Abstract
Taking into account that construction is one of the resource-intensive economic sectors, which is reflected in natural capital consumption and taking out the land resources from the turnover, it significantly affects the environmental situation. The conducted review of the previous research in the environmental analysis confirms the importance of the aforementioned problem and the urgency of research continuation to develop a tool for the environmental subsystem management in terms of companies’ sustainable development management. As a uniting tool for quantitative and qualitative analytical methods providing the basis for the choice and implementation of the strategy taking into account environmental requirements, we proposed a method for building of a construction company environmental profile, a scorecard with specific indicators underlying such profile as well as approaches for their reference level formation. To ensure the growth of the companies' environmental responsibility, it was proposed to increase the range of the estimated figures used for the formation of the construction companies' rankings including the environmental indicators into the system alongside with the economic and social figures with the account of the achieved outcomes both on the basis of the instantaneous and rate indicators.
Highlights
The modern approach to the comprehensive analysis system of the economic entities' activity is based on the concept of the sustainable development management, which was recorded in the papers of many scientists [1,2,3,4,5]
The overview of the previously conducted research outcomes makes us draw a conclusion that the environmental subsystem analysis is understudied, which makes it rather questionable that there is any comprehensive and systematic approach to the sustainable development management
The research demonstrate that the analysis of the factors influencing the process of decision taking relating to investment and innovative project funding does not include the environmental factors in any way: neither as promoting positive decision taking nor preventing ones [9]
Summary
The modern approach to the comprehensive analysis system of the economic entities' activity is based on the concept of the sustainable development management, which was recorded in the papers of many scientists [1,2,3,4,5]. Where S(ΔT) is the total of environmental payment for emissions in the atmosphere, effluents and waste disposal for the period; W(ΔT)- accidental value equal to the environmental fee payment for the period; V(ΔT)- expenses for funds depreciation of the environmental subsystem, its functioning and development This method can be applied for construction organizations and provide the basis for specific indicators by means of comparison with the revenues and profit. To analyze the natural capital, the literature proposes the following financial and non-financial indicators including environmental ones [20] From this list we selected the following criteria to apply in the construction industry: total weight of waste, effluents, emissions per types; materials made from recycled or processed waste; energy saved as a result of the measures intended for the reduction of energy consumption and energy efficiency enhancement. The scorecard and properly organized accounting and reporting as necessary information sources for analysis conduct are important for the environmental subsystem management
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
