Lützkendorf, T; Fan, W and Lorenz, D (2011) Engaging financial stakeholders: Opportunities for a sustainable built environment. Building Research & Information, 39(5), pp. 483-503. ISSN 0961-3218
Abstract
The built environment is not exclusively influenced and shaped by the traditional supply-side and governmental (local and central) authorities. The financial sector has a significant influence on the built environment during the planning, construction, management and refurbishment stages. In particular, it exercises considerable influence on the realization of sustainable development principles in relation to an array of issues: climate change (mitigation and adaptation), energy efficiency, the closing of material cycles, and design and urban development quality. The major actors among financial stakeholders are differentiated and their various roles, interests, motives and options for influencing property and construction markets are analysed. The drivers are identified for increasing financial stakeholders' motivations and actions as positive agents for sustainable development in the built environment. The focus is on specific policy documents, instruments, products and mechanisms along with the supporting data, methods and decision-making processes.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | built environment; finance sector; financial stakeholders; insurance sector; sustainable buildings; sustainable development |
| Index terms: | motivation, energy efficiency, built environment, climate change, mitigation, sustainable building, sustainable development, exercise, decision-making process, option, documents, agent, motive, construction market, adaptation, urban development, insurance |
| Subjects: | sustainable construction, market analysis, practitioner, health behaviours and lifestyles, health safety and environment, decision analysis, urban design, user focus, sustainability and energy, climate science, professional development, economic analysis, psychology, financial risk, infrastructure and transport systems |
| Topics: | Information Management, Design Practice, Risk Management, Sustainability, Human Resources, Research Practice, Business Strategy, Urban Studies, Roles and Professions, Cost Management, Health and Safety |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here