• Title/Summary/Keyword: Indicators of Sustainability

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Review of Domestic Data Application Strategies for TNFD Implementation (TNFD 적용을 위한 국내 활용가능 데이터 적용 방안 검토)

  • Kim, Eun-Sub;Kim, Hoseok;Lee, Dong-Kun;Choi, Yun-Yeong;Kim, Da-Seul
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.27 no.1
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    • pp.55-70
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    • 2024
  • The loss of biodiversity poses a significant threat not only to business sustainability and investment risk but also to societal well-being. Nature serves as a crucial driver for long-term business viability and economic prosperity. The Task Force on Nature-related Financial Disclosures (TNFD), established in September 2023, mandates that companies assess and disclose their impacts on nature. Despite this, many businesses lack a full understanding of their reliance on and impact upon natural capital and ecosystem services, leading to insufficient disclosures. This study evaluates the applicability of TNFD's assessment methodologies and indicators within a domestic context, highlighting the condition of nature and ecosystem services, and exploring potential synergies with national biodiversity policies. Our analysis suggests that TNFD necessitates a unique approach to the spatial and temporal data and methodologies traditionally employed in environmental impact assessments. This includes assessing the reciprocal influences of corporate activities on natural capital and ecosystem services via the LEAP framework. Moreover, in industries where the choice of specific indicators depends on unique sectoral traits, developing a standardized strategy for data and assessment indicators-adapted to local conditions-is crucial due to the variability in the availability of assessment tools and data. The proactive engagement of the private sector in ecosystem restoration projects is particularly promising for contributing towards national biodiversity objectives. Although TNFD is in its nascent phase, its global adoption by numerous companies signifies its potential impact. Successful implementation of TNFD is anticipated to deepen businesses' and financial institutions' understanding of natural capital and ecosystem services, thereby reinforcing their commitment to sustainable development.

A Study on the Development of ESG Safety Evaluation Index (ESG 안전 평가지표 개발에 관한 연구 )

  • Cheolhee Yoon;Keun-won Lee;Seungho Jung
    • Journal of the Korean Institute of Gas
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    • v.27 no.2
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    • pp.16-24
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    • 2023
  • ESG (environmental, social, governance) management is being introduced with the goal of sustainable development of the company in risk management, which identifies and judgement various risks that may occur in the industry. In the future, ESG evaluation will be used more as a value judgment tools for corporate sustainability. This ESG evaluation was used to manage the company's accident prevention level. Through morphological analysis of the current ESG evaluation system, it was found that the quantitative 'safety evaluation index' available in ESG was insufficient through analysis of safety evaluation items. In this study, domestic and foreign industrial accident data was analyzed, 'accident contributing factors' that required intensive management were derived, and major safety management items that needed supplementation were selected based on the results. ESG safety evaluation indicators were developed through the process of optimizing the selected items into evaluation factors suitable for 'accident prevention management'.

Value Co-creation Types according to Co-creation Execution Phase : Focusing on Regional Brand (Co-creation 실행 단계에 따른 Value Co-creation 유형 : 지역브랜드를 중심으로)

  • Ryou, An Young;Son, Won Jun
    • Journal of Korea Multimedia Society
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    • v.24 no.3
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    • pp.481-493
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    • 2021
  • Regional brands are recognized for their importance as one of the local public relations policies, but only the methods promoted by local government officials and outside experts are revealing limitations in self-reliance and sustainability. In order for a regional brand to succeed, it is necessary to develop and manage a brand that fits the characteristics of the region together with various stakeholders including residents. In this study, it was confirmed that regional brand evaluation indicators may vary depending on the stage of co-creation in the design process for regional brand development, and the type of value co-creation was determined through a classification method using the results of the evaluation index. According to the results of the study, the type of value co-creation that fits the local situation and characteristics can be derived by adjusting the stage of co-creation execution in the design process.

Membrane engineering progresses in desalination and water reuse

  • Macedonio, Francesca;Drioli, Enrico
    • Membrane and Water Treatment
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    • v.1 no.1
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    • pp.75-81
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    • 2010
  • The aim of this work is to analyse and discuss the use of the Economic Evaluation and of some new "metrics" for an appropriate valuation of membrane operations in the logic of Process Intensification. In particular, the proposed approach has the goal to show how the utilized indicators can drive to the choice of the most convenient process. Although in this work the planned procedure is applied, as a case study, to the membrane-based systems for boron and arsenic removal from waters, the suggested approach can be generally applied to any other process of interest.

GIS Indicator on New Urbanist Communities in Southeastern US

  • Sim, Sunhui
    • Journal of Korean Society for Geospatial Information Science
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    • v.24 no.2
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    • pp.89-94
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    • 2016
  • New urbanism is a school of urban development that combines residential, commercial, and civic land uses in a dense urban fabric of carefully prescribed form. Its advocates claim that New Urbanist developments are superior to prevailing urban development patterns on social and environmental sustainability. Its critics, however, argue that New Urbanism developments do not measure up to the social and environmental ideals and are, in some cases, just another form of urban sprawl. The goal of this study is to evaluate various criticisms of New Urbanist communities. This paper used empirical evidence to determine the performance of New Urbanist developments on the broader spatial and social context as opposed to the internal characteristics of the communities using GIS indicators. The results showed that the communities did not meet conventional criteria for New Urbanist ideals.

A Bibliometric Study on Sustainable Development Goals (SDGs) Research Trends in Entrepreneurship (키워드 네트워크 분석을 활용한 창업분야 지속가능발전목표(SDGs) 연구동향 분석)

  • An, Seung Kwon;Choi, Min Jung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.2
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    • pp.21-34
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    • 2023
  • The purpose of this study is to examine the extent of Sustainable Development Goals (SDGs)-related research in the field of entrepreneurship globally since the adoption of the SDGs at the UN General Assembly, and to compare international and domestic research trends in order to determine the direction of SDGs-related research in entrepreneurship in Korea. Utilizing three databases-Web of Science (WoS), KCI, and DBpia- SDGs-related studies in entrepreneurship were extracted by employing specific search terms. After data purification, a total of 356 studies abroad and 4 studies in Korea were used for analysis. After data purification, a total of 356 international studies and 4 Korean studies were analyzed. Due to the limited number of domestic studies, the research trends were examined by conducting frequency analysis and keyword network analysis on international studies alone. Frequency analysis revealed that SDGs research in entrepreneurship primarily focused on sustainability-related terms and was conducted in conjunction with business models, innovation, entrepreneurship education, and strategies. Furthermore, yearly frequency analysis demonstrated an expansion of topics to encompass research on entrepreneurship and SDGs policies, the roles and capabilities of female entrepreneurs in SDGs implementation, energy start-ups and SDGs, directions for implementing SDGs in business schools and SDGs education, indicators for SDGs implementation and evaluation, and technologies for sustainability. The keyword network analysis identified central topics such as business, sustainability, SDGs, innovation, entrepreneurship, business models, and education, with research areas extending to entrepreneurship ecosystems, change and strategy, ethics, and climate. This study holds significance in establishing a foundation for SDGs research in entrepreneurship, which is currently an underexplored area in Korea, by presenting emerging research trends related to SDGs in entrepreneurship.

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An Evaluation of Environmental-Control Function on Forest Using GIS (GIS를 활용한 산림녹지의 환경조절적 기능 평가)

  • Lee, Woo-Sung;Jung, Sung-Gwan
    • Journal of the Korean Association of Geographic Information Studies
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    • v.14 no.4
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    • pp.102-115
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    • 2011
  • The purpose of this study is to establish the evaluation model through the systematic process of selecting the indicators and to evaluate the environmental-control function on forest using GIS in Deagu for the sustainable forest planning. The 35 indicators as basic items were selected by literature review and those were squeezed into the 29 indicators through expert brainstorming. Also, the 8 indicators to evaluate environmental-control function were selected by the first survey and the 5 final indicators such as carbon sink, temperature decrease, wind formation, water circulation, air purification were determined by MCB analysis using the second survey. The evaluation model was established through the weight of each indicator by AHP analysis using the third survey. According to the result of evaluating the environmental-control function on forest, the functions around the top area of Mt. Ap, Mt. Biseul, Mt. Palgong had more than 66 scores. On the other hand, the functions around Mt. Waryong and forest of Chilgok in Buk-gu had less than 40 scores. It is necessary to improve the function through the sustainable restoration and management in case of forest that the environmental-control function was lower. Furthermore, these results will be able to be utilized as basic data in order to establish the preservation area and control development area at the urban, environmental, and forest planning.

Implication Measures between Strategic Environmental Impact Assessment and Sustainable Development Indicators (전략환경영향평가와 지속가능한 발전 지표의 연계방안)

  • Hong, Sang-Pyo
    • Journal of Environmental Impact Assessment
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    • v.25 no.1
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    • pp.63-76
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    • 2016
  • In 2015, Summits of State and Government at United Nations General Assembly agreed to set the world on a path towards Sustainable Development(SD) through the adoption of the 2030 Agenda. 2030 Agenda adopts 17 Sustainable Development Gooals(SDG) to achieve 3 pillars of social security, economic efficiency and environmental integrity. Sustainable Development Indicators(SDI) which are suggested by UN SDSN(United Nations Sustainable Development Solutions Network), have been developed for measuring SDG implementation, by which Sustainability Assessment(SA) can be accomplished to check through more holistic approaches to poverty alleviation, social inclusion and environmental management. In Korea, Strategic Environmental Impact Assessment(SEIA) has been applied to PPP(policy, plan, program) by 'Ministry of Environment', whereas 'National Land Planning Assessment(NLPA) which is one sort of SEA has been implemented to evaluate PPP of Ministry of Land, Infrastructure and Transport'. Although SEIA and NLPA have been utilized as decision-making support tools for stakeholders including high authorities, the reference criteria of these institutions are not considered as convincible and communicable. Evaluation criteria of alternatives which are core principles for SEIA and NLPA seem so ambiguous and unscientific. Through incorporation of SDI into SEIA, a convenient, quick and credible diagnosis of the key dimensions of SD comprising social equity, economic development and environmental management, can help develop a shared understanding of priorities of implementation of SDG.

The Impact of ESG Management on the FinTech Industry: Focusing on the Case of K-Pay's inclusion in the MSCI Index (ESG 경영이 핀테크 산업에 미치는 영향: MSCI 지수 편입 카카오페이 사례를 중심으로)

  • Hanjin Lee;Ju-young Ha;Gaeun Son;Subin Kim;Donghyun Yoon
    • Journal of Information Technology Services
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    • v.22 no.4
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    • pp.171-184
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    • 2023
  • FinTech, which has brought innovation to the financial industry thanks to the advancements in ICT since 2010, has contributed to the growth of the financial ecosystem and increased consumer benefits. Furthermore, there has been a growing demand for social responsibility and sustainability in financial institutions, which have a significant impact on governments, businesses, and people's lives. Despite this, many FinTech companies and traditional financial institutions are still in the early stages of establishing ESG (Environmental, Social, and Governance) management philosophy or lack long-term plans. In this study, we aim to examine the impact of ESG management on the FinTech industry, focusing on representative domestic cases, and derive policy and institutional measures to spread it in the financial industry. Specifically, we will adopt MSCI rating indicators, which are internationally accepted by various industries such as manufacturing, healthcare, and transportation, to evaluate the 35 ESG management subcategories of FinTech companies. As a result, a total of 22 compliance items were disclosed in the ESG report, and it was possible to confirm the detailed management. Through this, we intend to propose effective management strategies for the organizational structure, operations, programs, and performance evaluation of FinTech companies, which are positioning themselves as sustainable growth drivers in the domestic industry.

Development and application of Smart Water Cities global standards and certification schemes based on Key Performance Indicators

  • Lea Dasallas;Jung Hwan Lee;Su Hyung Jang
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.183-183
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    • 2023
  • Smart water cities (SWC) are urban municipalities that utilizes modern innovations in managing and preserving the urban water cycle in the city; with the purpose of securing sustainability and improving the quality of life of the urban population. Understanding the different urban water characteristics and management strategies of cities situate a baseline in the development of evaluation scheme in determining whether the city is smart and sustainable. This research herein aims to develop measurements and evaluation for SWC Key Performance Indicators (KPIs), and set up a unified global standard and certification scheme. The assessment for SWC is performed in technical, as well as governance and prospective aspects. KPI measurements under Technical Pillar assess the cities' use of technologies in providing sufficient water supply, monitoring water quality, strengthening disaster resilience, minimizing hazard vulnerability, and maintaining and protecting the urban water ecosystem. Governance and Prospective Pillar on the other hand, evaluates the social, economic and administrative systems set in place to manage the water resources, delivering water services to different levels of society. The performance assessment is composed of a variety of procedures performed in a quantitative and qualitative manner, such as computations through established equations, interviews with authorities in charge, field survey inspections, etc. The developed SWC KPI measurements are used to evaluate the urban water management practices for Busan Eco Delta city, a Semulmeori waterfront area in Gangseo district, Busan. The evaluation and scoring process was presented and established, serving as the basis for the application of the smart water city certification all over the world. The established guideline will be used to analyze future cities, providing integrated and comprehensive information on the status of their urban water cycle, gathering new techniques and proposing solutions for smarter measures.

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