Valuation of companies activity on sustainability level

• Autorzy: Nowosielski R. , Nadolski S.
• Języki publikacji: EN

Abstrakty

EN

Purpose: Paper presents a possibilities of companies valuation due to their activity in accordance with sustainable development. Design/methodology/approach: The article describes best known methods of companies assessment (stock indices, non-financial reports and other indicators) connected with sustainability. Also there is history of indices methodology which comes from ethical, religious problems and sustainable development principles. Findings: There is still more companies interested in being (as a part of sustainability indices or other rankings). Research organizations should be concentrated on different type of rankings which contain summary report of best available techniques. Research limitations/implications: Every sustainability index or non-financial reports ranking should be important part of companies management thinking. It is important idea to create these indices for every local stock exchange. Also companies should publish true and clear non-financial reports. Originality/value: The paper concerns on existing indices and tries to make new look at sustainability problems. Important conclusions are connected with non-financial reports and possible connections between indices rankings and best available techniques.

Słowa kluczowe

EN

environmental management; cleaner production; sustainable development; socially responsible investing; SRI

PL

zarządzanie środowiskowe; czystsza produkcja; rozwój zrównoważony; inwestowanie społecznie odpowiedzialne; SRI

• Wydawca: International OCSCO World Press
• Czasopismo: Journal of Achievements in Materials and Manufacturing Engineering
• Rocznik: 2007
• Tom: Vol. 21, nr 1
• Strony: 87--90
• Opis fizyczny: Bibliogr. poz. 16, tab.

Twórcy

autor

Nowosielski R.

autor

Nadolski S.

• Division of Nanocrystalline and Functional Materials and Sustainable Pro-ecological Technologies, Institute of Engineering Materials and Biomaterials, Silesian University of Technology, ul. Konarskiego 18 a, 44-100 Gliwice, Poland,

Bibliografia

• [1] R. Nowosielski, Basic principles and models of sustainable development conception and his practical meaning for economy, Cleaner Production in Poland Special Book (2002), 2-10.
• [2] R. Nowosielski, S. Kielnar, The estimation of the technological processes using best available techniques (BAT), Proceedings of 3rd Scientific Conference on Materials, Mechanical and Manufacturing Engineering MMME'2005, Gliwice-Wisła, 2005, 423-428.
• [3] R. Nowosielski, M. Spilka, The designing of sustainable technology, 3rd Scientific Conference on Materials, Mechanical and Manufacturing Engineering MMME'2005, Gliwice-Wisła, 2005, 429-434.
• [4] R. Nowosielski, M. Spilka, Sustainable technology as element of present methods of production management, Proceedings of 10th International Scientific Conference Achievements in Mechanical & Materials Engineering, Gliwice-Krakow-Zakopane, 2001, 387-392.
• [5] R. Nowosielski, M. Spilka, Sustainable material technology, Proceeedings of 12th International Scientific Conference Achievements in Mechanical & Materials Engineering, Gliwice-Zakopane, 2003, 685.
• [6] W. Stodulski, Measured sustainability, www.opoka.org.pl
• [7] B. Rok, Responsible business in irresponsible world, Academy of Development of Philanthropy in Poland and Forum of Responsible Business, Warsaw, 2004.
• [8] N. Hamid, Y. Sandford, Are SRI indices responsible?, Deutsche Bank, October 2002.
• [9] J. Bagiński, M. Rumiński, D. Wawrzyniak, Rating of sustainable development activities. Engineering of Quality 03 (2006) XII-XV.
• [10] W.Żółcińska, Are companies reports relating about their social and ecological activity useful? CFO - Financial Magazine 19.11.2004.
• [11] S. Beloe, J. Scherer, I. Knoepfel, Values for Money: Reviewing the Quality of SRI Research. SustainAbility, 2004.
• [12] http://www.sustainability-index.com/djsi_pdf/publications/Guidebooks/DJSI_Guidebook_NA_20.pdf
• [13] http://www.ftse.com/Indices/FTSE4Good_Index_Series/Downloads/FTSE4Good_Factsheet.pdf
• [14] http://www.siricompany.com/pdf/DSR_AEX_Report_June2006.pdf
• [15] http://www.environmental-finance.com/2004/041Ooct/sri.htm
• [16] R. Nowosielski, S. Czerkowicz, W.Pilarczyk, The perspective of applying BAT in Polish industrial realities, Proceedings of 12th International Scientific Conference Achievements in Mechanical & Materials Engineering AMME'2003, Gliwice-Zakopane, 2003, 661-664.