About: Environmental certification is a research topic. Over the lifetime, 427 publications have been published within this topic receiving 10633 citations.
TL;DR: In this paper, the authors developed a different account by viewing institutions as the outcome of political contestation and by analyzing conflict and institutional entrepreneurship among a wide array of actors, and used a comparative case study design to explain the formation of social and environmental certification associations.
Abstract: Why have systems of “transnational private regulation” recently emerged to certify corporate social and environmental performance? Different conceptions of institutional emergence underlie different answers to this question. Many scholars argue that firms create certification systems to solve problems in the market—a view rooted in a conception of institutions as solutions to collective action problems. The author develops a different account by viewing institutions as the outcome of political contestation and by analyzing conflict and institutional entrepreneurship among a wide array of actors. Using a comparative case study design, the analysis shows how these arguments explain the formation of social and environmental certification associations. Both theoretical approaches are needed, but strong versions of the market‐based approach overlook an important set of dynamics that the author calls the “political construction of market institutions.” The analysis shows how both problem solving in markets and ...
TL;DR: In this article, the authors analyzed the impact of environmental and social practices on the triple bottom line of the manufacturing industry. And they found that internal environmental programs have a positive impact on the three components of the triplebottom line, whereas internal social initiatives have a negative impact on only two components: social and environmental performance.
TL;DR: In this article, the authors investigated the price effects of environmental certification on commercial real estate assets and found that eco-certified buildings have both a rental and sale price premium compared to non-Certified buildings.
Abstract: This study investigates the price effects of environmental certification on commercial real estate assets. It is argued that there are likely to be three main drivers of price differences between certified and noncertified buildings. These are additional occupier benefits, lower holding costs for investors and a lower risk premium. Drawing upon the CoStar database of U.S. commercial real estate assets, hedonic regression analysis is used to measure the effect of certification on both rent and price. The results suggest that, compared to buildings in the same submarkets, eco-certified buildings have both a rental and sale price premium.
TL;DR: In this paper, the authors focused on the environmental disclosures made in the annual reports by a sample of 109 large firms operating in Portugal during the period 2002-04 and developed an index to assess the presence of environmental disclosures in companies' annual reports and their breadth.
TL;DR: In this paper, the authors review progress made by a wide range of public, private and non-profit agencies in developing environmental standards and method to measure them, which will be set against the internationally agreed process for compliance assessment.