions, willingness-to-pay, behavior, and attitudes. For practitioners, much can be gained from a strategic standpoint. In addition to the many results already reported, respondents also reported than willing to pay more for products that protect the environment. Other specific results indicate that female respondents consistently communicate a stronger willingness than males to pay more for these products and to shop at eco-friendly retailers. Knowing this additional information, practitioners can now have a more specific market in which to target and communicate their sustainability efforts. While this research is only an initial step towards understanding similarities and differences among practitioners and consumers regarding sustainability, it presents original findings that contribute to both practice and research. Future research should be directed toward examining other variables affecting this relationship, as well as other specific industries.

High-Rise Urban Form and Environmental Performance - An Overview on Integrated Approaches to Urban Design for a Sustainable High-Rise Urban Future

  • Yang, Feng
    • International Journal of High-Rise Buildings
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    • v.5 no.2
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    • pp.87-94
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    • 2016
  • High-rise as a building typology is gaining popularity in Asian mega-cities, due to its advantages in increasing volumetric density with limited land resources. Numerous factors contribute to the formation of high-rise urban form, from economical and institutional, environmental to socio-political. Environmental concerns over the impact of rapid urbanization in developing economies demand new thought on the link between urban environment and urban form. Outdoor and indoor climate, pedestrian comfort, and building energy consumption are all related to and impacted by urban form and building morphology. There are many studies and practices on designing individual "green" high-rise buildings, but far fewer studies on designing high-rise building clusters from the perspective of environmental performance optimization.. This paper focuses on the environmental perspective, and its correlation with the evolution of the high-rise urban form. Previous studies on urban morphology in terms of environmental and energy performance are reviewed. Studies on "parameterizing" urban morphology to estimate its environmental performance are reviewed, and the possible urban design implications of the study are demonstrated in by the author, by way of a microclimate map of the iconic Shanghai Xiao Lujiazui CBD. The study formulates the best-practice design guidelines for creating walkable and comfortable outdoor space in a high-rise urban setting, including proper sizing of street blocks and building footprint, provision of shading, and facilitating urban ventilation.

Motivational Factors of Implementing Corporate Social and Environmental Reporting and Its Impact on Performance

  • INDRASARI, Arum;NUGRAHENI, Peni;HAMZAH, Noradiva;MAELAH, Ruhanita
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.883-892
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    • 2021
  • The issue of environmental crisis encourages companies to develop strategies and programs which incorporate social and environmental considerations into their processes. The objectives of this study are to identify the strategies used in implementing corporate social and environmental reporting (CSER) and to investigate the impact of these strategies on organization performance. This study uses as its sample companies listed on the Indonesia Stock Exchange (IDX) and engaged in environmentally sensitive business activities and applies content analysis to their annual reports. The data used in the study is secondary data in the form of annual and sustainability reports of companies, and primary data in the form of interviews. The results show that companies use both reactive and proactive strategies in reporting their social and environmental activities. The study also identifies the impacts of such reporting on both the financial and non-financial performances of the investigated companies. The study contributes to the social and environmental accounting literature by exploring the motivations and strategies of companies in their CSER. The empirical results will provide important insights into the influence of the strategies employed by companies in their corporate social and environmental reporting and the impacts of such strategies on organizational performance.

Ultra-High Performance Concrete: Mechanical Performance, Durability, Sustainability and Implementation Challenges

  • Abbas, S.;Nehdi, M.L.;Saleem, M.A.
    • International Journal of Concrete Structures and Materials
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    • v.10 no.3
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    • pp.271-295
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    • 2016
  • In this study, an extensive literature review has been conducted on the material characterization of UHPC and its potential for large-scale field applicability. The successful production of ultra-high performance concrete (UHPC) depends on its material ingredients and mixture proportioning, which leads to denser and relatively more homogenous particle packing. A database was compiled from various research and field studies around the world on the mechanical and durability performance of UHPC. It is shown that UHPC provides a viable and long-term solution for improved sustainable construction owing to its ultrahigh strength properties, improved fatigue behavior and very low porosity, leading to excellent resistance against aggressive environments. The literature review revealed that the curing regimes and fiber dosage are the main factors that control the mechanical and durability properties of UHPC. Currently, the applications of UHPC in construction are very limited due to its higher initial cost, lack of contractor experience and the absence of widely accepted design provisions. However, sustained research progress in producing UHPC using locally available materials under normal curing conditions should reduce its material cost. Current challenges regarding the implementation of UHPC in full-scale structures are highlighted. This study strives to assist engineers, consultants, contractors and other construction industry stakeholders to better understand the unique characteristics and capabilities of UHPC, which should demystify this resilient and sustainable construction material.