Eco-Value, Sustainability, and Shareholder Value: Driving Environmental Performance to the Bottom Line

Environmental Quality Management

Volumn 10, Issue 4, 2001, Pages 1-12

  Kiernan, Matthew J ^a  

^a Innovest Strategic Value Advisors   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 24644439779     PISSN: 10881913     EISSN: 15206483     Source Type: Journal    
DOI: 10.1002/tqem.1100     Document Type: Article

References (15)

1. See, for example: Kiernan, M.J. (1992, May/June). The age of eco-strategy. International Executive.
2. Kiernan, M.J. (1996). The 11 commandments of 21st century management. Upper Saddle River, NJ: Prentice Hall.
3. Kiernan, M.J., J.Levinson (1997, Winter). Environment drives financial performance: The jury is in. Environmental Quality Management, 7(2), 1–8.
4. Environics International. (2000, September). The millennium poll on corporate social responsibility. Global Issues Monitor. Toronto.
5. See, for example: Soyka, P.A., S.J.Feldman (1998, Winter). Capturing the business value of EH&S excellence. Corporate Environmental Strategy, 5(2), 61–68.
6. Feldman, S.J., , P.AmeerP.A.Soyka (1997, Winter). Does improving a firm's environmental management system and environmental performance result in a higher stock price? Journal of Investing, 6(4), 87–97.
7. Kiernan, M.J., J.Levinson (1997, Winter). Environment drives financial performance: The jury is in. Environmental Quality Management, 7(2), 1–8.
8. We define “environmental performance” here and in our company research very broadly. We use the term to include, inter alia, actual emissions performance, management architecture and commitment, and forward strategy.
9. See, for example: Bank Sarasin. (1999). Sustainable investments: An analysis of returns in relation to environmental and social criteria. Basel.
10. Bank Sarasin. (1998). Environmental shareholder value. Basel.
11. World Business Council for Sustainable Development. (1997). Environmental performance and shareholder value. Geneva.
12. World Business Council for Sustainable Development. (1996). Financing change. Geneva.
13. European Federation of Financial Analysts. (1996). Eco-efficiency and financial analysis: The financial analyst's view.
14. ICF Kaiser. (1996). Does improving a firm's environmental management system and environmental performance result in a higher stock price?
15. Centre for the Study of Financial Innovation. (1994). Measuring environmental risk. London.