• Title/Summary/Keyword: Environmental Sustainability Performance

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Comparative Sustainability Analysis of Two Asian Cities: A Multidimensional Assessment of Taipei and Almaty

  • Shmelev, Stanislav E.;Sagiyeva, Rimma K.;Kadyrkhanova, Zhanar M.;Chzhan, Yelena Y.;Shmeleva, Irina A.
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.3
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    • pp.143-155
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    • 2018
  • The article compares economic and environmental performance of Taipei and Almaty from the point of view of "green" economy, which is able to act as a key tool to ensure sustainable development of the region. As the comparison of the parameters of ecological and economic development of the Taipei and Almaty cities shows, they are similar in population size, but demonstrate completely different trends of sustainable development. Economic performance of the Taipei city is achieved with a decrease in the consumption of natural resources and the production of pollution, while the situation in Almaty is the opposite. Almaty maintains a high level of air pollution due to the use of coal in electricity production, as well as increased traffic and density of construction, including the southern part of the city, which is a zone for the transit of mountain air flows. The article discusses the activities jointly conducted by the Government of Taiwan and non-governmental organizations on environmental issues, as well as environmental NGOs, which resulted in significant improvements in the environmental field. Measures to stimulate the development and implementation of environmental innovations applied in the field of sustainable development in the city of Taipei can be adapted for the city of Almaty, where the environmental situation deteriorates year by year.

The Necessity of Environmental Education for Employee Green Behavior

  • WOO, Eun-Jung
    • East Asian Journal of Business Economics (EAJBE)
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    • v.9 no.4
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    • pp.29-41
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    • 2021
  • Purpose - The current study explores pro-environment human resource management attributes like an organization's leadership support, training, empowerment, and motivation practices to encourage employees to adopt an environmentally friendly lifestyle, leading to the success of the pro-environmental initiatives pursued by the organization. Research design, data, and methodology - The research subject is a considerable determinant that helps the research choose which qualitative textual analysis will suit that specific research. This study is suitable to conduct qualitative textual research because the justification for the qualitative content analysis used by a researcher is guided by the subject of the research, the available funds, the available time, and the research objectives. Result - Various solutions have been identified to ensure that all interventions taken by an organization, especially in educating and training their employees, are efficient, effective, and impactful. They revolve around the individual group, organizational, societal, and government policy approaches. Solutions will create a dedication to developing sustainability and ensuring that employees are positive when dealing with the surrounding. Conclusion - Consequently, combined efforts involving employees, society, organizations, and the government are necessary for formulating and implementing a practical course of action. This is to end the ongoing environmental degradation and foster positive behavioral change that involves activities and initiatives that will improve environmental performance for current and future generations.

Characterization of Cork Biofilter (코르크담체를 이용한 유기휘발성화합물의 제거)

  • 권성현
    • Journal of Environmental Science International
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    • v.11 no.12
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    • pp.1327-1331
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    • 2002
  • The cork have been preferred over the conventional materials, zeolite, ceramics, and lignite as a biofilter medium. During the 6 months of operation, the performance of the cork biofilter was considered good with 150ppm of mixture BTX vapor efficiencies greater than 90% at 60 second of EBCT. It was observed 56 % of removal efficiency under transition conditions at first stage, and then the removal efficiency was increased to above 90 %, and the sustainability of removal efficiency was maintained. At second stage, the performance of cork biofilter was not decreased 90 % efficiency with 150 ppm BTX at 30 sec. EBCT. The production of $CO_2$ due to microbial respiration was increased to the 40 % on the operation of cork biofilter.

The Impact of ESG Performance on Corporate Value of Chinese Companies

  • Heonyong Jung
    • International Journal of Advanced Culture Technology
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    • v.11 no.3
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    • pp.33-38
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    • 2023
  • This study examined the influence of ESG performance on the firm value of Chinese equipment manufacturing companies over the period from 2011 to 2020. The analysis indicated that while ESG performance exerted a negative influence on firm value, this impact was not statistically significant. These findings substantiate the Institutional Difference Hypothesis (IDH), which posits that country-specfic institutional variations sifnificantly shape the strategic decision-making of organizations. When disaggregating the three components of ESG, variations in the results were observed both for overall ESG performance and for each individual dimension. Of the three dimension elements, the environmental (E) and governance (G) facets had a negative bearing, whereas the social (S) facet had a positive influence. Notably, only the governance dimension (G) demonstrated a statistically significant influence. These outcomes affirm the institutional difference hypothesis, illustrating divergent results across distint ESG dimensions.

An Empirical Analysis on the Relation of Environmental and Financial Performances: Default Risk Approach (파산위험을 이용한 기업의 재무성과와 환경성과의 관계 분석)

  • Hong, Chung-Hun;Lee, Soo-Kyoung
    • Journal of Environmental Policy
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    • v.5 no.3
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    • pp.1-24
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    • 2006
  • As the social responsibility of corporations becomes more important, recently, many corporations have made constant efforts to preserve natural environment. Environmental investments had been traditionally thought as cost factors and sources of negative effects on a firm's financial performances. In this study, we explore the relation of financial and environmental performances of Korean corporations. We use default probability as well as ROE as indicators of financial performances. We find that there is positive correlation between ROE and environmental performance, and negative correlation between default probability and environmental performance. This implies that Korean corporations should recognize environmental investment as means of improving corporate value.

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Based on ISO Requirements for Sustainability Management Establishment of Evaluation Model for Supplier _ Only for Semiconductor Processes (지속가능경영을 위한 ISO 요구사항 기반 정량적 협력업체 평가모델 구축 _반도체 공정에 한하여)

  • Yu, Je-Young;Lee, Ik-Mo;Hwang, Yong-Woo;Kim, Young-Woon
    • Journal of the Korea Safety Management & Science
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    • v.21 no.2
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    • pp.25-42
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    • 2019
  • The government announced that it would ask the contractors not only the supplier but also the contractors to take the same responsibilities if they did not observe industrial accident safety measures from 2019. The semiconductor manufacturing process belongs to the representative disaster industry group in which the facility is directly located inside a closed space called clean room. According to previous studies, the semiconductor industry group used checklists for safety management of their suppliers. This study has developed a model for assessing suppliers by constructing a quantitative checklist item through the risk assessment methodology, laws and regulations. The evaluation model of the supplier set up through this study becomes the safety management standard in the semiconductor industry. Furthermore, it is applied to the partner companies in the operation of ISO 14001, 45001, I would like to apply it as a measure of performance management for CSR (Corporate Social Responsibility).

Lithium ion car batteries: Present analysis and future predictions

  • Arambarri, James;Hayden, James;Elkurdy, Mostafa;Meyers, Bryan;Abu Hamatteh, Ziad Salem;Abbassi, Bassim;Omar, Waid
    • Environmental Engineering Research
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    • v.24 no.4
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    • pp.699-710
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    • 2019
  • Electric vehicles (EVs) are spreading rapidly and many counties are promoting hybrid and fully EVs through legislation. Therefore, an increasing amount of lithium ion batteries will reach the end of their usable life and will require effective and sustainable end-of-life management plan which include landfill disposal or incineration. The current research focuses on more sustainable methods such as remanufacturing, reuse and recycling in order to prepare for future battery compositions and provide insights to the need recycling methods to be developed to handle large amounts of batteries sustainably in the near future. The two most prominent material recovery techniques are hydrometallurgy and pyrometallurgy which are explored and assessed on their relative effectiveness, sustainability, and feasibility. Hydrometallurgy is a superior recycling method due to high material recovery and purity, very low emissions, high prevalence of chemical reuse and implementation of environmentally sustainable compounds. Expanding recycling technologies globally should take the research and technologies pioneered by Umicore to establish a sustainable recycling program for end-of-life EVs batteries. Emerging battery technology of Telsa show the most effective designs for high performance batteries includes the use of silicon which is expected to increase capacity of batteries in the future.

Evaluating Green Supply Chain Management with Incomplete Information

  • Tseng, Ming-Lang;Lin, Ru-Jen;Chiu, Anthony Shun Fung
    • Industrial Engineering and Management Systems
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    • v.11 no.2
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    • pp.165-169
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    • 2012
  • There has been a growing interest in firms' environmental sustainability activities to improve environmental practices in their supply chain. This study aims to deal with supplier evaluation of firm's green supply chain management (GSCM) criteria with incomplete information. Nevertheless, the suitable supplier is a key strategic direction in eliminating environmental impact on supply chain management for manufacturing firms. The firm's GSCM criteria and supplier selection need to be unified as a system to improve the firm's performance.

The Relationship Between DEA Model-based Eco-Efficiency and Economic Performance (DEA 모형 기반의 에코효율성과 경제적 성과의 연관성)

  • Kim, Myoung-Jong
    • Journal of Environmental Policy
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    • v.13 no.4
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    • pp.3-49
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    • 2014
  • Growing interest of stakeholders on corporate responsibilities for environment and tightening environmental regulations are highlighting the importance of environmental management more than ever. However, companies' awareness of the importance of environment is still falling behind, and related academic works have not shown consistent conclusions on the relationship between environmental performance and economic performance. One of the reasons is different ways of measuring these two performances. The evaluation scope of economic performance is relatively narrow and the performance can be measured by a unified unit such as price, while the scope of environmental performance is diverse and a wide range of units are used for measuring environmental performances instead of using a single unified unit. Therefore, the results of works can be different depending on the performance indicators selected. In order to resolve this problem, generalized and standardized performance indicators should be developed. In particular, the performance indicators should be able to cover the concepts of both environmental and economic performances because the recent idea of environmental management has expanded to encompass the concept of sustainability. Another reason is that most of the current researches tend to focus on the motive of environmental investments and environmental performance, and do not offer a guideline for an effective implementation strategy for environmental management. For example, a process improvement strategy or a market discrimination strategy can be deployed through comparing the environment competitiveness among the companies in the same or similar industries, so that a virtuous cyclical relationship between environmental and economic performances can be secured. A novel method for measuring eco-efficiency by utilizing Data Envelopment Analysis (DEA), which is able to combine multiple environmental and economic performances, is proposed in this report. Based on the eco-efficiencies, the environmental competitiveness is analyzed and the optimal combination of inputs and outputs are recommended for improving the eco-efficiencies of inefficient firms. Furthermore, the panel analysis is applied to the causal relationship between eco-efficiency and economic performance, and the pooled regression model is used to investigate the relationship between eco-efficiency and economic performance. The four-year eco-efficiencies between 2010 and 2013 of 23 companies are obtained from the DEA analysis; a comparison of efficiencies among 23 companies is carried out in terms of technical efficiency(TE), pure technical efficiency(PTE) and scale efficiency(SE), and then a set of recommendations for optimal combination of inputs and outputs are suggested for the inefficient companies. Furthermore, the experimental results with the panel analysis have demonstrated the causality from eco-efficiency to economic performance. The results of the pooled regression have shown that eco-efficiency positively affect financial perform ances(ROA and ROS) of the companies, as well as firm values(Tobin Q, stock price, and stock returns). This report proposes a novel approach for generating standardized performance indicators obtained from multiple environmental and economic performances, so that it is able to enhance the generality of relevant researches and provide a deep insight into the sustainability of environmental management. Furthermore, using efficiency indicators obtained from the DEA model, the cause of change in eco-efficiency can be investigated and an effective strategy for environmental management can be suggested. Finally, this report can be a motive for environmental management by providing empirical evidence that environmental investments can improve economic performance.

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The Effect of Pollution Reduction Program for Used Diesel Vehicles in Seoul Metropolitan Area: A Real Option Analysis (수도권 운행차 대기오염 저감사업의 효과: 실물옵션분석)

  • Park, Hojeong;Hong, Jong Ho
    • Environmental and Resource Economics Review
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    • v.23 no.3
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    • pp.435-451
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    • 2014
  • This paper attempts to evaluate an environmental regulation program which enforces installation of filtering equipment to reduce major air pollutants from used diesel vehicles. A real option model is presented to incorporate fuel cost uncertainty and irreversibility of emission-reducing investment. A finite-life option based on finite difference method is developed to consider the limited life expectancy of used vehicles. After taking into account social benefits from emission reduction and costs from decreasing fuel efficiency after the adoption of filtering technology, the result finds overall positive performance of the Pollution Reduction Program. However, the result suggests that the Program be designed to be more specific to vehicle types to improve program performance.