Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework
Abstract In recent years, the issue of sustainable development has become increasingly important in the port industry. As port policies are altered under decentralization and governance models, the application of corporate responsibility (CR) is expanding. It is now expected that ports take on envir...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2023-12-01
|
| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-023-02474-4 |
| _version_ | 1797388486302498816 |
|---|---|
| author | Xiyan Gu Yingjun Zhu Jingxia Zhang |
| author_facet | Xiyan Gu Yingjun Zhu Jingxia Zhang |
| author_sort | Xiyan Gu |
| collection | DOAJ |
| description | Abstract In recent years, the issue of sustainable development has become increasingly important in the port industry. As port policies are altered under decentralization and governance models, the application of corporate responsibility (CR) is expanding. It is now expected that ports take on environmental, social, and governance (ESG) responsibilities. This paper focuses on the application of an ESG framework to the port industry in China, with a specific emphasis on social responsibilities. By focusing on ESG-focal issues in the port industry, we establish a model for evaluating the sustainability of ports that takes into account the three dimensions of environment, society, and governance. An empirical analysis of Shanghai Port in China is presented to illustrate the application of the framework. The paper highlights the main contribution of the ESG framework to support sustainable port development and provides recommendations for promoting the implementation of ESG and sustainable development in the industry. |
| first_indexed | 2024-03-08T22:41:31Z |
| format | Article |
| id | doaj.art-8bc1894233f148ecbc071cd0a958fa85 |
| institution | Directory Open Access Journal |
| issn | 2662-9992 |
| language | English |
| last_indexed | 2024-03-08T22:41:31Z |
| publishDate | 2023-12-01 |
| publisher | Springer Nature |
| record_format | Article |
| series | Humanities & Social Sciences Communications |
| spelling | doaj.art-8bc1894233f148ecbc071cd0a958fa852023-12-17T12:10:16ZengSpringer NatureHumanities & Social Sciences Communications2662-99922023-12-0110111410.1057/s41599-023-02474-4Toward sustainable port development: an empirical analysis of China’s port industry using an ESG frameworkXiyan Gu0Yingjun Zhu1Jingxia Zhang2College of Ocean Science and Engineering, Shanghai Maritime UniversitySchool of Finance, Shanghai Lixin University of Accounting and FinanceGraduate School of Economics, Shiga UniversityAbstract In recent years, the issue of sustainable development has become increasingly important in the port industry. As port policies are altered under decentralization and governance models, the application of corporate responsibility (CR) is expanding. It is now expected that ports take on environmental, social, and governance (ESG) responsibilities. This paper focuses on the application of an ESG framework to the port industry in China, with a specific emphasis on social responsibilities. By focusing on ESG-focal issues in the port industry, we establish a model for evaluating the sustainability of ports that takes into account the three dimensions of environment, society, and governance. An empirical analysis of Shanghai Port in China is presented to illustrate the application of the framework. The paper highlights the main contribution of the ESG framework to support sustainable port development and provides recommendations for promoting the implementation of ESG and sustainable development in the industry.https://doi.org/10.1057/s41599-023-02474-4 |
| spellingShingle | Xiyan Gu Yingjun Zhu Jingxia Zhang Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework Humanities & Social Sciences Communications |
| title | Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework |
| title_full | Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework |
| title_fullStr | Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework |
| title_full_unstemmed | Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework |
| title_short | Toward sustainable port development: an empirical analysis of China’s port industry using an ESG framework |
| title_sort | toward sustainable port development an empirical analysis of china s port industry using an esg framework |
| url | https://doi.org/10.1057/s41599-023-02474-4 |
| work_keys_str_mv | AT xiyangu towardsustainableportdevelopmentanempiricalanalysisofchinasportindustryusinganesgframework AT yingjunzhu towardsustainableportdevelopmentanempiricalanalysisofchinasportindustryusinganesgframework AT jingxiazhang towardsustainableportdevelopmentanempiricalanalysisofchinasportindustryusinganesgframework |