Development of hydropower sustainability assessment method in Malaysia context

Nowadays, sustainability is becoming one of the crucial requirement to business success today. This requirement is strongly supported by Bursa Malaysia. In their webpage, they stated that an entire way to business management, incorporating economic, environmental, social and governance consideration...

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Main Authors: Faiz, Mohd Turan, Kartina, Johan, Nur Atiqah, Omar
Format: Conference or Workshop Item
Language:English
Published: IOP Publishing 2018
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/20900/1/Development%20of%20hydropower%20sustainability%20assessment%20method.pdf
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author Faiz, Mohd Turan
Kartina, Johan
Nur Atiqah, Omar
author_facet Faiz, Mohd Turan
Kartina, Johan
Nur Atiqah, Omar
author_sort Faiz, Mohd Turan
collection UMP
description Nowadays, sustainability is becoming one of the crucial requirement to business success today. This requirement is strongly supported by Bursa Malaysia. In their webpage, they stated that an entire way to business management, incorporating economic, environmental, social and governance considerations alongside financial ones, will serve as a sound business model that supports business continuity and long term value creation for stakeholders and society at large (Bursa Malaysia website, 21th April 2016). This proved that companies need to take sustainability as one of their aspect performance as well as an energy company. Apart from that, energy companies in Malaysia are facing problems as there is still no systematic assessment of sustainability. Before this, Malaysia energy companies assess their large projects based on Environmental Impact Assessments (EIAs) requirement. However, the EIAs mostly covers the environmental issues related to the projects. The EIAs give less attention to the social aspects and economical aspects. In addition, there are still not many companies comply all the three aspects together. So, this study is to help the energy companies to discover the systematic assessment of sustainability. In developing sustainable project, they need to include many criteria that cover the environmental, economic and social aspects at all stages. Thus, the new version of Systematic Sustainability Assessment (SSA) that apply the Hydropower Sustainability Assessment Protocol (HSAP) is used as a guideline to achieve sustainability in Malaysia energy companies. This tool will guide the energy company on how to assess the sustainability in their project and see the performance of the project.
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spelling UMPir209002018-10-01T07:11:24Z http://umpir.ump.edu.my/id/eprint/20900/ Development of hydropower sustainability assessment method in Malaysia context Faiz, Mohd Turan Kartina, Johan Nur Atiqah, Omar TS Manufactures Nowadays, sustainability is becoming one of the crucial requirement to business success today. This requirement is strongly supported by Bursa Malaysia. In their webpage, they stated that an entire way to business management, incorporating economic, environmental, social and governance considerations alongside financial ones, will serve as a sound business model that supports business continuity and long term value creation for stakeholders and society at large (Bursa Malaysia website, 21th April 2016). This proved that companies need to take sustainability as one of their aspect performance as well as an energy company. Apart from that, energy companies in Malaysia are facing problems as there is still no systematic assessment of sustainability. Before this, Malaysia energy companies assess their large projects based on Environmental Impact Assessments (EIAs) requirement. However, the EIAs mostly covers the environmental issues related to the projects. The EIAs give less attention to the social aspects and economical aspects. In addition, there are still not many companies comply all the three aspects together. So, this study is to help the energy companies to discover the systematic assessment of sustainability. In developing sustainable project, they need to include many criteria that cover the environmental, economic and social aspects at all stages. Thus, the new version of Systematic Sustainability Assessment (SSA) that apply the Hydropower Sustainability Assessment Protocol (HSAP) is used as a guideline to achieve sustainability in Malaysia energy companies. This tool will guide the energy company on how to assess the sustainability in their project and see the performance of the project. IOP Publishing 2018 Conference or Workshop Item PeerReviewed application/pdf en cc_by http://umpir.ump.edu.my/id/eprint/20900/1/Development%20of%20hydropower%20sustainability%20assessment%20method.pdf Faiz, Mohd Turan and Kartina, Johan and Nur Atiqah, Omar (2018) Development of hydropower sustainability assessment method in Malaysia context. In: IOP Conference Series: Materials Science and Engineering, The 4th Asia Pacific Conference on Manufacturing Systems and the 3rd International Manufacturing Engineering Conference , 7-8 December 2017 , Yogyakarta, Indonesia. pp. 1-6., 319 (012006). ISSN 1757-899X https://doi.org/10.1088/1757-899X/319/1/012006
spellingShingle TS Manufactures
Faiz, Mohd Turan
Kartina, Johan
Nur Atiqah, Omar
Development of hydropower sustainability assessment method in Malaysia context
title Development of hydropower sustainability assessment method in Malaysia context
title_full Development of hydropower sustainability assessment method in Malaysia context
title_fullStr Development of hydropower sustainability assessment method in Malaysia context
title_full_unstemmed Development of hydropower sustainability assessment method in Malaysia context
title_short Development of hydropower sustainability assessment method in Malaysia context
title_sort development of hydropower sustainability assessment method in malaysia context
topic TS Manufactures
url http://umpir.ump.edu.my/id/eprint/20900/1/Development%20of%20hydropower%20sustainability%20assessment%20method.pdf
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