Browsing by Subject "Environmental performance"
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Item Open Access Green to Gold? An Empirical Study of the Relationship between Firm Environmental and Financial Performance(2007-05) Austin, RogerPrevious empirical work suggests that poor firm environmental performance is negatively associated with firm financial performance. A common measure of firm environmental performance is emissions of toxic chemicals, typically taken from the EPA’s Toxic Release Inventory (TRI). However, TRI emissions do not accurately represent the actual health risks posed by these emissions as they do not take into account factors such as chemical toxicity and exposure. Therefore, the relationship between risk-adjusted emissions and firm financial performance is unknown. To explore this issue and others, this paper analyzes 148 US manufacturing firms over the time period 2000 – 2003. Once I control for time-consistent firm-level features, I find evidence of a negative association between risk-adjusted emissions and firm financial performance across a variety of specifications. More generally, I provide consistent statistical evidence that environmental performance does impact firm financial performance.Item Open Access Improve Energy and Water Efficiency in Duke Laboratory Buildings(2013-04-26) Liu, Luqin; Zhang, Shuai; Lee, AndyThe Duke Occupational and Environmental Safety Office (OESO) supports the university-wide efforts to manage safety and environmental programs in education, healthcare delivery, medical teaching and research. While the organization focuses on health and safety issues, it also extends its reach to those projects that will further the institutionalization of sustainability at Duke University. This Masters project is a collaborative effort between OESO and the Nicholas School of the Environment to frame and study the challenges of reducing environmental impacts and further improving environmental performance at Duke University. The team focused on two metrics: electric power generation and water conservation in scientific research laboratories. This research paper (1) investigated whether it is environmentally and financially viable to participate in the Demand Response program with a local utility provider; (2) strategized ways to promote appropriate waste disposal, and (3) suggested potential opportunities to enhance water efficiency in laboratories. By conducting an electric generator pilot study and interviews with key stakeholders, the results of the study concluded that all eligible emergency generators at Duke University should participate in the Demand Response program, which would lead to significant cost savings and potential carbon dioxide reductions. Interviews with the staff in ten laboratories identified promising opportunities to strengthen environmental performance such as reusing water locally and identifying behavioral best practices. These recommendations could be rolled out to additional laboratories at Duke University and other academic institutions to promote environmental sustainability within the American higher education sector.Item Open Access Improving Energy and Water Efficiencies in Duke Laboratory Buildings(2013-04-26) Lee, Andrew; Zhang, Shuai; Liu, LuqinThe Duke Occupational and Environmental Safety Office (OESO) supports the university-wide efforts to manage safety and environmental programs in education, healthcare delivery, medical teaching and research. While the organization focuses on health and safety issues, it also extends its reach to those projects that will further the institutionalization of sustainability at Duke University. This Masters project is a collaborative effort between OESO and the Nicholas School of the Environment to frame and study the challenges of reducing environmental impacts and further improving environmental performance at Duke University. The team focused on two metrics: electric power generation and water conservation in scientific research laboratories. This research paper (1) investigated whether it is environmentally and financially viable to participate in the Demand Response program with a local utility provider; (2) strategized ways to promote appropriate waste disposal, and (3) suggested potential opportunities to enhance water efficiency in laboratories. By conducting an electric generator pilot study and interviews with key stakeholders, the results of the study concluded that all eligible emergency generators at Duke University should participate in the Demand Response program, which would lead to significant cost savings and potential carbon dioxide reductions. Interviews with the staff in ten laboratories identified promising opportunities to strengthen environmental performance such as reusing water locally and identifying behavioral best practices. These recommendations could be rolled out to additional laboratories at Duke University and other academic institutions to promote environmental sustainability within the American higher education sector.Item Open Access Improving Energy and Water Efficiencies in Duke Laboratory Buildings(2013-04-26) Zhang, Shuai; Liu, Luqin; Lee, AndyThe Duke Occupational and Environmental Safety Office (OESO) supports the university-wide efforts to manage safety and environmental programs in education, healthcare delivery, medical teaching and research. While the organization focuses on health and safety issues, it also extends its reach to those projects that will further the institutionalization of sustainability at Duke University. This Masters project is a collaborative effort between OESO and the Nicholas School of the Environment to frame and study the challenges of reducing environmental impacts and further improving environmental performance at Duke University. The team focused on two metrics: electric power generation and water conservation in scientific research laboratories. This research paper (1) investigated whether it is environmentally and financially viable to participate in the Demand Response program with a local utility provider; (2) strategized ways to promote appropriate waste disposal, and (3) suggested potential opportunities to enhance water efficiency in laboratories. By conducting an electric generator pilot study and interviews with key stakeholders, the results of the study concluded that all eligible emergency generators at Duke University should participate in the Demand Response program, which would lead to significant cost savings and potential carbon dioxide reductions. Interviews with the staff in ten laboratories identified promising opportunities to strengthen environmental performance such as reusing water locally and identifying behavioral best practices. These recommendations could be rolled out to additional laboratories at Duke University and other academic institutions to promote environmental sustainability within the American higher education sector.