Sustainable practices index for road construction companies – a hierarchical framework

Abstract In the alignment of ESG (Environmental, Social and Governance) growing importance for investments’ decisions this paper presents an index for evaluating sustainable practices of road construction companies. For assessing the sustainable practices, it was developed a hierarchical framework b...

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Main Authors: Paulo Fernando Fuzer Grael, Barbara Stolte Bezerra, Rosane Aparecida Gomes Battistelle
Format: Article
Language:Portuguese
Published: Universidade Federal de São Carlos 2023-11-01
Series:Gestão & Produção
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-530X2023000100218&lng=en&tlng=en
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author Paulo Fernando Fuzer Grael
Barbara Stolte Bezerra
Rosane Aparecida Gomes Battistelle
author_facet Paulo Fernando Fuzer Grael
Barbara Stolte Bezerra
Rosane Aparecida Gomes Battistelle
author_sort Paulo Fernando Fuzer Grael
collection DOAJ
description Abstract In the alignment of ESG (Environmental, Social and Governance) growing importance for investments’ decisions this paper presents an index for evaluating sustainable practices of road construction companies. For assessing the sustainable practices, it was developed a hierarchical framework based on environmental, social, and economic dimensions. The practices’ themes and its respective practices were found in the literature, and were selected and validate by an expert’ panel. That resulted in 12 practices themes and the 37 most relevant practices to the road construction sector. For each practice it was established a set of indicators. For the sustainable practices index, the dimensions and practice’s themes weights were determined using the Simplified Process Hierarchical Analysis method, applied to a second experts’ panel. By linking the sustainable practices to measurable indicators, it was possible to attain an overall sustainable practices index for road construction companies. The SPC method used in this case study emphasized practices in the “social” and “environmental” dimensions, with weights of 0.459 and 0.344. The framework elaborated is practical and expeditious, which has a feasible approach to tackling main ESG issues, helping road construction companies and governments preparedness for the new demands of investors and stakeholders.
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spelling doaj.art-ccb1cbaa8cf244d986ac37124e8015c52023-11-14T07:49:32ZporUniversidade Federal de São CarlosGestão & Produção1806-96492023-11-013010.1590/1806-9649-2023v30e11822Sustainable practices index for road construction companies – a hierarchical frameworkPaulo Fernando Fuzer Graelhttps://orcid.org/0000-0001-7003-9005Barbara Stolte Bezerrahttps://orcid.org/0000-0002-8459-4664Rosane Aparecida Gomes Battistellehttps://orcid.org/0000-0002-6958-7714Abstract In the alignment of ESG (Environmental, Social and Governance) growing importance for investments’ decisions this paper presents an index for evaluating sustainable practices of road construction companies. For assessing the sustainable practices, it was developed a hierarchical framework based on environmental, social, and economic dimensions. The practices’ themes and its respective practices were found in the literature, and were selected and validate by an expert’ panel. That resulted in 12 practices themes and the 37 most relevant practices to the road construction sector. For each practice it was established a set of indicators. For the sustainable practices index, the dimensions and practice’s themes weights were determined using the Simplified Process Hierarchical Analysis method, applied to a second experts’ panel. By linking the sustainable practices to measurable indicators, it was possible to attain an overall sustainable practices index for road construction companies. The SPC method used in this case study emphasized practices in the “social” and “environmental” dimensions, with weights of 0.459 and 0.344. The framework elaborated is practical and expeditious, which has a feasible approach to tackling main ESG issues, helping road construction companies and governments preparedness for the new demands of investors and stakeholders.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-530X2023000100218&lng=en&tlng=enSustainabilityRoad constructionSustainable practicesIndicatorsESG
spellingShingle Paulo Fernando Fuzer Grael
Barbara Stolte Bezerra
Rosane Aparecida Gomes Battistelle
Sustainable practices index for road construction companies – a hierarchical framework
Gestão & Produção
Sustainability
Road construction
Sustainable practices
Indicators
ESG
title Sustainable practices index for road construction companies – a hierarchical framework
title_full Sustainable practices index for road construction companies – a hierarchical framework
title_fullStr Sustainable practices index for road construction companies – a hierarchical framework
title_full_unstemmed Sustainable practices index for road construction companies – a hierarchical framework
title_short Sustainable practices index for road construction companies – a hierarchical framework
title_sort sustainable practices index for road construction companies a hierarchical framework
topic Sustainability
Road construction
Sustainable practices
Indicators
ESG
url http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-530X2023000100218&lng=en&tlng=en
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AT rosaneaparecidagomesbattistelle sustainablepracticesindexforroadconstructioncompaniesahierarchicalframework