Academic literature on the topic 'Environmental pillar within ESG'
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Journal articles on the topic "Environmental pillar within ESG"
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Crespi, Fabrizio, and Milena Migliavacca. "The Determinants of ESG Rating in the Financial Industry: The Same Old Story or a Different Tale?" Sustainability 12, no. 16 (August 8, 2020): 6398. http://dx.doi.org/10.3390/su12166398.
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Corporate social performance (CSP) and, in particular, environmental, social and governance (ESG) ratings became a focal point for scholars, practitioners and policy makers over the last decade. In order to better understand the dynamics underlying CSP within the financial industry, we investigate its determinants. Adding to the debate regarding CSP antecedents, we draw on a world-wide sample of 727 financial firms operating in twenty-two countries within the period 2006–2017 and look for firm, country and temporal factors that affect CSP. The main results of our empirical analyses provide evidence that financial firms’ ESG scores are growing on a linear trend over time, and such tendency is enhanced by their size and profitability, together with the economic and social development of the country within which they operate. Our findings also show that the environmental, social and governance pillars follow independent patterns.
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NAGAR, Anirudha. "The Juukan Gorge Incident: Key Lessons on Free, Prior and Informed Consent." Business and Human Rights Journal 6, no. 2 (May 25, 2021): 377–83. http://dx.doi.org/10.1017/bhj.2021.18.
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On 24 May 2020, Rio Tinto detonated an area of the Juukan Gorge in the Pilbara in Western Australia as part of its iron ore mining operations, damaging two ancient rock shelters with profound cultural significance to the Puutu Kunti Kurrama and Pinikura (PKKP) People.1 The incident has brought international attention to the importance of Indigenous cultural heritage within broader environmental, social and governance (ESG) considerations.
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Piwowarski, Juliusz, Barbara Piwowarska, and Jacek A. Piwowarski. "State Fire Service in the National Emergency and Fire System." Kultura Bezpieczeństwa. Nauka – Praktyka - Refleksje 37, no. 37 (June 30, 2020): 47–66. http://dx.doi.org/10.5604/01.3001.0014.2815.
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Within the framework of the Polish National Emergency and Fire System (NEFS), tasks are realized in the areas of rescuing life, health and property of the citizens, as well as environmental protection. The purpose of this article is to depict the rules of the functioning of this system, with a special emphasis on State Fire Service, which plays a significant role in NEFS, among others as an organizer thereof. First, the origin and tasks of NEFS are presented, and the areas of Polish public security are indicated of which particular bodies associated in NEFS take care; the organization and tasks of State Fire Service are also outlined. Then, the place of NEFS and State Fire Service in crisis management is indicated. The presentation of the above issues allows the author to conclude that State Fire Service plays a leading role in multiple rescue operations and is a vital component of the system of internal security, e.g. as a pillar of NEFS.
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Hassani, Hossein, Stephan Unger, and Mohammad Reza Entezarian. "Information Content Measurement of ESG Factors via Entropy and Its Impact on Society and Security." Information 12, no. 10 (September 23, 2021): 391. http://dx.doi.org/10.3390/info12100391.
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We conducted a singular and sectoral vulnerability assessment of ESG factors of Dow-30-listed companies by applying the entropy weight method and analyzing each ESG factor’s information contribution to the overall ESG disclosure score. By reducing information entropy information, weaknesses in the structure of a socio-technological system can be identified and improved. The relative information gain of each indicator improves proportionally to the reduction in entropy. The social pillar contains the most crucial information, followed by the environmental and governance pillars, relative to each other. The difference between the social and economic pillars was found to be statistically not significant, while the differences between the social pillar, respective to the economic and governance pillars were statistically significant. This suggests noisy information content of the governance pillar, indicating improvement potential in governance messaging. Moreover, we found that companies with lean and flexible governance structures are more likely to convey information content better. We also discuss the impact of ESG measures on society and security.
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Chandra, Mohinesh, and Alireza Tourani-Rad. "Do Investors Value Environmental Corporate Policies? Evidence from the Australian Market." Journal of Risk and Financial Management 14, no. 3 (March 16, 2021): 124. http://dx.doi.org/10.3390/jrfm14030124.
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In this paper, we explore the relationship between a firm’s environmental policies and their risk-adjusted stock returns, using a sample of stock exchange-listed Australian firms over the period of 2010–2018. We observed a positive and statistically significant relationship suggesting that a firm’s environmental policies partially explain their stock performance. Moreover, we found that investors in the Australian market significantly value a companies’ efforts to reduce emissions, and that this primarily drives the investors’ observed reaction to a firm’s social corporate policies. Next, we formed portfolios and observed that portfolios formed on high environmental, social, and governance (ESG) Environmental Pillar scores consistently outperformed those formed on low-ESG Environmental Pillar scores. Overall, our results lend support to the notion that investors in the Australian market value information about a firm’s social policies.
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Senadheera, Sachini Supunsala, Piumi Amasha Withana, Pavani Dulanja Dissanayake, Binoy Sarkar, Shauhrat S. Chopra, Jay Hyuk Rhee, and Yong Sik Ok. "Scoring environment pillar in environmental, social, and governance (ESG) assessment." Sustainable Environment 7, no. 1 (January 1, 2021): 1960097. http://dx.doi.org/10.1080/27658511.2021.1960097.
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Madison, Nicolas, and Eduardo Schiehll. "The Effect of Financial Materiality on ESG Performance Assessment." Sustainability 13, no. 7 (March 25, 2021): 3652. http://dx.doi.org/10.3390/su13073652.
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The effect of considering the financial materiality of ESG (environmental, social and governance) issues on firms’ ESG performance scores and rankings is investigated using Morgan Stanley Capital International (MSCI) ESG Ratings and the financial Materiality Map® developed by the Sustainability Accounting Standard Board (SASB). Results show that when financial materiality is applied, firms’ ESG performance scores change significantly. Further corroboration is provided by significant changes in firms’ ESG rankings when ESG performance assessment is based on SASB-adjusted ESG performance scores. Environmental pillar issues, and particularly natural resource use, are predominantly responsible for the changes. Overall, the results suggest that financial materiality affects the informative value of ESG scores and rankings, allowing the identification of investment opportunities in firms with high scores on business-critical ESG issues. We argue that consideration of financial materiality can better inform investment decisions based on ESG performance. This study adds to the understanding and assessment of ESG performance and its information content.
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Qureshi, Muhammad Azeem, Minhas Akbar, Ahsan Akbar, and Petra Poulova. "Do ESG Endeavors Assist Firms in Achieving Superior Financial Performance? A Case of 100 Best Corporate Citizens." SAGE Open 11, no. 2 (April 2021): 215824402110215. http://dx.doi.org/10.1177/21582440211021598.
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Increasing interest in sustainability performance (environmental, social, and governance pillar performance [ESGP]) and corporate financial performance (CFP) is noteworthy. However, we do not find any all-inclusive study that employs both individual components of environmental, social, and governance pillars (ESG) as well as the cumulative ESG score on both the accounting and market performance of firms. Furthermore, we do not find any study that puts forth “best practices” in the ESGP-CFP nexus. Therefore, our study intends to provide additional empirical evidence in this debate by including all three pillars of ESG as well as the overall ESG score by employing a unique sample of “100 best corporate citizens” in the United States declared by 3BL Media during 2009 to 2018. For this purpose, we employ panel vector auto regression (PVAR) that allows us to overcome the methodological challenges faced by some earlier empirical studies. The core findings are: (a) for market-based financial performance (market-to-book ratio [MTB] and Tobin’s Q), our results only confirm ESGP–CFP relationship and suggest that sustained higher commitment to the environmental pillar, consistent socially responsible conduct, and rationalized governance mechanism of the sampled firms are perceived value additive by the market players. (b) For accounting-based financial performance (return on equity [ROE] and return on assets [ROA]), we find a mix of ESGP–CFP and CFP–ESGP relationship for ROE only. Furthermore, factor error variance decomposition (FEVD) analysis reveals that environmental, social, and overall ESG performances of the sampled firms are quite good predictors of future CFP in the market. These findings assert that actively pursuing ESG endeavors can assist firms in achieving superior financial performance.
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Vaughter, Philip, Marcia McKenzie, Lauri Lidstone, and Tarah Wright. "Campus sustainability governance in Canada." International Journal of Sustainability in Higher Education 17, no. 1 (January 4, 2016): 16–39. http://dx.doi.org/10.1108/ijshe-05-2014-0075.
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Purpose – This paper aims to provide an overview of a content analysis of sustainability policies from Canadian post-secondary education institutions. The paper reports findings on the orientations to sustainability evident in the policies; references to other policies within the documents; and other key themes on how sustainability is engaged in the policies in relation to overall governance, education, operations, research and community outreach. Design/methodology/approach – A sample of 50 Canadian colleges and universities was selected based on representativeness across a range of criteria. A qualitative thematic content analysis of these policies was conducted using a collaborative coding approach. Findings – Results suggest that most sustainability policies described a Brundtland (i.e. intergenerational) and/or three-pillar (e.g. economic, environmental and social) orientation to sustainability. Many sustainability policies also connected to other external municipal or provincial policies. In terms of various domains of sustainability, campus operations was discussed by all of the policies and in the most detail, while discussions of sustainability in education (i.e. the curriculum) and in research were vague, and discussions of sustainability in relation to community outreach were included less frequently. Originality/value – This comparative study provides a broad view of sustainability policies from post-secondary institutions across Canada. It deepens our understanding of the institutions’ conceptualizations of, and priorities for, sustainability. This paper has practical implications for institutions seeking to create or further develop their own policies, and it contributes to the comparative scholarly literature on the institutionalization of sustainability in higher education.
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Jasni, Nur Syuhada, Haslinda Yusoff, Mustaffa Mohamed Zain, Noreena Md Yusoff, and Nor Syafinaz Shaffee. "Business strategy for environmental social governance practices: evidence from telecommunication companies in Malaysia." Social Responsibility Journal 16, no. 2 (April 18, 2019): 271–89. http://dx.doi.org/10.1108/srj-03-2017-0047.
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Purpose The present digital era has integrated the conventional telecommunications companies as service providers in this ever-competitive environment. Towards gaining business competitiveness, businesses are operated from the stance of dynamic business model that places focus on both economic activities and, more importantly, value-added benefits. One essential value embedded into business strategies refers to the aspect of sustainability in conjunction to environmental social governance (ESG). Within the context of Malaysia, ESG practices have been expected to grow rapidly in years to come, along with the vision of becoming a digital economy nation, by 2050. The continuous discussions appear to support the significance of implementing ESG practices amidst organizations, which in turn, could enhance a more sustainable economic growth for the country. Although many studies have probed into the dimensions of ESG, little attention has been given to the ESG practices incorporated into business strategy agenda. Design/methodology/approach This paper combed through the literature to retrieve the multi-dimensions of ESG concepts, as well as related in-depth insights into ESG disclosures amongst leading companies established in Malaysia. As for the research design, this study used the content analysis method and the ESG Grid as the benchmarking tool to explore superior commitments amongst its peers. Findings As a result, this study stumbled upon two major outcomes: the pattern of ESG disclosures in telecommunications industry and the approaches in implementing ESG practices in telecommunications companies. These two aspects appear essential to establish a competitive advantage, apart from addressing the issues raised by concerned stakeholders. Research limitations/implications Future studies may explore deeper into comprehending the ESG practices by using the interview method and incorporating other industry or arena. Practical implications The decisions made by the companies to invest in ESG practices mark the ability of a company in devising viable survival strategies within the industry. Originality/value Hence, this study offers several vital insights into the practical value to learn from the best experiences, aside from analyzing the current progress of ESG practices within the context of developing nation.
Dissertations / Theses on the topic "Environmental pillar within ESG"
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Grundström, Gustav, and Isabelle Miedel. "Sustainable Investing : On the relation between sustainability rating and greenhouse gas emissions." Thesis, Umeå universitet, Företagsekonomi, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-185219.
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Sustainability and finance should go hand in hand. A financial system that supports sustainablegrowth is necessary for the transition to a carbon-free society. Environmental, Social andGovernance (ESG) is a sustainability performance measurement used worldwide. Previousresearch within the ESG area has mainly focused on ESG score and financial performance.Environmental performance gets more attention from investors, and the Nordic countries areall in the top five when it comes to sustainability ranking. This research examines the relationbetween sustainability ratings (E score and ESG score) in the Nordic countries as well as if therelation differs between different rating agencies. To study the relationships, a regressionanalysis was performed, and we could not draw any concrete conclusions whether low CO2emissions are associated with a higher E- or ESG score in the Nordic countries. The resultindicates that a high E- or ESG score does not seem to be associated with lower CO2 emissions.A significant result was found on the fact that the E- and ESG scores relation to CO2 aredifferent between rating agencies. However, full access to one of the rating agencies has notbeen granted, which entails some limitations and further research on the questions isrecommended.
Book chapters on the topic "Environmental pillar within ESG"
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Lerpold, Lin, and Örjan Sjöberg. "Urban Advantage? Sustainable Consumption and Ontological Cityism Across the Urban Hierarchy." In Sustainable Consumption and Production, Volume I, 263–82. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-56371-4_14.
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AbstractUrban areas are often, and not without reason, portrayed as an opportunity to reduce environmental impacts: more effective use of land, better opportunities for the provision of public transport and less need on a per capita basis for investment in physical infrastructure. This is also the message of the literature on urban scaling. The very nature of the agglomeration economies that allow for economising on natural resources may, however, result in higher levels of per capita consumption. A major reason is that high density often translates into higher costs of space, in turn encouraging the concentration of high(er) productivity activities in major cities. As a result, spatial sorting occurs (e.g. with respect to educational attainment and incomes) and with it potentially also a differentiation of consumption patterns. In consequence, not just size and density, but also position in the urban hierarchy may need to be taken into account in assessing sustainability outcomes. To grasp the issue of urban sustainability, however, intra-urban differentiation too, will have to be considered in tandem with the inter-urban issues of boundary drawing for measurement—what we call “ontological cityism”. This is especially so if the focus shifts from the environmental to the social dimensions of sustainability, and if the trade-offs across the three pillars of sustainability are to be understood.
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"Making sense of the environmental pillar in ESG investing." In OECD Business and Finance Outlook. OECD, 2020. http://dx.doi.org/10.1787/bebb0add-en.
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Kanaki, Kalliopi, Michail Kalogiannakis, and Dimitrios Stamovlasis. "Assessing Algorithmic Thinking Skills in Early Childhood Education." In Advances in Early Childhood and K-12 Education, 104–39. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-4576-8.ch005.
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This chapter presents part of a wider project aimed at developing computational thinking assessment instruments for first and second grade primary school students. The applicability of the specific proposed tool, which concerns merely the algorithmic thinking (AT), was tested within the Environmental Study course (ESc). The main pillar of the work is the computational environment PhysGramming. The assessment of AT was based on mental tasks involving puzzles which require AT abilities. The AT test comprised of four puzzles with 4, 6, 9, and 12 pieces respectively, and the puzzle-solving performance was measured at the nominal level (success/failure). Latent class analysis (LCA), a robust multivariate method for categorical data, was implemented, which distinguished two clusters/latent classes corresponding to two distinct levels of AT. Moreover, LCA with covariates, such as gender, grade, achievement in ESc, and the use of plan revealed the association of the above variables with the AT skill-levels. Finally, the results and their implications for theory and practice are discussed.
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Kanaki, Kalliopi, Michail Kalogiannakis, and Dimitrios Stamovlasis. "Assessing Algorithmic Thinking Skills in Early Childhood Education." In Research Anthology on Computational Thinking, Programming, and Robotics in the Classroom, 488–523. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-6684-2411-7.ch024.
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This chapter presents part of a wider project aimed at developing computational thinking assessment instruments for first and second grade primary school students. The applicability of the specific proposed tool, which concerns merely the algorithmic thinking (AT), was tested within the Environmental Study course (ESc). The main pillar of the work is the computational environment PhysGramming. The assessment of AT was based on mental tasks involving puzzles which require AT abilities. The AT test comprised of four puzzles with 4, 6, 9, and 12 pieces respectively, and the puzzle-solving performance was measured at the nominal level (success/failure). Latent class analysis (LCA), a robust multivariate method for categorical data, was implemented, which distinguished two clusters/latent classes corresponding to two distinct levels of AT. Moreover, LCA with covariates, such as gender, grade, achievement in ESc, and the use of plan revealed the association of the above variables with the AT skill-levels. Finally, the results and their implications for theory and practice are discussed.
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"EU Rural Development Policy: The Drive for Policy Integration Within the Second Pillar of CAP." In Policy Integration for Complex Environmental Problems, 133–72. Routledge, 2017. http://dx.doi.org/10.4324/9781315246598-12.
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Koulov, Boian, and Linda McCarthy. "European Geography." In Geography in America at the Dawn of the 21st Century. Oxford University Press, 2004. http://dx.doi.org/10.1093/oso/9780198233923.003.0056.
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The European Specialty Group (ESG) was founded with considerable enthusiasm in 1992. Its organization and the rapid membership increase were in response to the historic changes following the fall of the Iron Curtain, the reintegration of the European continent, and a heightened interest in the evolution of European political and economic life. The purpose of the ESG is to move beyond the Cold War legacy of East–West division of the continent and foster research, teaching, and scholarly interaction on the geography of the new Europe. The ESG also serves as a bridge between US geographers working on Europe and their counterparts in the rest of the world. Finally, the group promotes the study of Europe within the discipline of geography and facilitates the exchange of information and ideas among its members and Europeanists in other disciplines, government, and private agencies. Research on Europe has been undertaken at a variety of spatial scales. A number of books reflect the pan-European scale (Berentsen 1993, 1997; Harris 1991, 1993a, b, 1997; Jordan 1996; McDonald 1997; Murphy 1991; Unwin 1998). The national scale also has received attention due to the continued importance of the different national contexts despite increased European integration, in conjunction with difficulties created by the lack of comparable statistical databases at a sub-national scale for the countries across Europe. Regardless of spatial scale several consistent themes have emerged. Within political geography focus is clearly on the new divisions of Europe, states–nations relationships, sub-national political transformation, the twin forces of democratization and nationalism, and ethnic conflict. Within economic geography research has centered around issues of “widening” versus “deepening” in the EU, globalization and pan-European integration, the impacts and implications of the incorporation of Central and Eastern European nations into the European economy, and the spatially uneven nature of economic change. Geographers also have been active in addressing issues of environmental damage, population, and migration. This chapter takes a regional approach that reflects the typical focus of most research. The material is treated systematically within sections on Western, Nordic, Eastern, and Mediterranean Europe.
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Calogero, Rachel M., Tracy L. Tylka, and Jaclyn A. Siegel. "Personal Safety as Bedrock and Safeguard for Positive Embodiment." In Handbook of Positive Body Image and Embodiment, edited by Tracy L. Tylka and Niva Piran, 139–48. Oxford University Press, 2019. http://dx.doi.org/10.1093/med-psych/9780190841874.003.0014.
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Personal safety is a pillar of positive embodiment. Yet, women’s personal safety is continuously threatened within environments that promote or excuse the sexual objectification of women via prompting vigilant policing of women’s safety, which fragments their consciousness, restricts their movement, and limits their freedom. This chapter begins by discussing the safety threats of sexual objectification, whereby the omnipresent threat and perpetration of violence against women by men keep them in a state of fear and alert to their more vulnerable status. Next, the chapter considers how the disruptive, and terrorizing, nature of sexual objectification limits women’s positive embodiment (e.g., restricts voluntary movement, adds to psychological distress, creates a hyperawareness and anxiety about safety), and presents research that uphold these links. The chapter ends with considering ways of claiming space in the world and the imperative for cultivating women’s safety through social activism and embodied social change.
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Gok, Ibrahim Yasar, Ozan Ozdemir, and Bugra Unlu. "The Effect of Corporate Sustainability Practices on Financial Performance." In Cases on Corporate Social Responsibility and Contemporary Issues in Organizations, 52–70. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7715-7.ch004.
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In this chapter, the impact of corporate sustainability practices (CSP) on corporate financial performance (CFP) is investigated in terms of Turkish manufacturing industry. In this context, 16 sustainable companies vs. 21 control companies in 2016 and 16 sustainable companies vs. 24 control companies in 2017 are examined. Thirty-seven financial performance variables within seven groups are used, and non-parametric Mann-Whitney U test is applied. In 2016, four out of seven significant variables point out that sustainable companies perform better than control sample; however, in 2017, three out of four significant variables indicate the opposite. Therefore, the results are mixed, and it is concluded that implementing environmental, social, and governance (ESG) criteria do not have a noticeable positive effect on financial performances of manufacturing industry companies, at least in the short-term.
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Niroumand, Hamed, M. F. M. Zain, and Sanaz Naghavi Alhosseni. "Earth Building Materials, Production, and Construction Techniques." In Cases on the Diffusion and Adoption of Sustainable Development Practices, 119–46. IGI Global, 2013. http://dx.doi.org/10.4018/978-1-4666-2842-7.ch005.
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Building materials and construction technology are strongly interrelated with the pillars for sustainable development (e.g. environment, society economy, culture and politics). Earth Building, an 11,000-year-old practice of building using sustainable and earth materials, is practiced worldwide. Earth has been used to construct walls, floors, roofs, and even furniture. Today it is estimated that between 33-50%of the world’s population is housed in earth homes. This chapter reviews the two-year process of earth buildings and earth architecture carried out by the Department of Architecture Faculty of Built Environment and Engineering at National University of Malaysia (UKM). The current research emphasis is on the types, construction methods, and architectural aspects of earth buildings and earth architecture. The current manuscript compares type of earth buildings and their properties and applications based on building materials and architectural aspects in construction.
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Saurage-Altenloh, Susan, and Phillip M. Randall. "The Influence of CSR on B2B Relationships." In Examining Ethics and Intercultural Interactions in International Relations, 83–105. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-2377-3.ch004.
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The chapter addresses how ethical actions deliver value through sustainable competitive advantage. Corporate social responsibility (CSR) has a proven role in developing audience trust that increases brand equity among target audiences, thus ensuring that the brand sustains its competitive advantage through improved profitability, increased social trust, and favorable reputation in the market. Not only do businesses have a social responsibility to the markets from which they earn revenues, but buyers expect ethical businesses to have an established CSR program in place. Socially fluent, publicly held firms that share their ESG (environmental impact, social impact, and governance) ratings with stakeholders enjoy the reputational benefits of increased trust and confidence regarding corporate ethical behavior. Businesses that engage in CSR activities within the process of corporate brand management experience stronger reputation that drives loyalty and sales, resulting in a competitive, sustainable market advantage.
Conference papers on the topic "Environmental pillar within ESG"
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Liao, Jiankan, and Daniel R. Cooper. "The Environmental Impacts of Metal Powder Bed Additive Manufacturing." In ASME 2020 15th International Manufacturing Science and Engineering Conference. American Society of Mechanical Engineers, 2020. http://dx.doi.org/10.1115/msec2020-8476.
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Abstract Additive manufacturing (AM) is widely recognized as a critical pillar of advanced manufacturing and is moving from the design shop to the factory floor. As AM processes become more popular, it is paramount that engineers and policymakers understand and then reduce their environmental impacts. This article structures the current work on the environmental impacts of metal powder bed processes: selective laser melting (SLM), direct metal laser sintering (DMLS), electron beam melting (EBM), and binder jetting (BJ). We review the potential benefits and pitfalls of AM in each phase of a part’s lifecycle and in different application domains (e.g., remanufacturing, hybrid manufacturing etc.). We highlight critical uncertainties and future research directions throughout. The environmental impacts of AM are sensitive to the specific production and use-phase context; however, several broad lessons can be extracted from the literature. Unlike in conventional manufacturing, powder bed production impacts are dominated by the generation of the direct energy (electricity) required to operate the AM machines. Combined with a more energy-intensive feedstock (metal powder) this means that powder bed production impacts are higher than in conventional manufacturing unless production volumes are very small (saving tool production impacts) and/or there are significant material savings through part light weighting or improved buy-to-fly ratios.
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Jednak, Sandra. "Adapting Business to Sustainable Development and New Technology." In Values, Competencies and Changes in Organizations. University of Maribor Press, 2021. http://dx.doi.org/10.18690/978-961-286-442-2.81.
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Different internal and external causes make differences in doing business. Changes within an organization may be caused by mergers and acquisitions, crises, organizational culture, and application of new technology, but also by external changes such as sustainable development, digitalization, and COVID19. Changes in business environment affect the change in behaviour, competencies and values as well as in business activities, all in order to achieve organizational goals. Sustainable development brings sustainable practice into business. Each organization considers economic, social, and environmental dimensions of their business and implementation of ESG (environment, social, and governance) criteria. Digitalization affects business by adapting and combining different technologies that provide the creation of new products/services, processes, decisions, relations between companies, employees and customers, and business performance. There are also relations between the causes. Digitalization impacts sustainability and vice versa. Moreover, sustainable development and digitalization influence how an organization adapts and runs its business.
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McNally, Amanda D. "A Tiered Approach for Evaluating the Sustainability of Remediation Activities at Rail Sites." In 2018 Joint Rail Conference. American Society of Mechanical Engineers, 2018. http://dx.doi.org/10.1115/jrc2018-6163.
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Remediation of environmental sites is of concern across the rail industry. Impacted sites may result from releases of chemicals to the environment along active rail lines or in rail yards; historical activities; or through acquisition of impacted property. Management of these liabilities may require investigation, planning, design, and remediation to reduce risks to human health and the environment and meet regulatory requirements. However, these investigation and remediation activities may generate unintended environmental, community, or economic impacts. To address these impacts, many organizations are focusing on the incorporation of sustainability concepts into the remediation paradigm. Sustainable remediation is defined as the use of sustainable practices during the investigation, construction, redevelopment, and monitoring of remediation sites, with the objective of balancing economic viability, conservation of natural resources and biodiversity, and the enhancement of the quality of life in surrounding communities (Sustainable Remediation Forum [SURF]). Benefits of considering and implementing measures to balance the three pillars of sustainability (i.e., society, economics, and environment) may include lower project implementation costs, reduced cleanup timeframes, and maximizing beneficial while alleviating detrimental impacts to surrounding communities. Sustainable remediation has evolved from discussions of environmental impacts of cleanups (with considerable greenwashing), to quantifying and minimizing the environmental footprint and subsequent long-term global impacts of a remedy, and currently, incorporating strategies to address all three components of sustainability — environmental, social, and economic. As organizations expand their use of more sustainable approaches to site cleanup, it is beneficial to establish consistent objectives and metrics that will guide implementation across a portfolio of sites. Sustainable remediation objectives should be consistent with corporate sustainability goals for environmental performance (e.g., greenhouse gas emissions, resource consumption, or waste generation), economic improvements (i.e., reduction of long term liability), and community engagement. In the last decade, there have been several Executive Orders (13423, 13514, 13693) that provide incrementally advanced protocols for achieving sustainability in government agency and corporate programs. Resources for remediation practitioners are available to assist in developing sustainable approaches, including SURF’s 2009 White Paper and subsequent issue papers, ITRC’s Green and Sustainable Remediation: State of the Science and Practice (GSR-1) and A Practical Framework (GSR-2), and ASTM’s Standard Guide for Greener Cleanups (E2893-16) and Standard Guide for Integrating Sustainable Objectives into Cleanup (E2876-13). These documents discuss frameworks that may be applied to projects of any size and during any phase of the remediation life cycle, and many provide best management practices (BMPs) that may be implemented to improve the environmental, social, or economic aspects of a project. Many of these frameworks encourage a tiered approach that matches the complexity of a sustainability assessment to the cost and scope of the remediation. For small remediation sites, a sustainability program may include the selection, implementation, or tracking of BMPs. A medium sized remediation site may warrant the quantification of environmental impacts (e.g., air emissions, waste generation, etc.) during the evaluation and selection of remedial alternatives. Often, only large and costly remediation sites demand detailed quantitative assessment of environmental impacts (e.g., life cycle assessment), economic modeling, or extensive community or stakeholder outreach. However, if a tiered approach is adopted by an organization, components of each of these assessments can be incorporated into projects where it makes sense to meet the needs of the stakeholders.
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Freshley, Mark, Paul Dixon, Paul Black, Bruce Robinson, Tom Stockton, J. David Moulton, Timothy Scheibe, Roger Seitz, Kurt Gerdes, and Justin Marble. "Advanced Simulation Capability for Environmental Management: Current Status and Future Applications." In ASME 2013 15th International Conference on Environmental Remediation and Radioactive Waste Management. American Society of Mechanical Engineers, 2013. http://dx.doi.org/10.1115/icem2013-96152.
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The U.S. Department of Energy (USDOE) Office of Environmental Management (EM), Office of Soil and Groundwater (EM-12), is supporting development of the Advanced Simulation Capability for Environmental Management (ASCEM). ASCEM is a state-of-the-art scientific tool and approach that is currently aimed at understanding and predicting contaminant fate and transport in natural and engineered systems. ASCEM is a modular and open source high-performance computing tool. It will be used to facilitate integrated approaches to modeling and site characterization, and provide robust and standardized assessments of performance and risk for EM cleanup and closure activities. The ASCEM project continues to make significant progress in development of capabilities, with current emphasis on integration of capabilities in FY12. Capability development is occurring for both the Platform and Integrated Toolsets and High-Performance Computing (HPC) multiprocess simulator. The Platform capabilities provide the user interface and tools for end-to-end model development, starting with definition of the conceptual model, management of data for model input, model calibration and uncertainty analysis, and processing of model output, including visualization. The HPC capabilities target increased functionality of process model representations, toolsets for interaction with Platform, and verification and model confidence testing. The integration of the Platform and HPC capabilities were tested and evaluated for EM applications in a set of demonstrations as part of Site Applications Thrust Area activities in 2012. The current maturity of the ASCEM computational and analysis capabilities has afforded the opportunity for collaborative efforts to develop decision analysis tools to support and optimize radioactive waste disposal. Recent advances in computerized decision analysis frameworks provide the perfect opportunity to bring this capability into ASCEM. This will allow radioactive waste disposal to be evaluated based on decision needs, such as disposal, closure, and maintenance. Decision models will be used in ASCEM to identify information/data needs, and model refinements that might be necessary to effectively reduce uncertainty in waste disposal decisions. Decision analysis models start with tools for framing the problem, and continue with modeling both the science side of the problem (for example, inventories, source terms, fate and transport, receptors, risk, etc.), and the cost side of the problem, which could include costs of implementation of any action that is chosen (e.g., for disposal or closure), and the values associated with those actions. The cost side of the decision problem covers economic, environmental and societal costs, which correspond to the three pillars of sustainability (economic, social, and environmental). These tools will facilitate stakeholder driven decision analysis to support optimal sustainable solutions in ASCEM.
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Miers, Collier, Geoff Wehmeyer, and Carlos H. Hidrovo. "A Novel Thermo-Hydraulic Test Platform for Micropillared Array Thermal Wick Optimization." In ASME 2012 10th International Conference on Nanochannels, Microchannels, and Minichannels collocated with the ASME 2012 Heat Transfer Summer Conference and the ASME 2012 Fluids Engineering Division Summer Meeting. American Society of Mechanical Engineers, 2012. http://dx.doi.org/10.1115/icnmm2012-73192.
Full textAbstract:
Heat pipes have immense potential in the future of thermal management in electronic devices. As a passive device, they rely solely upon capillary forces to recirculate the coolant from the condenser to the evaporator via a wicking structure. In intermediate temperature heat pipes the limiting factor for heat removal is the capillary limit, which indicates the maximum recirculation rate that the capillary forces can induce. This capillary limit must be increased to allow heat pipes to remain a viable option for heat management within electronic devices. The aim of this work is to characterize and optimize the capillary limit of micropillared thermal wicks for heat pipe application in micro-electronics cooling. Towards this goal, an analytical model, and a novel thermo-hydraulic experimental setup was developed. The analytical model of the micropillared array wicking structure provides a theoretical basis from which the pillar geometry and arrangement can be optimized. A capillary limit model was used to determine the geometric relationship between the pillar arrays and the maximum capillary flow rate through the wick. This model considers the effects of gravity and mass transfer due to evaporation. Finally, the thermo-hydraulic characterization setup, designed to minimize environmental losses, was used to experimentally determine the capillary limits of different silicon based micropillared wick samples. The heater and wicking structure were enclosed in a temperature and humidity controlled vacuum chamber. The results obtained from this setup were used to validate the analytical model shown in this paper.