315,429 research outputs found

    Corporate environmental assessment by a bank lender : a social constructionist perspective

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    Over the last decade evidence has emerged which suggests that lenders are considering environmental impact of corporate borrowers as part of their lending decisions. Environmental consideration by lenders may considerably influence the level of financial support available for economic growth and environmemntal management. The primary aim of this research project is to examine the development and use of corporate environmental assessment techniques by members of a commercial lending bank. The research will build upon previous findings that highlight the influences of culture upon bank members perception of environmental credit risks. Specific emphasis will be placed on evaluating the role of mechanisms for the communiaction of bank policy. These will be analysed to find out how and why corporate environmental performance considerations shape the lending process. Research will be undertaken in the form of a case study facilitated by Lloyds TSB Group plc. Analysis will centre on an evaluation of the rationalities for environmental assessment displayed by bank members and their justification for the application of specific environemnatal assessment techniques. The findings are expected to be of direct practical benefit to bank lending officers and others interested in lending processes and/or corporate environmental assessment techniques

    TINJAUAN TEORITIS BIAYA LINGKUNGAN TERHADAP KUALITAS PRODUK DAN KONSEKUENSINYA TERHADAP KEUNGGULAN KOMPETITIF PERUSAHAAN

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    Environmental costs is a way to calculate the costs to the environment, including reporting, and reduce environmental impact. Applicable environmental costs aimed at reducing the negative impact on the environment by considering the company's environmental problems in every business decision and the company's production process. By applying the company's environmental costs are expected to reduce negative impacts on the environment arising from corporate activities. One way to identify various sources of waste and waste that cause inefficient production so that the environmental information that helps management in making or decision-making according to the researchers considered the application of environmental costs can provide huge profits for companies, especially in the financial aspects of this led management are motivated to reduce the environmental costs or reduce these costs. In this papers will be discussed how the application of environmental impact and costs of implementing the company incurred to implement the environmental costs that can affect product quality and company create a competitive advantage

    Sustainable Design Process and Factors Considered for Product Service System

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    "Sustainability" is apparently reflected in corporate management and product development. Technology development and industrial revolution not only provide human beings luxury living quality but also causes global environmental problems and natural resources crisis on earth. Therefore, quite a few environmental protection policies in the world have been made. "Reduce, reuse and recycle" definitely becomes a new life trend. Under this circumstance, Product Service System (PSS) is a new way to satisfy the customers' needs by means of a complete process in products and services. It can make resource usage become a closed loop, thus reducing total product quantity and enhancing resource usage sufficiency. PSS has a characteristic of lower environmental impacts. Therefore, the author incorporates the concept of PSS into sustainable design strategy. This study first utilizes Analytic Network Process (ANP) to analyze both service categories from PSS and ranking priority of life cycle structure to be the foundation of sustainable design. Secondly, this study adopts Modified Delphi?MD?method to inspect the sustainable design factors considered for the application of PSS on case study. Furthermore, the author develops evaluation guidance and check list to make sure the target achievement of product sustainable design. Finally, this research accomplishes an applied process of PSS's sustainable design. By employing PSS on sustainable design, the study improves the impact of product life cycle on environmental quality. As a result, this study provides the PSS's design factors considered of sustainable products for corporations, and supplies a continuous service to create an operation mechanism with higher profit and lower risk as well

    PERTANGGUNGJAWABAN PIDANA KORPORASI BERDASARKAN ASAS STRICT LIABILITY (Studi Pembaharuan Hukum Pidana Lingkungan Hidup)

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    Criminal responsibility adopted by the Indonesian criminal law and environmental law are regulated in Law Number 32/ 2009 on Environmental Protection and Management. The principle of fault liability based complicate law enforcement in the process of criminal evidence. Law Number 32/2009 on Environmental Protection and Management of the Environment has set a strict liability issue but nevertheless the strict liability only obligate to pay compensation in the event a civil lawsuit. Criminal law recognize the strict liability. Strict liability is defined as liability without fault is criminal liability without proof of fault further to the offender. In criminal cases involving corporate environment needs to be applied the principle of strict liability, so that the strict liability can be expanded application not only to the claim for damages in civil cases but can also be done in the legal protection of penal law, is expected with the integration of the law will be able to simplify the process of proving environmental crime by the corporation . This research aims to determine the corporate criminal liability based on the principle of Strict Liability and its implications of the application of strict liability corporation in the process of proving environmental crime

    The economic viability of Environmental Management Systems: an application of Analytical Hierarchy Process as a methodological tool to rank trade-offs

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    Environmental management systems [EMS] are now a well established management tool in the ‘greening’ of industry. There is a large body of literature on methodological procedures and application strategies for implementing EMS. Associated with this proliferation of ‘how to’ manuals has been a limited discussion of why a firm ought to implement a management tool that inevitably affects the bottom line of profitability. We argue that there has been much less by way of methodologically rigorous and academically objective analysis of the motivation for EMS application. Much of this literature is coined in terms of the potential benefits (social, ethical and financial) with arguably an insufficient emphasis on potential real cost burdens. This arises in part because researchers and analysts in the field want firms to adopt EMS. This can be motivated by environmental zeal and/or an enthusiasm to promote the sales of ‘how to’ manuals by accentuating the positive. The aim of this research is provide an objective and methodologically robust motivational analysis in the field of EMS applications. The methodology that we apply - Analytical Hierarchy Process [AHP], a variant of multi criteria analysis- has not to our knowledge been applied in the ‘greening’ of industry. Most methodologies relating to semi-structured interviews of respondents who have applied environmental management tools are either open-ended or apply a 5 point Likert scale or equivalent, where 1-5 corresponds with how important the respondent considers a given factor(e.g. affect on longrun profitability) is in stimulating EMS adoption. The outcome of such studies in general is that many factors contribute but that the extent to which one factor is more or less important remains unresolved. Under AHP, respondents make pair-wise ratings of importance between various attributes (e.g. profitability, corporate social responsibility) as well as between the ‘qualities’ or levels within an attribute (e.g. long term profitability, short term profitability). The outcome of the AHP is a set of attribute and quality weights that reflect their relative importance as well as their implied ranking. In this study, five attributes (profitability; compliance with legislation; competitiveness; social impacts and environmental impacts) with a total of 13 qualities were tested across a sample of respondents from SMEs that already had an EMS in place. The attributes ranged from financial (e.g. increases in production efficiency), social (e.g. improved public perceptions) to environmental (e.g. reduced emissions). We chose to investigate the motivations for on-going EMS adoption as managers would then have had the time to learn the extent to which the potential benefits had actually been realised and the costs incurred.. The results are interesting in that the most important factors were increased long term profitability and the opportunity to enter new product niches. The latter may arise owing to ‘supplier challenges’ applied by larger firms to their SME suppliers. A high scoring was achieved for improving local community relations. The highest score for the environmental attribute was reduced resource usage, linked to decreasing production costs. This score was significantly higher than CSR-type global concerns such as emissions reductions. However, overall environmental outcomes were not rated highly which perhaps suggest that the case that CSR stimulates the adoption of corporate eco-change might be overstated in the literature.Environmental Economics and Policy, Research Methods/ Statistical Methods,

    Beyond CO2 emissions – The role of digitalization in multi-dimensional environmental performance measurement

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    The purpose of our paper is to investigate how digitalization can support environmental performance (EP) management – going beyond the CO2 emission measurement. Digitalization can help increase company performance many ways, this paper focuses on its effect on EP. Environmental performance is mainly assessed by output indicators, however, in our approach we prove that digitalization makes it possible to measure and manage multiple indicators by enabling better process visibility and extensive data collection. Our methodology is based on statistical analysis, we analyze corporate EP according to a multi-dimensional model and prove that digitally advanced companies perform better in multiple dimensions of environmental sustainability. We found that digitally advanced companies use various technologies to gather, store and process data which results in a significantly better application of environmental accounting and environmental management systems. The originality of our paper is that next to a wide – not only technological – interpretation of digitalization we suggest and apply a multi-dimensional environmental performance measurement model

    Internalization of environmental costs in the financial management of organizations: a proposition to be applied in agribusiness

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    This article aims to show the impact of the internalization of environmental costs overall, as measured by the methods of environmental valuation, in financial management companies, and can be applied in agribusiness, specifically in determining the finance equilibrium point environmentally adjusted. The survey begins with a literature review on methods of environmental valuation and confrontation of costs of pollution and of control and to determine the total environmental costs, passing the handle, then the process of internalization of these costs through economic instruments (tax and non tributaries) and the impacts that occur in corporate finance. Based, from the analysis, the importance of government policies such as subsidies for cost control and its consequences for companies, contributing directly to reduce the level of pollution and environmental degradation. The research uses the deductive method as a methodology, seeking the basic concepts of environmental economics a specific application in financial management organizations, and as a technical procedure to literature revision, so a theoretical research with the possibility of further application in empirical studies.8417119

    Workshop time management system

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    The Workshop Time Management System is a web-based application that is specially built for the third party logistics provider and workshops, with the goals to improve efficiency and shortening processing time by automating all processes and workflows involved in a central application. This project will focus more on human resources planning and efficiency such as pending job assignment, mechanic job log, task efficiency, evaluation of mechanic performance and mechanic duty shift control. By implementing the new solutions to the system, the maintenance staff will be better informed of pending jobs or faults at the workshop whereas the mechanics will be able to access the necessary information instantly to rectify the problem. A number of improvements on the existing features will also be included, such as urgent task handling, vehicle quality inspection and job activation to ensure more accurate time estimation and further improve the flexibility of the system in handling the various situations. The project will be carried out systematically with the waterfall model of Software Development Life Cycle and Structured System Analysis and Design Methodology. The business process and environment is analyzed to enable a more thorough understanding of the problems, opportunities and directives that triggered the project. Overall, this project is expected to deliver a range of mission-critical applications, including a proprietary environmental compliance database for its corporate administrative staff, and a fleet management application for its vehicle maintenance crew at the workshop

    Sustainable construction: a web-based performance assessment tool

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    The quest towards sustainable development, both nationally and globally, puts the construction industry in the foreground as the main consumer of natural resources. The industry has profound economic, social and environmental impacts. Sustainable construction is one of the most important challenges faced by the construction industry today. In the UK, sustainability is being driven and enforced by the government through stringent fiscal policies and regulations, voluntary initiatives combined with naming and shaming strategies. Stakeholders are becoming more aware of the global challenges and are using their power to exert pressure on companies. Increasingly, construction clients are demanding that their business partners submit: their corporate sustainability policies with tender packages to demonstrate their performance in dealing with opportunities and risks stemming from economic, environmental and social aspect of sustainability. However, the lack of understanding of the concept and its practical application has been a recurrent problem. The conceptual confusion; its vagueness and ambiguity, the complexity of the myriad of challenges and fluidity of the sustainability concept, compounded with the myopic attitude of the industry, lack of clear-cut and practical framework are causing frustration in the construction industry. Consequently, a number of sustainability management frameworks have been proposed. There are probably more than one hundred frameworks for sustainable business strategy. However, the majority of these are either complicated to implement or lack sound theoretical base, effective change management and completeness. These, therefore, do not make the situation any easier. Many are still baffled as to what they should do and how they should go about affecting change. Corporate sustainability in the construction industry is a challenge to many companies. The industry is still under-performing in each of the key themes of sustainable construction and this has lead to a 'blame culture’ where each sector of the industry allocates responsibility for its current failings to others (CIRIA C563, 2001). Such a situation poses a need for a comprehensive, practical and easy to use tool that would aid the implementation and management of sustainability at the core of business process. The tool will complement the existing frameworks, which breaks down the strategic and management issues into manageable components. This will enable companies to focus on individual areas and identify actions needed to facilitate change. The problem is that such a tool is virtually non-existent. The main focal point of this research is the development of a tool to facilitate the implementation, management and integration of sustainability issues at the strategic level and promote wider uptake of the concept in the construction industry. This requires a thorough understanding of the concepts of sustainable development, sustainable construction and related issues as well as drivers, benefits, barriers and enablers for achieving corporate sustainability. It also demands an examination of existing management frameworks and collation of case studies from the early adopters to establish critical factors for strategic and management issues involved in achieving corporate sustainability. Through, diverse research epistemologies (quantitative, qualitative and triangulation methods), the research established four main critical factors and thirty-six sub-critical factors for achieving corporate sustainability. These factors underpinned the development of a web-based prototype software (ConPass). This thesis presents the development and evaluation ConPass Model and the prototype software
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