Measuring sustainability performance within the Australian energy industry

Dissanayake, Nayana, Xia, Bo, & Wu, Peng (2015) Measuring sustainability performance within the Australian energy industry. In Shen, Liyin, Ye, Kunhui, & Mao, Chao (Eds.) Proceedings of the 19th International Symposium on Advancement of Construction Management and Real Estate, Springer Berlin Heidelberg, Chongqing, China, pp. 135-143.

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Sustainability has become crucial for the energy industry as projects in this industry are extensively large and complex and have significant impacts on the environment, community and economy. It demands the energy industry to proactively incorporate sustainability ideas and commit to sustainable project development. This study aims to investigate how the Australian energy industry responds to sustainability requirements and in particular what indicators used to measure sustainability performance. To achieve this, content analysis of sustainability reports, vision statements and policy statements of Australian energy companies listed in the 2013 PLATTS Top 250 Global Energy Company Rankings and government reports relating to sustainability has been conducted. The findings show that the energy companies extensively discuss sustainability aspects within three dimensions, i.e. community, environment, and economy. Their primary goals in sustainability are supplying cleaner energy for future, and doing business in a way that improves outcomes for shareholders, employees, business partners and the communities. In particular, energy companies have valued the employees of the business as a one of the key area that needs to be considered. Furthermore, the energy industry has become increasingly aware of the importance of measuring sustainability performance to achieve sustainability goals. A number of sustainability indicators have been developed on the basis of the key themes beyond economic measures. It is envisaged that findings from this research will help stakeholders in the energy industry to adopt different indicators to evaluate and ultimately achieve sustainability performance.

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ID Code: 86078
Item Type: Conference Paper
Refereed: Yes
Keywords: Sustainability, Energy Industry, Sustainability indicators, Australia
DOI: 10.1007/978-3-662-46994-1_12
ISBN: 9783662469941
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Building Construction Management and Project Planning (120201)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2015 Springer-Verlag Berlin Heidelberg
Copyright Statement: The final publication is available at Springer via
Deposited On: 29 Jul 2015 22:53
Last Modified: 02 May 2016 12:15

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