IDEAS home Printed from https://ideas.repec.org/a/wly/corsem/v18y2011i4p209-219.html
   My bibliography  Save this article

Application of a fuzzy hierarchical model to the assessment of corporate social and environmental sustainability

Author

Listed:
  • Vassilis S. Kouikoglou
  • Yannis A. Phillis

Abstract

Corporate responsibility has many facets. A corporation should organize its operations so that its environmental impact is minimal, its economic state is viable, labor conditions are good, and compliance with laws and regulations is satisfactory, among others. Corporate responsibility is intimately connected to corporate sustainability which expresses the economic, environmental, and social standing of a company. A responsible corporation embraces the principle of transparency of data pertaining to its performance and its policies and strives for strategies that enhance its sustainability. A model is presented that uses hierarchical fuzzy reasoning to assess corporate sustainability, given a number of inputs, called basic indicators. Inputs are normalized according to their sustainability status and then combined to obtain a sustainability index on [0, 1] for each facet of the corporation. A sensitivity analysis pinpoints the most important indicators affecting sustainability. Two case studies of multinational cement companies are presented in detail. Copyright © 2010 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Vassilis S. Kouikoglou & Yannis A. Phillis, 2011. "Application of a fuzzy hierarchical model to the assessment of corporate social and environmental sustainability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 18(4), pages 209-219, July.
    • Handle: RePEc:wly:corsem:v:18:y:2011:i:4:p:209-219
    DOI: 10.1002/csr.241
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/csr.241
    Download Restriction: no
    File URL: https://libkey.io/10.1002/csr.241?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Graafland, J.J. & Eijffinger, S.C.W. & Smid, H., 2004. "Benchmarking of corporate social responsibility : Methodological problems and robustness," Other publications TiSEM 730f0e78-0c51-4c83-bbab-c, Tilburg University, School of Economics and Management.
    2. Phillis, Yannis A. & Andriantiatsaholiniaina, Luc A., 2001. "Sustainability: an ill-defined concept and its assessment using fuzzy logic," Ecological Economics, Elsevier, vol. 37(3), pages 435-456, June.
    3. Andriantiatsaholiniaina, Luc A. & Kouikoglou, Vassilis S. & Phillis, Yannis A., 2004. "Evaluating strategies for sustainable development: fuzzy logic reasoning and sensitivity analysis," Ecological Economics, Elsevier, vol. 48(2), pages 149-172, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sepehr Hendiani & Huchang Liao & Morteza Bagherpour & Manuela Tvaronavičienė & Audrius Banaitis & Jurgita Antucheviciene, 2020. "Analyzing the Status of Sustainable Development in the Manufacturing Sector Using Multi-Expert Multi-Criteria Fuzzy Decision-Making and Integrated Triple Bottom Lines," IJERPH, MDPI, vol. 17(11), pages 1-19, May.
    2. Eleonora Bottani & Maria Carmen Gentilotti & Marta Rinaldi, 2017. "A Fuzzy Logic-Based Tool for the Assessment of Corporate Sustainability: A Case Study in the Food Machinery Industry," Sustainability, MDPI, vol. 9(4), pages 1-29, April.
    3. Luciano Barcellos‐Paula & Carlos Agüero‐Olivos, 2022. "The strengthening of corporate governance based on applied fuzzy logic," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1736-1746, September.
    4. Maximilian Zarte & Agnes Pechmann & Isabel L. Nunes, 2021. "Fuzzy Inference Model for Decision Support in Sustainable Production Planning Processes—A Case Study," Sustainability, MDPI, vol. 13(3), pages 1-29, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tsoutsos, Theocharis & Drandaki, Maria & Frantzeskaki, Niki & Iosifidis, Eleftherios & Kiosses, Ioannis, 2009. "Sustainable energy planning by using multi-criteria analysis application in the island of Crete," Energy Policy, Elsevier, vol. 37(5), pages 1587-1600, May.
    2. Mattia Amadio & Jaroslav Mysiak & Sepehr Marzi, 2019. "Mapping Socioeconomic Exposure for Flood Risk Assessment in Italy," Risk Analysis, John Wiley & Sons, vol. 39(4), pages 829-845, April.
    3. Phillis, Yannis A. & Kouikoglou, Vassilis S., 2012. "System-of-Systems hierarchy of biodiversity conservation problems," Ecological Modelling, Elsevier, vol. 235, pages 36-48.
    4. Phillis, Yannis A. & Grigoroudis, Evangelos & Kouikoglou, Vassilis S., 2011. "Sustainability ranking and improvement of countries," Ecological Economics, Elsevier, vol. 70(3), pages 542-553, January.
    5. Rolando Manuel Gonzáles Martínez, 2012. "¿How plural is the plural economy of Bolivia? Constructing a plural economy indicator with fuzzy sets," Revista de Análisis del BCB, Banco Central de Bolivia, vol. 16(1), pages 9-29, June.
    6. Eleonora Bottani & Maria Carmen Gentilotti & Marta Rinaldi, 2017. "A Fuzzy Logic-Based Tool for the Assessment of Corporate Sustainability: A Case Study in the Food Machinery Industry," Sustainability, MDPI, vol. 9(4), pages 1-29, April.
    7. Juana Rivera-Lirio & María Muñoz-Torres, 2010. "The Effectiveness of the Public Support Policies for the European Industry Financing as a Contribution to Sustainable Development," Journal of Business Ethics, Springer, vol. 94(4), pages 489-515, July.
    8. Locatelli, Bruno & Rojas, Varinia & Salinas, Zenia, 2008. "Impacts of payments for environmental services on local development in northern Costa Rica: A fuzzy multi-criteria analysis," Forest Policy and Economics, Elsevier, vol. 10(5), pages 275-285, April.
    9. Leslier Valenzuela-Fernández & Manuel Escobar-Farfán, 2022. "Zero-Waste Management and Sustainable Consumption: A Comprehensive Bibliometric Mapping Analysis," Sustainability, MDPI, vol. 14(23), pages 1-24, December.
    10. Adam Arian & John Sands & Stuart Tooley, 2023. "Industry and Stakeholder Impacts on Corporate Social Responsibility (CSR) and Financial Performance: Consumer vs. Industrial Sectors," Sustainability, MDPI, vol. 15(16), pages 1-21, August.
    11. Yue Qi & Xiaolin Li, 2020. "On Imposing ESG Constraints of Portfolio Selection for Sustainable Investment and Comparing the Efficient Frontiers in the Weight Space," SAGE Open, , vol. 10(4), pages 21582440209, December.
    12. Graafland, J.J. & Kaptein, M. & Mazereeuw V/d Duijn Schouten, C., 2010. "Motives of Socially Responsible Business Conduct," Other publications TiSEM 3053983b-5552-408c-86a4-b, Tilburg University, School of Economics and Management.
    13. Tonnang, Henri E.Z. & Hervé, Bisseleua D.B. & Biber-Freudenberger, Lisa & Salifu, Daisy & Subramanian, Sevgan & Ngowi, Valentine B. & Guimapi, Ritter Y.A. & Anani, Bruce & Kakmeni, Francois M.M. & Aff, 2017. "Advances in crop insect modelling methods—Towards a whole system approach," Ecological Modelling, Elsevier, vol. 354(C), pages 88-103.
    14. Andriantiatsaholiniaina, Luc A. & Kouikoglou, Vassilis S. & Phillis, Yannis A., 2004. "Evaluating strategies for sustainable development: fuzzy logic reasoning and sensitivity analysis," Ecological Economics, Elsevier, vol. 48(2), pages 149-172, February.
    15. Jeremy Galbreath, 2016. "When do Board and Management Resources Complement Each Other? A Study of Effects on Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 136(2), pages 281-292, June.
    16. Jarkko Levänen & Mokter Hossain & Tatu Lyytinen & Anne Hyvärinen & Sini Numminen & Minna Halme, 2015. "Implications of Frugal Innovations on Sustainable Development: Evaluating Water and Energy Innovations," Sustainability, MDPI, vol. 8(1), pages 1-17, December.
    17. Todorov, Vladislav & Marinova, Dora, 2011. "Modelling sustainability," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 81(7), pages 1397-1408.
    18. Jam Shahzaib Khan & Rozana Zakaria & Siti Mazzuana Shamsudin & Nur Izie Adiana Abidin & Shaza Rina Sahamir & Darul Nafis Abbas & Eeydzah Aminudin, 2019. "Evolution to Emergence of Green Buildings: A Review," Administrative Sciences, MDPI, vol. 9(1), pages 1-20, January.
    19. Łukasz Matuszak & Ewa Różańska, 2019. "A Non-Linear and Disaggregated Approach to Studying the Impact of CSR on Accounting Profitability: Evidence from the Polish Banking Industry," Sustainability, MDPI, vol. 11(1), pages 1-21, January.
    20. Madeleine Feder & Barbara E. Weißenberger, 2019. "Understanding the behavioral gap: Why would managers (not) engage in CSR-related activities?," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 30(1), pages 95-126, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:corsem:v:18:y:2011:i:4:p:209-219. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)1535-3966 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.