Examining the Business Impact of Owner Commitment to Sustainability
Publication: Journal of Construction Engineering and Management
Volume 132, Issue 4
Abstract
The purpose of this study was to establish a research mechanism to investigate the impact of corporate commitment to sustainability on capital project planning and capital project performance. The research hypothesized that increasing commitment to sustainability leads to increasing sustainable project planning, and to better cost and schedule performances in large projects. Two sustainability indices, CSCI and SCPPI, were used to determine the level of corporate sustainability commitment and its impact on sustainability practices in capital project planning, and the impacts of corporate sustainability commitment and sustainable practices in project planning on cost and schedule performances, design changes, and safety compliances. Limited data collected from 17 Fortune 100 owner organizations suggested that a relationship between the two indices existed and that there are strong grounds supporting further development of such sustainability indices. Such indices can help multinational corporations better allocate resources and strike a balance between sustainable practices and financial bottom line.
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Information & Authors
Information
Published In
Journal of Construction Engineering and Management
Volume 132 • Issue 4 • April 2006
Pages: 384 - 392
Copyright
© 2006 ASCE.
History
Received: May 12, 2005
Accepted: Jun 22, 2005
Published online: Apr 1, 2006
Published in print: Apr 2006
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