Environmental sustainability – aspects and criteria in forest biorefineries

Annukka Näyhä and Susanna Horn

Sustainability Accounting, Management and Policy Journal, 2012, vol. 3, issue 2, 161-185

Abstract: Purpose - The purpose of this study is to examine what the most significant aspects of environmental sustainability in the forest biorefinery sector are and what kind of criteria should be applied to an evaluation of environmental sustainability in the forest biorefinery context. Design/methodology/approach - The topic is approached by themed interviews in Scandinavia and North America with 23 representatives from the forest and bioproducts sectors. The interviews were examined using the thematic analysis method. Findings - The study indicates that environmental sustainability may be an important driver for the forest biorefinery business. From the perspective of environmental sustainability, harvesting feedstock will be the most challenging part of the value chain to manage. Raw material availability and its sustainability, life‐cycle perspective and beneficial products were the most important criteria in the environmental sustainability assessment of forest biorefinery value chain companies. Practical implications - A sector‐specific guideline was formulated for the most important criteria to be included in an environmental sustainability assessment of forest biorefinery value chain companies. The criteria comprise the first step of a more elaborate evaluation framework, which can provide more accurate information about the sustainability performance of biorefinery value chain companies. The criteria can encourage companies to analyze environmental sustainability challenges holistically, increase a company's transparency for its stakeholders and offer information to investors about the environmental status of the company. Originality/value - The novelty of the study lies in the sector‐specific, holistic environmental sustainability evaluation in the emerging forest biorefineries.

Keywords: Forest biorefineries; Environmental sustainability aspects and criteria; Raw material availability and sustainability; Sustainable development; Environmental management; Fuels (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eme:sampjp:20408021211282304

DOI: 10.1108/20408021211282304

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