IDEAS home Printed from https://ideas.repec.org/a/ids/ijetma/v2y2002i4p328-343.html
   My bibliography  Save this article

Environmental sustainability and capital investment appraisal

Author

Listed:
  • Tom McDermott, Alan Stainer, Lorice Stainer

Abstract

Capital investment appraisal and its associated techniques are discussed in relation to the environment and its sustainability. Economic feasibility is to be linked to health, safety and comfort as well as conservation, preservation and regeneration. Environmental policies must be integrated with capital investment decisions; this is because conventional investment appraisal procedures are often unsuitable for the green agenda to sustain nature. Moreover, contemporary strategic decision makers are becoming increasingly aware of their economic as well as their social responsibilities by having to confront the dual business objectives of being competitive and ethical. Methods are provided to incorporate more relevantly the environmental challenges into capital project decisions, focusing upon quality of life outcomes.

Suggested Citation

  • Tom McDermott, Alan Stainer, Lorice Stainer, 2002. "Environmental sustainability and capital investment appraisal," International Journal of Environmental Technology and Management, Inderscience Enterprises Ltd, vol. 2(4), pages 328-343.
    • Handle: RePEc:ids:ijetma:v:2:y:2002:i:4:p:328-343
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=795
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:ids:ijetma:v:2:y:2002:i:4:p:328-343. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=11 .

    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.