Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies
Assessing the sustainability issues of the green energy companies is a multiple criterion decision that includes both quantitative and qualitative elements. The sustainability-balanced scorecard (SBSC) for sustainability evaluation is more difficult than an internal evaluation and it requires more s...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2022-02-01
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| Series: | Technological and Economic Development of Economy |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/TEDE/article/view/16334 |
| _version_ | 1818987152531259392 |
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| author | Ming-Tsang Lu Shih-Chia Chang Li-Hua Huang |
| author_facet | Ming-Tsang Lu Shih-Chia Chang Li-Hua Huang |
| author_sort | Ming-Tsang Lu |
| collection | DOAJ |
| description | Assessing the sustainability issues of the green energy companies is a multiple criterion decision that includes both quantitative and qualitative elements. The sustainability-balanced scorecard (SBSC) for sustainability evaluation is more difficult than an internal evaluation and it requires more serious investigation in the green energy companies. This paper objectives to mix this sustainability evaluation and use fuzzy information with the SBSC. The study presents a fuzzy DEMATEL (decision-making trial and evaluation laboratory) method to develop an assessment model that integrates triangular fuzzy numbers, and DEMATEL to develop a fuzzy assessment, which prioritizes the relative influence of SBSC for green energy companies’ elements. First, this paper conducts a literature review on SBSC regarding sustainability issues to generate 15 elements with five aspects, which are used to measure the sustainability assessment. Next, fuzzy DEMATEL is employed to manage the uncertain linguistic terms, then to set up an influential network relationship map (INRM). This suggested model provides a structure for the related green energy companies to select the evaluation method and could arrange the sustainability approach according to future competitive pressure. The result shows that environmental aspect is the most direct effect and social aspect is the most important effect aspect to the other aspects.
First published online 10 February 2022 |
| first_indexed | 2024-12-20T19:02:09Z |
| format | Article |
| id | doaj.art-2b2f00f1f6c24916b0e54e62c3cd3940 |
| institution | Directory Open Access Journal |
| issn | 2029-4913 2029-4921 |
| language | English |
| last_indexed | 2024-12-20T19:02:09Z |
| publishDate | 2022-02-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Technological and Economic Development of Economy |
| spelling | doaj.art-2b2f00f1f6c24916b0e54e62c3cd39402022-12-21T19:29:21ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212022-02-01282483–499483–49910.3846/tede.2022.1633416334Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companiesMing-Tsang Lu0Shih-Chia Chang1Li-Hua Huang2Department of Business Administration, National Taipei University of Business, No. 321, Sec. 1, Jinan Rd., Zhongzheng District, 10051 Taipei, TaiwanDepartment of Business Administration, National Taipei University of Business, No. 321, Sec. 1, Jinan Rd., Zhongzheng District, 10051 Taipei, TaiwanDepartment of Accounting Information, National Taipei University of Business, No. 321, Sec. 1, Jinan Rd., Zhongzheng District, 10051 Taipei, TaiwanAssessing the sustainability issues of the green energy companies is a multiple criterion decision that includes both quantitative and qualitative elements. The sustainability-balanced scorecard (SBSC) for sustainability evaluation is more difficult than an internal evaluation and it requires more serious investigation in the green energy companies. This paper objectives to mix this sustainability evaluation and use fuzzy information with the SBSC. The study presents a fuzzy DEMATEL (decision-making trial and evaluation laboratory) method to develop an assessment model that integrates triangular fuzzy numbers, and DEMATEL to develop a fuzzy assessment, which prioritizes the relative influence of SBSC for green energy companies’ elements. First, this paper conducts a literature review on SBSC regarding sustainability issues to generate 15 elements with five aspects, which are used to measure the sustainability assessment. Next, fuzzy DEMATEL is employed to manage the uncertain linguistic terms, then to set up an influential network relationship map (INRM). This suggested model provides a structure for the related green energy companies to select the evaluation method and could arrange the sustainability approach according to future competitive pressure. The result shows that environmental aspect is the most direct effect and social aspect is the most important effect aspect to the other aspects. First published online 10 February 2022https://journals.vgtu.lt/index.php/TEDE/article/view/16334sustainabilitysustainability-balanced scorecard (sbsc)green energy companiesinfluential network relationship map |
| spellingShingle | Ming-Tsang Lu Shih-Chia Chang Li-Hua Huang Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies Technological and Economic Development of Economy sustainability sustainability-balanced scorecard (sbsc) green energy companies influential network relationship map |
| title | Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies |
| title_full | Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies |
| title_fullStr | Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies |
| title_full_unstemmed | Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies |
| title_short | Using the sustainability-balanced scorecard for assessing sustainability issues of the green energy companies |
| title_sort | using the sustainability balanced scorecard for assessing sustainability issues of the green energy companies |
| topic | sustainability sustainability-balanced scorecard (sbsc) green energy companies influential network relationship map |
| url | https://journals.vgtu.lt/index.php/TEDE/article/view/16334 |
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