• Title/Summary/Keyword: sustainable performance

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Social Responsibility Activities and Financial Performance of the Financial Industry (금융업의 사회적 책임활동과 재무성과)

  • Xia, Xuehao;Bae, Soo Hyun
    • The Journal of the Convergence on Culture Technology
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    • v.5 no.3
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    • pp.71-78
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    • 2019
  • The importance of social responsibility such as ethical management and social contribution activities is emphasized for the sustainable growth of companies. Although there is a great deal of research on corporate social responsibility due to the increase in social interest and expectation, most of them have been limited to research on general manufacturing industry. The purpose of this study is to analyze the effect of social responsibility activities on financial performance. In addition, we want to analyze the difference in the financial performance of companies with excellent social responsibility activities announced by the Institute of Economic Justice and others. The analysis period is from 2011 to 2016, and we analyze using the robust regression methodology which is relatively effective in solving the autocorrelation and this dispersion problem. First, it is proved that the higher the KEJI index, the more positive effect on financial performance. In addition, we found that there is a significant difference in the financial performance of companies with excellent social responsibility activities and those with other social responsibility activities. These results will have important implications for establishing a firm's financial strategy and will serve as useful information for the financial industry that is striving for sustainable management.

Analysis on the Linkage between SDGs Framework and Forest Policy in Korea (국내 산림정책과 지속가능발전목표(SDGs)간의 연관성 분석)

  • Moon, Jooyeon;Kim, Nahui;Song, Cholho;Lee, Sle-Gee;Kim, Moonil;Lim, Chul-Hee;Cha, Sung-Eun;Kim, Gangsun;Lee, Woo-Kyun;Son, Yowhan;Young, Soogil;Jin, Seabom;Son, Young-Mo
    • Journal of Climate Change Research
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    • v.8 no.4
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    • pp.425-442
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    • 2017
  • This study analysed the linkage between national forest policy in Korea, namely the $5^{th}$ National Forest Master Plan, 2016 Korea Forest Service Performance Management Plan, the $3^{rd}$ National Sustainable Development Plan, and UN Sustainable Development Goals (SDGs). The 7 strategies of the $5^{th}$ National Forest Master Plan were related to 11 Goals of SDGs, and 5 strategies of 2016 Korea Forest Service Performance Management Plan were associated with 7 areas of SDGs, and 4 strategies within $3^{rd}$ National Sustainable Development Plan were linked to 7 Goals of SDGs. Among 87 national forest indicators compiled from three respective forest-related policies of Korea, 45 national indicators were related to 18 SDGs indicators. This indicates that 52% of national indicators of Korean forest policy are reflecting the language of SDGs. However, seeing from SDGs perspective, only 18 out of 241, which accounts for 7.8% of SDGs indicators are related to national indicators. The findings imply that a number of national forest-related indicators do not meet the diverse dimension of SDGs which provides potential areas for forest to contribute. Based on the findings, following recommendations were suggested: 1) the term used in forest policy should be aligned to SDGs targets so that it can be embedded in national policies, and 2) indicators should be further contextualized as well as in its assessment system. Lastly, it suggests for leveraging 3) '5 Processes of sub-national climate change adaptation plan' and the core concept of REDD+ MRV which could provide fundamental background for implementing SDGs framework to national forest policy.

Oil supplementation improved growth and diet digestibility in goats and sheep fed fattening diet

  • Candyrine, Su Chui Len;Jahromi, Mohammad Faseleh;Ebrahimi, Mahdi;Chen, Wei Li;Rezaei, Siamak;Goh, Yong Meng;Abdullah, Norhani;Liang, Juan Boo
    • Asian-Australasian Journal of Animal Sciences
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    • v.32 no.4
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    • pp.533-540
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    • 2019
  • Objective: This study evaluated the growth, digestibility and rumen fermentation between goats and sheep fed a fattening diet fortified with linseed oil. Methods: Twelve 3 to 4 months old male goats and sheep were randomly allocated into two dietary treatment groups in a $2(species){\times}2$ (oil levels) factorial experiment. The treatments were: i) goats fed basal diet, ii) goats fed oil-supplemented diet, iii) sheep fed basal diet, and iv) sheep fed oil-supplemented diet. Each treatment group consisted of six animals. Animals in the basal diet group were fed with 30% alfalfa hay and 70% concentrates at a rate equivalent to 4% of their body weight. For the oil treatment group, linseed oil was added at 4% level (w:w) to the concentrate portion of the basal diet. Growth performance of the animals was determined fortnightly. Digestibility study was conducted during the final week of the feeding trial before the animals were slaughtered to obtain rumen fluid for rumen fermentation characteristics study. Results: Sheep had higher (p<0.01) average daily weight gain (ADG) and better feed conversion ratio (FCR) than goats. Oil supplementation did not affect rumen fermentation in both species and improved ADG by about 29% and FCR by about 18% in both goats and sheep. The above enhancement is consistent with the higher dry matter and energy digestibility (p<0.05), as well as organic matter and neutral detergent fiber digestibility (p<0.01) in animals fed oil- supplemented diet. Sheep had higher total volatile fatty acid production and acetic acid proportion compared to goat. Conclusion: The findings of this study suggested that sheep performed better than goats when fed a fattening diet and oil supplementation at the inclusion rate of 4% provides a viable option to significantly enhance growth performance and FCR in fattening sheep and goats.

BALANCED SCORECARD PERFORMANCE MEASUREMENT AND CONTRACTOR SELECTION USING A WEB-BASED SYSTEM

  • J. Johnson;V. Peansupap;S. Jayasena
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.259-268
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    • 2007
  • In a very competitive construction business environment there is a need to measure and manage business performance across a wider spectrum of business success criteria. The Balanced Scorecard (BSC) and Triple Bottom Line (TBL) reporting concepts are emerging as champions in the race for sustainable business success. The construction business organisations are often judged based on their financial performance as well as wider performance. This paper aims at developing a universally accepted tool for assessing contractors' wider business performance in the construction industry. A prototype of web-based business performance measurement system has been developed to help contractors assess their own performance aimed at uplifting their performance. The consultants/clients can also use the tool to measure contractors' performance in a value-based contractor selection. The system was developed based on the research conducted among 63 senior construction professionals and therefore further research with the participation of a large number of managers across different countries and also an upgrade of the system will be required.

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A Study on the Characteristics of Sustainable Design and Planning Elemensts of High-Rise Residential Architecture -Focuse on certification examples of domestic and overseas sustainable buildings- (초고층 주거건축의 지속가능한 디자인 및 계획요소 특성에 관한 연구 -국내.외 지속가능한 건축물 인증사례를 중심으로-)

  • Shin, Sung-Eun;Lee, Sang-Ho;Lee, Sung-Ok;Kim, Soo-Am
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.11a
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    • pp.217-222
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    • 2009
  • This study is lately stand on the basis of the importance for global warming and environment and accept changes of the paradigm of the 21st century. also it is to start architecturial access that suggest to solutions about environment, energy and health problems in high-rise residential architecture that lately the importance for global warming and environment. Spacially since 1990, high-rise residential architecture has developed into increase rapidly, and nowdays, this has become one of the new residence type. but this have diverse problems. For this reason, this building faced neccessary to improve living space and obtain to eco-friendiness and sustainability. Therefore, this study is focused to environment-friendly architectural certification in Korea and other countries, aims to suggest planning and technical elements from this system. Through 11 cases of high-rise residential architecture certified sustainable certification system, this study drew out tendency and charateristics of main strategy elements. These analysis will express informations of current level and also suggest to direction for improvement in quality of high-rise residence.

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Sustainable Development of Reclaimed Area in Lake Shihwa by Integrated Coastal Management (연안통합관리를 통한 시화호 간척지의 지속가능한 개발)

  • Kahng, Sung-Hyun;Kim, Eunhee;Koo, Bonjoo
    • Journal of Wetlands Research
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    • v.7 no.1
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    • pp.93-106
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    • 2005
  • This article is based on the findings of problems and limits in implementing integrated coastal management strategy in Shihwa Lake area to develop management framework, mechanisms and processes that insure the participation of various stakeholders in making decisions for sustainable development of reclaimed land. The project performance of the Shihwa Comprehensive Management Plan for Water Quality and Environment Restoration formulated in 2001 was evaluated and reviewed to give some valuable guidance for reducing the wide gap between integrated planning and implementation. Managing inter-sectoral conflicts among future land uses in Shihwa reclaimed area is one of the most important issues to make progress in integrated coastal management. There is a urgent need of developing scientific decision-supporting tools for evaluating the alternative scenarios as well as capacity building programs for local stakeholders.

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Self-Consolidating Concrete Incorporating High Volume of Fly Ash, Slag, and Recycled Asphalt Pavement

  • Mahmoud, Enad;Ibrahim, Ahmed;El-Chabib, Hassan;Patibandla, Varun Chowdary
    • International Journal of Concrete Structures and Materials
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    • v.7 no.2
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    • pp.155-163
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    • 2013
  • The use of sustainable technologies such as supplementary cementitious materials (SCMs), and/or recycled materials is expected to positively affect the performance of concrete mixtures. However, it is imperative to qualify and implement such mixtures in practice, if the required specifications of their intended application are met. This paper presents the results of a laboratory investigation of self-consolidating concrete (SCC) containing sustainable technologies. Twelve mixes were prepared with different combinations of fly ash, slag, and recycled asphalt pavement (RAP). Fresh and hardened concrete properties were measured, as expected the inclusion of the sustainable technologies affected both fresh and hardened concrete properties. Analysis of the experimental data indicated that inclusion of RAP not only reduces the ultimate strength, but it also affected the compressive strength development rate. The addition of RAP to mixes showed a consistent effect, with a drop in strength after 3, 14, and 28 days as the RAP content increased from 0 to 50 %. However, most of the mixes satisfied SCC fresh properties requirements, including mixes with up to 50 % RAP. Moreover, several mixes satisfied compressive strength requirement for pavements and bridges, those mixes included relatively high percentages of SCMs and RAP.

A Study on the Evaluation Method for the Degree of Integration towards Office Towers in Different Climate Zones

  • Han, Seung-Hoon;Moon, Jin Woo;Kim, Kyoung-Hee
    • Architectural research
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    • v.14 no.4
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    • pp.117-124
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    • 2012
  • High rise office buildings represent one of the most energy-intensive architectural typologies. The growth of urban population necessitates sustainable high rise towers that lessen environmental impacts and energy consumption. Among various sustainable strategies, the integrated design is long known to be an important process that has great impact on building's sustainability. The framework for this paper is based on the case study of integrated towers that are located in different climate zones. The paper specifically addresses to what extent climate conditions influence the design of a high rise building and what kinds of the climate integrated design has been implemented. Qualitative case studies were carried out using published data and architectural drawing set. The technical work presented in the paper is based on computer simulation that examines the insolation analysis using hourly recorded weather data. The analysis results revealed that the site and building envelope integration and the site and building service systems have shown the most frequently employed in the integrated towers through the implementation of renewable resource integration, high performance envelopes and sustainable building service systems. Internal comfort and further energy saving in the integrated towers are offered through an automatic building management system. Due to the dynamic climate conditions, integration of building systems requires a sophisticated approach to building sustainability.

Valuing Ecotourism in Palutungan Resort, Gunung Ciremai National Park, Indonesia

  • Adi, Saputra Nur;Lee, Don Koo;Park, Joowon;Lee, Yohan
    • Journal of Forest and Environmental Science
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    • v.32 no.4
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    • pp.344-352
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    • 2016
  • In this paper, we conducted an empirical study on the economic value of Palutungan Resort, Gunung Ciremai National Park (Indonesia), using an individual travel cost method. Gunung Ciremai is the highest mountain in West Java Province which has high biodiversity and constitutes the home range of the endangered species, Nisaetus bartelsi and leopards. Using the individual travel cost method, we estimated the annual consumer surplus of ecotourism for Palutungan Resort to be approximately $19, while its total economic value was $0.23 million. However, Palutungan Resort does not benefit exclusively, because the total economic value is divided diversely among the central government (non-tax revenue), local government (taxes), and local communities, while the transportation agencies, retailers, and gas station companies also reap some valuable benefits. In regard to the benefit allocation, all of the associated parties should participate in the conservation and preservation of natural resources in Palutungan Resort to improve the ecotourism services.

A Study on Problems and Improvement for G-SEED of Evaluation System through Investigating Transition Process of Overseas Green Building Certification Criterion - Focused on Apartment - (국내외 친환경 건축물 인증제도의 변천과정 고찰을 통한 G-SEED의 평가 체계 개선방안 연구 - 공동주택을 중심으로 -)

  • Park, Jae-Han;Cha, Gi-Wook;Hong, Won-Hwa
    • Journal of the Korean housing association
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    • v.24 no.5
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    • pp.69-76
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    • 2013
  • The seriousness of greenhouse gas exhaustions and energy use of the building has increased, the world is making an effort with many requests and the consultation for sustainable development. For this reason, Green Building Certification Criteria has been implemented to reduce environmental load, high-performance and environmentally friendly in the United States, the United Kingdom and Germany. In response to the global trend like this, the Korean Government has induced the eco-friendly construction and sustainable development to implement the G-SEED (Green Building Certification Criteria of Korea) in 2002. However, in spite of the many authentication result, G-SEED has been pointed out that it needs for improve in the evaluation system of Apartment sector which accounts for more than 40% of the authentication. Therefore, the purpose of this study is to suggest improvements in the evaluation system. To achieve this, this study have selected for LEED, BREEAM, DGNB of comparison target, drawn improvements through comparing transition process in G-SEED.