PHD Student, Griffith University
This study examines green building costs and price premiums.
In the literature, there is an ambiguity of the real costs and prices of green buildings. This acts as an impediment toward the wide spread green building developments. This study aims to provide a literature review and an empirical study of green building cost and price premiums. The research findings will be a guide for developers and decision makers at early design stages. The aim of the study is to reveal the significant relationships between green buildings and green premiums, and provide a decision-making model as a guidance for developers to predict the real cost and prices of green buildings. With emphasis on green price premiums, we examine the issue from developer perspectives, and draw on data from Gold Coast’s real estate market. As an empirical study, a stochastic frontier analysis is built to predict green cost premium of green residential buildings. As a benchmarking technique, a multiple regression analysis is developed using a frontier statistical method. In order to verify the viability of the benchmark model, a global sensitivity analysis is used to validate the prediction model.
Abstract: This paper adopts the lens of environmental ethics to explore whether there is a disparity between the ethical approaches of a company in comparison to those expressed by stakeholders in relation to environmental issues, specifically those communicated through the corporate environmental report. Discourse analysis is adopted to explore the environmental section of the sustainability reports of the case study company as compared to the responses of a sample of the company’s stakeholders, using the lens of three branches of environmental ethics: utilitarianism, deontology and virtue ethics. Results indicate that the ethical approaches expressed in the case study company’s environmental reports were grounded in utilitarianism and deontology, in contrast to a virtue ethics approach expressed by external stakeholders. The disparity widened as the relationship between the company and the stakeholder became less direct. This disparity signals a failure to meet one of the primary purposes for preparing sustainability reports: to engage with stakeholders. As such this research contributes to the literature by identifying a disparity in the how this information is communicated compared with how it is perceived by stakeholders. This has important implications for the success of current stakeholder engagement practices.
Pub.: 07 Apr '16, Pinned: 31 Aug '17
Abstract: Authors: Adriana Rossi Article URL: http://www.tandfonline.com/doi/full/10.1080/0969160X.2016.1273453?ai=2t8&mi=47tg1r&af=R Citation: Social and Environmental Accountability Journal Publication Date: 2016-12-30T06:01:44Z Journal: Social and Environmental Accountability Journal
Pub.: 30 Dec '16, Pinned: 31 Aug '17
Abstract: Business may be in the best position to address the world's environmental problems. However, firms are still struggling with the how and when of their sustainability strategies. The goal of this case study is to uncover bridges and barriers to incorporating environmental issues into business strategy. We collect semi-structured depth interviews with upper level executives at a global, B2B manufacturing firm. Analysis reveals six elements of an environmentally sustainable business plan: (1) unify the organizational vision, (2) create visible leadership, (3) address multiple stakeholders, (4) focus on innovation, (5) communicate the message, and (6) implement the strategy. We nest these components under the normative, strategic, and operational management framework of corporate sustainability, and then present future research directions. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment
Pub.: 10 Apr '17, Pinned: 31 Aug '17
Abstract: Stakeholder engagement (SE) is recognized as a key process to align firm and stakeholder interests and to identify material content for sustainability reporting (SR). Research on SE quality in an SR context has, however, been largely neglected. This paper investigates the current state and quality of SE within SR within a sample of 55 sustainability reports issued by European firms that used the new Global Reporting Initiative's G4 Guidelines. It will focus on why, how, and with whom firms are involved in SE based on an SE disclosures analysis framework and investigate the extent to which reporting maturity influences the state of SE disclosures and SE quality. While SE seems common practice, many firms are failing to provide full disclosure on how stakeholders have been engaged in defining report content. Less than half of the studied reports contained clear disclosures on how firms had responded to stakeholder concerns. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment
Pub.: 04 May '17, Pinned: 31 Aug '17
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