Examining the business impact of owner commitment to sustainability

Salwa M.A. Beheiry, Wai Kiong Chong, Carl T. Haas

Research output: Contribution to journalArticle

57 Scopus citations

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 coiporate 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.

Original languageEnglish (US)
Pages (from-to)384-392
Number of pages9
JournalJournal of Construction Engineering and Management
Volume132
Issue number4
DOIs
StatePublished - Apr 1 2006
Externally publishedYes

Keywords

  • Construction industry
  • Cost control
  • Financial management
  • Owners
  • Project management
  • Scheduling
  • Sustainable development

ASJC Scopus subject areas

  • Civil and Structural Engineering
  • Building and Construction
  • Industrial relations
  • Strategy and Management

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