Measuring Corporate Sustainability and Environmental, Social, and Corporate Governance Value Added
TLDR
In this paper, the authors proposed a model for measuring sustainable value which would complexly assess environmental, social, and corporate governance contribution to value creation, and applied it on real-life corporate data and presented through a case study.Abstract:
The aim of the paper is to propose a model for measuring sustainable value which would complexly assess environmental, social, and corporate governance contribution to value creation. In the paper the concept of the Sustainable Environmental, Social and Corporate Governance Value Added is presented. The Sustainable Environmental, Social and Corporate Governance Value Added is based on the Sustainable Value Added model and combines weighted environmental, social, and corporate governance indicators with their benchmarks determined by Data Envelopment Analysis. Benchmark values of indicators were set for each company separately and determine the optimal combination of environmental, social, and corporate governance inputs to economic outcomes. The Sustainable Environmental, Social and Corporate Governance Value Added methodology is applied on real-life corporate data and presented through a case study. The value added of most of the selected companies was negative, even though economic indicators of all of them are positive. The Sustainable Environmental, Social and Corporate Governance Value Added is intended to help owners, investors, and other stakeholders in their decision-making and sustainability assessment. The use of environmental, social, and corporate governance factors helps identify the company’s strengths and weaknesses, and provides a more sophisticated insight into it than the one-dimensional methods based on economic performance alone.read more
Citations
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Measurement of sustainability performance in Brazilian organizations
Rodrigo Goyannes Gusmão Caiado,Osvaldo Luiz Gonçalves Quelhas,Daniel Luiz de Mattos Nascimento,Rosley Anholon,Walter Leal Filho +4 more
TL;DR: In this article, the authors aim to verify the sustainability performance of Brazil and propose a methodology to evaluate the performance of the country's environment management system in the context of sustainability issues.
Journal ArticleDOI
Towards sustainability by aligning operational programmes and sustainable performance measures
Rodrigo Goyannes Gusmão Caiado,Osvaldo Luiz Gonçalves Quelhas,Daniel Luiz de Mattos Nascimento,Rosley Anholon,Walter Leal Filho +4 more
TL;DR: In this paper, the authors evaluate the degree of importance of sustainable performance measures of Brazilian organizations and propose guidelines to achieve sustainability by aligning these measures with operational improvement programs, and find that it is the corporate responsibility to focus their efforts on both operational improvement programmes and sustainable initiatives in order to achieve better environmental protection, corporate reputation, quality management, cost performance and suppliers relations.
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Corporate Sustainability Reporting and Financial Performance
Ionica Oncioiu,Anca-Gabriela Petrescu,Florentina-Raluca Bîlcan,Marius Petrescu,Delia Mioara Popescu,Elena Anghel +5 more
TL;DR: In this article, the authors identify the accessibility of corporate sustainability reporting instruments for Romanian managers and their role in increasing the financial performance of organizations and conclude that corporate social reporting indicators can be integrated into the reporting of the financial performances of a company and can transform sustainability into tangible value for all interested parties.
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Analysis of Social Responsibility and Reporting Methods of Romanian Companies in the Countries of the European Union
TL;DR: In this paper, the authors focused on establishing the level of CSR report by the Romanian companies within the European Union framework by taking into account the extent to which they are familiar with the CSR reporting guidelines in order to identify the degree of applying the Global Reporting Guidelines (GRI) when designing the sustainability reports.
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Investigating the Influence of Green Credit on Operational Efficiency and Financial Performance Based on Hybrid Econometric Models
TL;DR: Zhang et al. as mentioned in this paper developed theoretical hypotheses including expectation, supervision and capital allocation channels to explain the impacts of green credit, and used hybrid econometric models by using Chinese-listed enterprises in the energy-saving and environmental sectors from 2007 to 2015 as the research sample to verify the above hypotheses.
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