Deferred maintenance – a major industry challenge?

2021 ◽  
Vol 61 (2) ◽  
pp. 463
Author(s):  
Kylie Seccombe ◽  
Derrick O'Keeffe
Keyword(s):  
Environmental Performance ◽  
Maintenance Management ◽  
Management Tool ◽  
Bottom Line ◽  
Effective Learning ◽  
Deferred Maintenance ◽  
Areas Of Concern ◽  
Competing Priorities ◽  
Major Industry ◽  
Offshore Petroleum

This paper identifies key areas of concern regarding the use of deferral as a maintenance management tool. As the national regulator for offshore petroleum operations and greenhouse gas storage activities, National Offshore Petroleum Safety and Environmental Management Authority is uniquely positioned to observe the various processes and tools applied by industry in the management of maintenance for offshore facilities, including impacts on safety and the environment, while acknowledging the need for business sustainability. This Extended Abstract provides a regulator’s perspective on the use of ‘maintenance deferral’ by industry as a tool for balancing competing priorities, while ensuring the risks to people and the environment are reduced to a level that is as low as reasonably practicable. It highlights the pitfalls of maintenance deferral that may negatively influence safety and environmental performance over the life of a facility (from construction through to decommissioning) as well as on the business’ bottom line. Learnings identified from non-compliances, improvement recommendations and incidents to promote efficient and effective learning are shared to further enhance existing good practices across the industry.

scholarly journals PENGARUH ENVIRONMENTAL COST DAN ENVIRONMENTAL PERFORMANCE TERHADAP FINANCIAL PERFORMANCE (Studi Kasus pada Perusahaan Sektor Pertambangan Peserta PROPER Periode 2012 – 2016)

2019 ◽  
pp. 259
Author(s):  
Lastri Meito Nababan ◽  
Dede Abdul Hasyir
Keyword(s):  
Financial Performance ◽  
Environmental Performance ◽  
Linear Regression Analysis ◽  
Control Variable ◽  
Mining Industry ◽  
Environmental Cost ◽  
Environmental Costs ◽  
Statistical Research ◽  
Bottom Line ◽  
Return On Assets

As a result of their activities, companies are demanded by stakeholders to perform in accordance with the concept of triple bottom line: financial aspects (profit), environment (planet), and social (people). This study aims to examine the effect of environmental costs and environmental performance on the company's financial performance. Environmental costs data are retrieved from the company's sustainability reports, environmental performance is then measured by PROPER ratings, and financial performance is proxied by return on assets (ROA). In addition, company size is employed as control variable. Through purposive sampling method, seven companies were selected in the mining industry sector in the period 2012-2016 as samples. This study uses multiple linear regression analysis to test the hypothesis. The results of the research both simultaneously and partially show that environmental costs and environmental performance have a significant influence on financial performance. It can be concluded that the greater the environmental cost and the better the environmental performance (PROPER) can increase the financial performance (return on assets) of the company. Firm size as a control variable is significantly associated with environmental costs and environmental performance. The hypothesis formulated in this study was accepted and has been supported by statistical research results.

scholarly journals Uplifting the Function of Maintenance Management towards Sustainable Performance of Laboratory and Workshop in TVET Institutions

2018 ◽  
pp. 153-160
Keyword(s):  
Success Factors ◽  
Peninsular Malaysia ◽  
Vital Role ◽  
Study Data ◽  
Maintenance Management ◽  
Vocational Education And Training ◽  
Management Tool ◽  
Management Technique ◽  
Main Concern ◽  
Sustainable Performance

Strengthening of technical and vocational education and training (TVET) is one of the Malaysian government’s efforts in producing a skilled and semi-skilled workforce towards meeting the requirement from domestic industry. Under TVET education, the graduates will undergo a various of skills and technical training in either laboratories or workshops (L&W). Of significance, the equipment in L&W plays a vital role in the realization of the roles of TVET. It demand effective management tool and necessity to be in 100 percent availability. However, the literature portrays that there are some risen issues related to maintenance management of L&W, particularly related to resources such as inappropriate budget allocated for maintenance activity, unskilled staff, poor monitoring technique and utilization of conventional maintenance management technique. Hence, this study is aimed at exploring the uncovered issue related to maintenance management of L& W at the selected TVET institutions. Qualitative research methodology will be adopted in the study. Data will be collected at three TVET institutions from different region of peninsular Malaysia. The main concern of this study is three fold, first is to identify the critical success factors (CSFs) in managing the equipment of L&W in the TVET institution. The second part of this study will examine how the MM of L&W can be optimized and embraced the digital age. The study will taking into account the complex interplay between equipment or system in the L&W and the digital systems. In the third and final part of this study, those identified CSFs will be integrated towards a holistic framework to manage the L&W of TVET institution. The framework is beneficial for all stakeholders that directly or indirectly involve in managing, uplifting and sustaining the L&W of TVET institution.

scholarly journals Global benchmarking for monitoring environmental, economic, and social performance for metallurgical production enterprises

2021 ◽  
Vol 280 ◽  
pp. 02004
Author(s):  
Valentyna Lavrenenko ◽  
Hanna Yanhol ◽  
Bohdan Tishkov
Keyword(s):  
Performance Management ◽  
Environmental Performance ◽  
New Technologies ◽  
Value Added ◽  
Environmental Indicators ◽  
Practical Significance ◽  
Management Tool ◽  
Management Systems ◽  
Environmental Aspects ◽  
Resource Saving

The development of the ideology of sustainable development stimulated the emergence of companies’ Performance Management Systems with an emphasis on the environmental aspects of their activities. Benchmarking, as a modern management tool, is often used for competitive analysis and setting development goals. This study’s scientific problem is to assess the feasibility of applying benchmarking studies to assess the global industry’s environmental aspects. The purpose of the study is to identify the prerequisites for using benchmarking to improve environmental performance, as well as to identify best practices among world-leading companies. For benchmarking, a logical information model is proposed in the study. On its basis, eight world leaders were selected, trends in the industry’s development were analysed, and reference values of environmental indicators were established. For environmental performance assessment, it is proposed to use such indicators as greenhouse gas emissions, energy consumption, material efficiency, environmental management systems. Comparative benchmarking analysis of world leaders and 16 largest Ukrainian companies allowed determining the reserves for increasing environmental performance. The directions for increasing environmental performance are Investment in resource-saving technologies, production of higher value-added products, investments in energy-saving and new technologies, improvement of management systems, and certification. These ideas are complemented by recommendations for improving environmental performance, based on the Circular Economy Concept’s philosophy and Industry 4.0. The study’s practical significance is that Ukrainian companies can use their results to achieve higher environmental and economic outcomes.

scholarly journals Green Human Resource Management dan Kinerja Lingkungan: Studi Kasus pada Rumah Sakit di Kota Palembang

2020 ◽  
Vol 8 (2) ◽  
pp. 182
Author(s):  
Muhammad Ichsan Hadjri ◽  
Badia Perizade ◽  
Zunaidah Zunaidah ◽  
Wita Farla WK
Keyword(s):  
Environmental Quality ◽  
Environmental Performance ◽  
Quality Index ◽  
Manufacturing Industry ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Hospital Environment ◽  
Bottom Line ◽  
Recruitment And Selection ◽  
Green Human Resource Management

Based on the Environmental Quality Index reported by the Ministry of Environment and Forestry of the Republic of Indonesia, in 2017 the Environmental Quality Index rank of South Sumatra slipped to rank 20 nationally, wherein the previous year was ranked 16. Environmental performance was one of the factors in Environmental Quality Index. Most of the previous research on environmental performance and GHRM was carried out in the manufacturing industry analysis units, while other industrial fields have not been studied much including hospitals. In fact, the hospital is one of the business sectors that is quite related to the environment. This study aims to analyze the effect of GHRM which consists of the variables Green Recruitment and Selection (GRS), Green Training (GTR), and Green Compensation (GCO) partially or jointly on the performance of the hospital environment in Palembang City. The Grand Theory which is used in this research is Ecocentrism Theory and Triple Bottom Line. The population in this study were hospital employees at government hospitals in Palembang, totalling 2,270 people. By using the Slovin formula and the stratified proportional random sampling method, the number of samples who became respondents in this study was 248 people. This research is processed by multiple linear regression analysis techniques. The results showed that GRS, GTR, and GCO partially had a significant effect on environmental performance in hospitals in Palembang City. The results also show that GRS, GTR, and GCO together also have a significant effect on environmental performance.

Models for Measuring and Reporting of Green Performance

2018 ◽  
pp. 204-229
Author(s):  
Chirața Caraiani ◽  
Camelia I. Lungu ◽  
Cornelia Dascălu ◽  
Florian Colceag
Keyword(s):  
Economic Performance ◽  
Environmental Performance ◽  
Three Dimensions ◽  
Bottom Line ◽  
Interpretive Study ◽  
Performance Reporting ◽  
Green Performance ◽  
Comprehensive Picture ◽  
Accounting Model ◽  
Social And Environmental Performance

The main objective of this chapter is to highlight the potential effects improved social and environmental performance would have on economic performance. The use of adapted managerial tools enables entities to extend the conventional accounting model of performance towards a sustainable/green performance. The comprehensive picture of corporate communication is based on the concept of sustainability and combines three dimensions of performance: economic, social and environmental. This chapter addresses the models for reporting and managing the three aspects of performance evaluation and introduces specific concepts for measurement referring to the Triple Bottom Line performance. Debates are conducted based on an exploratory and interpretive study on social and environmental performance reporting. The correlations with corporate various characteristics are emphasized.

A maintenance management tool

Omega ◽  
1990 ◽  
Vol 18 (1) ◽  
pp. 59-70 ◽  
Author(s):  
LM Pintelon ◽  
LN Van Wassenhove
Keyword(s):  
Maintenance Management ◽  
Management Tool
Sign in / Sign up

Export Citation Format

Share Document