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Total — 5 articles
Article6 December 2022
Julia Hillmann, Anne Bergmann and Edeltraud Guenther
This paper investigates the time-dependent effects of building organizational resilience. So far, empirical research only finds evidence that organizational resilience provides benefits in the long term. For the short and medium term, the link remains unclear
This paper investigates the time-dependent effects of building organizational resilience. So far, empirical research only finds evidence that organizational resilience provides benefits in the long term. For the short and medium term, the link remains unclear. On the one hand, literature indicates that building organizational resilience is costly. On the other hand, actions to build organizational resilience are perceived by investors, which should provide immediate positive effects for companies. This study investigates these two assumptions in the climate change context. We apply multiple regression analysis to study the relationship between resilience capabilities and different measures of financial performance. For market value and financial volatility, our findings indicate that building organizational resilience provides immediate benefits. For the total stock return index, we find only benefits that materialize with a time lag. We find no evidence at all that building resilience capabilities is related to costs in terms of lower accounting-based financial performance. Overall findings indicate that building organizational resilience is advantageous as it prepares an organization to face the challenges of climate change and, at the same time, provides financial benefits.
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Highlights of SustainabilityVolume 1, Issue 4 (2022), pp. 233–252
472 Views123 Downloads1 Citation
Article26 August 2022
Stephen K. Wegren
Although Russia’s grain growing regions have experienced episodic droughts, the financial impact of climate change has to date been modest when measured in terms of value of production lost. As industrial agriculture continues to emit greenhouse
Although Russia’s grain growing regions have experienced episodic droughts, the financial impact of climate change has to date been modest when measured in terms of value of production lost. As industrial agriculture continues to emit greenhouse gases, the impact of climate change will intensify, making Russia’s southern regions drier and hotter, and potentially forcing a structural shift in production northward, an event that will lead to lower yields and grain output. The sustainable sector in Russia’s agricultural system is not able to compensate for lower grain output in the south, nor is it able to feed the nation or ensure food security across the full spectrum of commodities that consumers expect. The prospect of Russia as a declining grain power impacts the dozens of nations that import Russian grain, most notably authoritarian regimes in the Middle East.
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Highlights of SustainabilityVolume 1, Issue 3 (2022), pp. 188–201
587 Views219 Downloads
Article7 July 2022
Ogenis Brilhante and Julia Skinner
This paper uses the IHS Green City Conceptual Framework (IHS-GCCF) to present and discuss the development and application of a tool to measure Environmental Performance (EP) over time applied to ten Asian cities and a method
This paper uses the IHS Green City Conceptual Framework (IHS-GCCF) to present and discuss the development and application of a tool to measure Environmental Performance (EP) over time applied to ten Asian cities and a method using these results to implement a Green City Action Plan (GCAP) applied to the city of Manila. The tool measures EP over time and helps to explain possible factors contributing to the variation of the EPs in the studied time. The GCAP uses the EP results to develop a green city action plan to improve the current EP for a given period. Both tool and method fulfil gaps found in the green city literature, contain innovative approaches, and help cities to measure and plan improvements in their current EP. By applying the EP tool to ten Asian cities in two periods (2007–2009 and 2015–2018), the paper shows that Singapore and Hong Kong had the highest EPs and Bangalore had the lowest. Implementation of water management and climate change strategies are some factors explaining the improvement in Hong Kong’s EP. A strong increase in population size is behind the EP reduction in Bangalore. The Manila GCAP proposes to improve the current EP of the city from 15.43 to 17.41 in twelve years.
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Highlights of SustainabilityVolume 1, Issue 3 (2022), pp. 113–128
708 Views311 Downloads
Review8 March 2022
Hwang Yi and Abhishek Mehrotra
Sustainable buildings tend to maximize power and information rather than efficiency. The multidimensional concepts and tools provided by systems ecology and thermodynamics aid the understanding of building performance and sustainability as part of the global and
Sustainable buildings tend to maximize power and information rather than efficiency. The multidimensional concepts and tools provided by systems ecology and thermodynamics aid the understanding of building performance and sustainability as part of the global and complex thermodynamic phenomena in living systems—energy is not concentrated, but it flows, increasing the flow rate of useful energy. From such an extended macroscopic perspective, this paper addresses holistic eco-systemic criteria of building performance evaluation, focusing on emergy (spelled with an “m”) and information—the two critical indices of extensive and intensive analysis. Emergy aggregates the utmost and upstream energetic impacts, whereas information evaluates the structural pattern of the energy-flow distribution. These indices are theoretically correlated under the principles of ecological energy transformation and are often practically compatible. To clarify the definitions and appropriate scientific contexts of the new indices for environmental building studies, we review information theory, ecological theorems, and a few pioneering studies. Emergy and information have a great potential for advanced environmental building analysis, but building-scale implementation of emergy, information, and system principles remains a scientific challenge. The findings call for further research into the improvement of building-specific emergy/information data and reliable evidence of the analogy between building and open living systems.
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This article is part of the Special Issue Energy Efficiency and Renewable Energy.
Highlights of SustainabilityVolume 1, Issue 1 (2022), pp. 12–40
534 Views231 Downloads
Short Note16 February 2022
Massimo Biasin, Roy Cerqueti, Emanuela Giacomini, Nicoletta Marinelli, Anna Grazia Quaranta and Luca Riccetti
This paper explores a possible way in which strategic asset allocation decision-making processes can suitably exploit Social Impact Investments (SIIs). We focus on the role that SIIs play in the context of variance-minimizing investments. To this
This paper explores a possible way in which strategic asset allocation decision-making processes can suitably exploit Social Impact Investments (SIIs). We focus on the role that SIIs play in the context of variance-minimizing investments. To this aim, we employ an index that tracks companies’ financial performance. A hand-collected sample of Social Impact Firms (SIFs) is the basis of the empirical experiments. Our results point out that, on average, investors should invest a relevant fraction of their wealth in stocks of SIFs.
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Highlights of SustainabilityVolume 1, Issue 1 (2022), pp. 5–11
536 Views216 Downloads