• Title/Summary/Keyword: Environmental Sustainability Performance

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A Study on the Long-term Sustainability of Green IT (그린IT 장기지속성에 관한 연구)

  • Lee, Kyeong-Rak;Kim, Jae-Jon;Lee, Sang-Joon
    • Journal of the Korea Society of Computer and Information
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    • v.19 no.2
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    • pp.221-231
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    • 2014
  • TIn this paper, The need for a long-term sustainable Green IT strategy to pursue strategic partnerships and alliance was proposed. We made a research model to identify how social pressure, environmental orientation and environmental attractiveness affect into the Green IT strategy, and how Green IT strategy affects on Green IT company's environmental performance. In previous studies, the long-term persistence was used as the dependent variables, but in this paper it was used as a parameter variable. A survey of Green IT companies and a empirical analysis by statistical software package were conducted. It was verified that the mediating effect is between the social pressure, environmental orientation, environmental attractiveness and environmental performance by the long-term persistence.

ESG management should consider environmental sustainability (환경 측면의 고려가 절실하게 요구되는 ESG 경영)

  • Chang Seok Lee
    • Journal of Wetlands Research
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    • v.25 no.4
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    • pp.248-256
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    • 2023
  • ESG, which stands for Environmental, Social, and Governance, becomes a keyword in managing a company as it becomes an "indicator" that judge companies. Since the environment has suffered so much damage for economic development, it is now to reflect the enormous environmental costs of the future in the management standard rather than the immediate financial benefits at the expense of the environment. Compared to the days when corporate social responsibility (CSR) was discussed, ESG management has improved significantly as it requires practice beyond the declarative level, but the level of consideration for the environmental field is still not high. There may be many backgrounds, but the biggest problem may be the lack of understanding for other fields. Accordingly, this study aims to inform corporates of the need for investment in the environmental field by explaining ESG reviewed in the environmental field and ESG management required in the environmental field. Furthermore, another purpose is to inform them that ESG management is a win-win strategy that can have a meaningful effect not only in the environmental field where investment is received but also in terms of companies by explaining the benefits that companies can gain through this. To reach this goal, this study proposed a method of restoring a damaged ecosystem based on corporate investment, evaluating its effects based on carbon absorption capacity, and using it as a means of carbon neutrality practice as well as ESG management performance of a company.

Predicting Future ESG Performance using Past Corporate Financial Information: Application of Deep Neural Networks (심층신경망을 활용한 데이터 기반 ESG 성과 예측에 관한 연구: 기업 재무 정보를 중심으로)

  • Min-Seung Kim;Seung-Hwan Moon;Sungwon Choi
    • Journal of Intelligence and Information Systems
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    • v.29 no.2
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    • pp.85-100
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    • 2023
  • Corporate ESG performance (environmental, social, and corporate governance) reflecting a company's strategic sustainability has emerged as one of the main factors in today's investment decisions. The traditional ESG performance rating process is largely performed in a qualitative and subjective manner based on the institution-specific criteria, entailing limitations in reliability, predictability, and timeliness when making investment decisions. This study attempted to predict the corporate ESG rating through automated machine learning based on quantitative and disclosed corporate financial information. Using 12 types (21,360 cases) of market-disclosed financial information and 1,780 ESG measures available through the Korea Institute of Corporate Governance and Sustainability during 2019 to 2021, we suggested a deep neural network prediction model. Our model yielded about 86% of accurate classification performance in predicting ESG rating, showing better performance than other comparative models. This study contributed the literature in a way that the model achieved relatively accurate ESG rating predictions through an automated process using quantitative and publicly available corporate financial information. In terms of practical implications, the general investors can benefit from the prediction accuracy and time efficiency of our proposed model with nominal cost. In addition, this study can be expanded by accumulating more Korean and international data and by developing a more robust and complex model in the future.

The Relationship between Firms' Environmental, Social, Governance Factors and Their Financial Performance : An Empirical Rationale for Creating Shared Value (기업의 환경, 사회, 지배구조 요인과 재무성과의 관계 : 공유가치창출의 경험적 근거)

  • Min, Jae H.;Kim, Bumseok;Ha, Seungyin
    • Korean Management Science Review
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    • v.32 no.1
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    • pp.113-131
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    • 2015
  • We examine the relationship between firms' environmental (E), social (S), and governance (G) factors, with their financial performance in order to provide an empirical rationale for CSV (creating shared value) pursuing both of firms' profitability and CSR (corporate social responsibility). The financial performance is classified into four aspects such as profitability, stability, efficiency, and cash-flow, and each of these aspects is measured by two financial ratios respectively. To measure the firms' ESG performance, we employ the published performance grades by the Korea Corporate Governance Service for a three year span, from 2011 to 2013. Total of eight regression analyses are performed. The results show that firms' non-financial performance in general has statistically significant positive relationships with return on assets, return on net sales, and cash-flow from operating activities ratio, while it has negative relationships with net working capital ratio, asset turnover ratio, and cash-flow from investing activities ratio. It has no significant relationships with debt ratio and equity turnover ratio. The results imply that firms' non-financial performance may have a negative impact on some financial performance such as liquidity and efficiency in a short term, but it would eventually improve the firms' profitability and cash-generating ability, which provides an empirical evidence for the concept of CSV, and motivates the firms to participate in social contribution activities without sacrificing their profitability for their respective sustainablity management.

Classification of Alkali Activated GGBS Mortar According to the Most Suitable Usage at the Construction Site

  • Thamara, Tofeti Lima;Ann, Ki Yong
    • Journal of the Korean Recycled Construction Resources Institute
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    • v.8 no.1
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    • pp.56-63
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    • 2020
  • The usage of OPC-free alkali activated ground granulated blast furnace slag(GGBS) mortar has been widely studied on the previous years, due to its advantages on sustainability, durability and workability. This paper brings a new view, aiming to classify the best application in situ for each mortar, according to the type and activator content. By this practical implication, more efficiency is achieved on the construction site and consequently less waste of materials. In order to compare the different activators, the following experiments were performed: analysis of compressive strength at 28 days, setting time measured by needles penetration resistance, analysis of total pore volume performed by MIP and permeability assessment by RCPT test. In general, activated GGBS had acceptable performance in all cases compared to OPC, and remarkable improved durability. Following the experimental results, it was confirmed that each activator and different concentrations impose distinct outcome performance to the mortar which allows the classification. It was observed that the activator Ca(OH)2 is the most versatile among the others, even though it has limited compressive strength, being suitable for laying mortar, coating/plaster, adhesive and grouting mortar. Samples activated with NaOH, in turn, presented in general the most similar results compared to OPC.

Design response spectra-compliant real and synthetic GMS for seismic analysis of seismically isolated nuclear reactor containment building

  • Ali, Ahmer;Abu-Hayah, Nadin;Kim, Dookie;Cho, Sung Gook
    • Nuclear Engineering and Technology
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    • v.49 no.4
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    • pp.825-837
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    • 2017
  • Due to the severe impacts of recent earthquakes, the use of seismic isolation is paramount for the safety of nuclear structures. The diversity observed in seismic events demands ongoing research to analyze the devastating attributes involved, and hence to enhance the sustainability of base-isolated nuclear power plants. This study reports the seismic performance of a seismically-isolated nuclear reactor containment building (NRCB) under strong short-period ground motions (SPGMs) and long-period ground motions (LPGMs). The United States Nuclear Regulatory Commission-based design response spectrum for the seismic design of nuclear power plants is stipulated as the reference spectrum for ground motion selection. Within the period range(s) of interest, the spectral matching of selected records with the target spectrum is ensured using the spectral-compatibility approach. NRC-compliant SPGMs and LPGMs from the mega-thrust Tohoku earthquake are used to obtain the structural response of the base-isolated NRCB. To account for the lack of earthquakes in low-to-moderate seismicity zones and the gap in the artificial synthesis of long-period records, wavelet-decomposition based autoregressive moving average modeling for artificial generation of real ground motions is performed. Based on analysis results from real and simulated SPGMs versus LPGMs, the performance of NRCBs is discussed with suggestions for future research and seismic provisions.

Recovery of ammonia from wastewater by liquid-liquid membrane contactor: A review

  • Jang, Yoonmi;Lee, Wooram;Park, Jaebeom;Choi, Yongju
    • Membrane and Water Treatment
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    • v.13 no.3
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    • pp.147-166
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    • 2022
  • Liquid-liquid membrane contactor (LLMC), a device that exchanges dissolved gas molecules between the two sides of a hydrophobic membrane through membrane pores, can be employed to extract ammoniacal nitrogen from a feed solution, which is transported across the membrane and accumulated in a stripping solution. This LLMC process offers the promise of improving the sustainability of the global nitrogen cycle by cost-effectively recovering ammonia from wastewater. Despite recent technological advances in LLMC processes, a comprehensive review of their feasibility for ammonia recovery is rarely found in the literature. Our paper aims to close this knowledge gap, and in addition to analyze the challenges and provide potential solutions for improvement. We begin with discussions on the operational principles of the LLMC process for ammonia recovery and membrane types and membrane configurations commonly used in the process. We then assess the performance of the process by reviewing publications that demonstrate its practical application. Challenges involved in the implementation of the LLMC process, such as membrane fouling, membrane wetting, and chemical requirements, are presented, along with discussions on potential strategies to address each. These strategies, including membrane modification, hybrid process design, and process optimization based on cost-benefit analysis, guide the reader to identify key areas of future research and development.

Effect of Environmental Responsible Human Resource Management Practice on Manufacturing Enterprise Green Technology Innovation and Organizational Effectiveness

  • Tipanya, Noma;Li, Liang;Salma, Elaydi
    • Asia Pacific Journal of Business Review
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    • v.6 no.2
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    • pp.1-26
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    • 2022
  • This study uses the human resource management (HRM) practice and ability, motivation, and opportunities (AMO) theory and corporate social and environmental responsibility, to explore the effects of environmental responsible human resource management practice (ER-HRM) on energy-intensive manufacturing's green technology innovation and organizational effectiveness. A self-completed questionnaire was administered to managers of energy-intensive manufacturing in the Lao PDR. The data was collected from 198 managers of energy-intensive manufacturing for analysis. We used structural equation modeling (SEM) by smart PLS 3.0 to test the hypotheses in this research. The findings have shown a strong direct and positive impact of the environmental ability, motivation, and opportunity of ER-HRM practice on green technology innovation and organizational effectiveness. The ability of ER-HRM practice has the highest influence on green technology innovation and organizational effectiveness. The findings also prove the partial mediation of green technology innovation links ER-HRM with organizational effectiveness. This research is expected to identify the influences of ER-HRM in energy-intensive manufacturing to achieve innovation and performance while reducing emissions.

Corrosion Protection of Rebars Using High Durability Polymer Cementitious Materials for Environmental Load Reduction (환경부하저감형 고내구성 폴리머 시멘트계 재료를 이용한 철근 부식저감기술)

  • Kim, Wan-Ki;Chung, Seung-Jin
    • KIEAE Journal
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    • v.10 no.5
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    • pp.131-137
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    • 2010
  • The building industry must aim at high-durability and sustainability. A holistic life cycle based approach is recommended to reduce the environmental load. In recent years, technical innovations in the construction industry have advanced to a great extent, and caused the active research and development of high-performance and multifunctional construction materials. Nowadays, various polymer powders have been commercialized to manufacture construction materials in the form of prepackaged-type products, which have rapidly been developed for lack of skilled workmen in construction sites. Recently, terpolymer powders of improved quality have been developed and commercialized as cement modifiers. And, hydrocalumite is a material that can adsorb the chloride ions (Cl-) causing the corrosion of reinforcing bars and liberate the nitrite ions (NO2-) inhibiting the corrosion in reinforced concrete, and can provide a self-corrosion inhibition function to the reinforced concrete. The purpose of this study is to ascertain the self-corrosion inhibition function of polymer-modified mortars using redispersible powders with hydrocalumite. Polymer-modified mortars using VA/E/MMA and VAE redispersible powders are prepared with various calumite contents and polymer-binder ratios, and tested for chloride ion penetration depth, corrosion inhibition. As a result, regardless of the polymer-binder ratio, the replacement of ordinary portland cement with hydrocalumite has a marked effect on the corrosion-inhibiting property of the polymer-modified mortars. Anti-corrosion effect of polymer-modified mortars using VA/E/MMA terpolymer powder with hydrocalumite is higher than that of VAE copolymer powder.

Research Trends Analysis on ESG Using Unsupervised Learning

  • Woo-Ryeong YANG;Hoe-Chang YANG
    • The Journal of Economics, Marketing and Management
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    • v.11 no.3
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    • pp.47-66
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    • 2023
  • Purpose: The purpose of this study is to identify research trends related to ESG by domestic and overseas researchers so far, and to present research directions and clues for the possibility of applying ESG to Korean companies in the future and ESG practice through comparison of derived topics. Research design, data and methodology: In this study, as of October 20, 2022, after searching for the keyword 'ESG' in 'scienceON', 341 domestic papers with English abstracts and 1,173 overseas papers were extracted. For analysis, word frequency analysis, word co-occurrence frequency analysis, BERTopic, LDA, and OLS regression analysis were performed to confirm trends for each topic using Python 3.7. Results: As a result of word frequency analysis, It was found that words such as management, company, performance, and value were commonly used in both domestic and overseas papers. In domestic papers, words such as activity and responsibility, and in overseas papers, words such as sustainability, impact, and development were included in the top 20 words. As a result of analyzing the co-occurrence frequency of words, it was confirmed that domestic papers were related mainly to words such as company, management, and activity, and overseas papers were related to words such as investment, sustainability, and performance. As a result of topic modeling, 3 topics such as named ESG from the corporate perspective were derived for domestic papers, and a total of 7 topics such as named sustainable investment for overseas papers were derived. As a result of the annual trend analysis, each topic did not show a relatively increasing or decreasing tendency, confirming that all topics were neutral. Conclusions: The results of this study confirmed that although it is desirable that domestic papers have recently started research on consumers, the subject diversity is lower than that of overseas papers. Therefore, it is suggested that future research needs to approach various topics such as forecasting future risks related to ESG and corporate evaluation methods.