The relationship between corporate social responsibility disclosures and financial performance: a mediating role of employee productivity

This study is trying to explore the relationship between corporate social responsibility (CSR) disclosures and financial performances (FP) through mediating role of the employee productivity (EP). This study classifies the CSR performances into four contexts, for instance, environment social governance (ESG), environmental improvement activity scores of CSR, social welfare activity score, and governance structure improvement score. The banking performance is classified into three different aspects such as returns on assets (ROA), returns on equity (ROE), and nominal interest margin profit (NIMP). The study covers the data set start from 2008 to 2019 regarding thirty commercial banks of China. The study uses the linear, non-linear, and quadratic techniques to explore the association between CSR disclosures and banking performances. The linear model result shows that the governance score is significant influencing the banking performance. Moreover, the employee productivities are also positive significant affecting the baking performances. The non-linear results of model show that composite score of ESG with employee productivity has significant influence on financial performance.

     

Book reviews

Environment Systems and Decisions -     

Selective separation of cobalt versus nickel by split-phosphinate complexation using a phosphonium-based ionic liquid

Environmental Chemistry Letters - The rising demand of metals for batteries is calling for advanced methods to separate metallic mixtures in mineral ores and electronic waste. In particular, the...     

Fresh evidence on connectedness between prominent markets during COVID-19 pandemic

Environmental Science and Pollution Research - Various empirical studies have examined the nexus between financial markets, but this study focused on the comovement among prominent markets. Our...     

An integrated method for the rapid dewatering and solidification/stabilization of dredged contaminated sediment with a high water content

• An integrated method, called PHDVPSS, was proposed for treating DCS. • The PHDVPSS method showed superior performance compared to conventional method. • Using the method, water content (%) of DCS decreased from 300 to<150 in 3 days. • The 56-day UCS from this method is 12‒17 times higher than conventional method. • Relative to PC, GGBS-MgO binder yielded greater reduction in the leachability. To more efficiently treat the dredged contaminated sediment (DCS) with a high water content, this study proposes an integrated method (called PHDVPSS) that uses the solidifying/stabilizing (S/S) agents and prefabricated horizontal drain (PHD) assisted by vacuum pressure (VP). Using this method, dewatering and solidification/stabilization can be carried out simultaneously such that the treatment time can be significantly shortened and the treatment efficacy can be significantly improved. A series of model tests was conducted to investigate the effectiveness of the proposed method. Experimental results indicated that the proposed PHDVPSS method showed superior performance compared to the conventional S/S method that uses Portland cement (PC) directly without prior dewatering. The 56-day unconfined compressive strength of DCS treated by the proposed method with GGBS-MgO as the binder is 12‒17 times higher than that by the conventional S/S method. DCS treated by the PHDVPSS method exhibited continuous decrease in leaching concentration of Zn with increasing curing age. The reduction of Zn leachability is more obvious when using GGBS-MgO as the binder than when using PC, because GGBS-MgO increased the residual fraction and decreased the acid soluble fraction of Zn. The microstructure analysis reveals the formation of hydrotalcite in GGBS-MgO binder, which resulted in higher mechanical strength and higher Zn stabilization efficiency.     

Estimation of aerosol optical depth in relation to meteorological parameters over eastern and western routes of China Pakistan economic corridor

This study finds out seasonal and monthly variations in Aerosol Optical Depth (AOD) over eastern and western routes of China Pakistan Economic Corridor (CPEC) and the relationship between AOD and meteorological parameters (i.e., temperature, rainfall and wind speed). The Moderate Resolution Imaging Spectroradiometer (MODIS) and Multi-angle Imaging Spectroradiometer (MISR) data was used from the terra satellite for the period of 2000-2016. This study aims to overtake the conventional view of the purpose of using the satellite datasets. This study takes on to the concept that validated satellite data sets rather should be used for the analysis instead of just validation specifically for our study region. Hence, after comparing MODIS AOD with MISR AOD, only MISR AOD dataset is used for further analysis. The results show a decreasing trend of AOD in summer season, a positive relationship between temperature and AOD during winter and spring seasons whereas a positive relationship between wind speed and AOD in winter and spring seasons over eastern and western routes. Periodic analysis of MODIS AOD and MISR AOD depicts May-Aug as the peak period of aerosol concentration over central Pakistan. The inter-annual analysis shows the aerosol trend remained higher during summer season however rainfall shows the washout effect. Eastern route has higher standard deviation and larger values for aerosol prevalence as compared to western route. The trajectory analysis using the HYSPLIT model suggests the bias of air mass trajectory caused deviation in the aerosol trend in the year 2014.     

A CFD study of the transport and fate of airborne droplets in a ventilated office: The role of droplet−droplet interactions

• Coulomb and Lennard−Jones forces were considered for droplet interactions. • The net droplet interactions were repulsive. • Repulsive droplet interactions increased the transport of droplets. • Repulsive droplet interactions significantly modified the fate of droplets. Previous studies reported that specially designed ventilation systems provide good air quality and safe environment by removing airborne droplets that contain viruses expelled by infected people. These water droplets can be stable in the environment and remain suspended in air for prolonged periods. Encounters between droplets may occur and droplet interactions should be considered. However, the previous studies focused on other physical phenomena (air flow, drag force, evaporation) for droplet transport and neglected droplet interactions. In this work, we used computational fluid dynamics (CFD) to simulate the transport and fate of airborne droplets expelled by an asymptomatic person and considered droplet interactions. Droplet drag with turbulence for prediction of transport and fate of droplets indicated that the turbulence increased the transport of 1 μm droplets, whereas it decreased the transport of 50 μm droplets. In contrast to only considering drag and turbulence, consideration of droplet interactions tended to increase both the transport and fate. Although the length scale of the office is much larger than the droplet sizes, the droplet interactions, which occurred at the initial stages of release when droplet separation distances were shorter, had a significant effect in droplet fate by considerably manipulating the final locations on surfaces where droplets adhered. Therefore, it is proposed that when an exact prediction of transport and fate is required, especially for high droplet concentrations, the effects of droplet interactions should not be ignored.     

Characterization of polychlorinated biphenyls and brominated flame retardants in surface soils from Surabaya, Indonesia

In this study, soil contamination by PCBs, PBDEs, HBCDs and two novel BFRs such as 1,2-bis-(2,4,6-tribromopenoxy) ethane (BTBPE) and decabromodiphenyl ethane (DBDPE) in various locations such as industrial, urban, rural, dumping site and agricultural areas of Surabaya, Indonesia has been characterized in order to evaluate their contamination status, profiles, potential sources, fate and behavior. Range and median concentrations of PCBs, PBDEs, HBCDs, BTBPE and DBDPE were ND - 9.6 (1.2), 0.069 - 24 (7.4), ND - 1.8 (0.48), ND - 1.7 (0.14) and ND - 7.6 (2.2) ng g⁻¹ dw, respectively. Industrial, urban and dumping areas were inventoried as the main sources of these pollutants. Decreasing gradient levels were observed for these contaminants from industrial district, urban, dumping site, rural and agricultural areas, in that order. Furthermore, organic carbon contents and proximity to the point sources were found as the major controlling factors. Contaminant profiles were characterized by the predominance of hexa-, hepta- and penta-homologues for PCBs; deca-, nona- and octa- for PBDEs and α-isomer for HBCDs. Product mixtures such as Ar1260/KC600 and Ar1254/KC500 for PCBs, deca- and octa-BDEs for PBDEs were the possible common formulations used in study area. To our knowledge, this is a first comprehensive study on characterization of soil contamination by PCBs, PBDEs and HBCDs together with two novel BFRs in a highly industrialized city located in tropical region. This study provides baseline information for establishing national monitoring programs in Indonesia.     

Production and characterization of biodiesel from Eriobotrya Japonica seed oil: an optimization study

Biodiesel is now-a-days recognized as a real potential alternative to petroleum-derived diesel fuel due to its number of desirable characteristics. However, its higher production cost resulting mainly due to use of costly food-grade vegetable oils as raw materials is the major barrier to its economic viability. Present work is an attempt to explore the potential of Eriobotrya japonica seed oil for the synthesis of biodiesel using alkali-catalyzed transesterification. Optimization of production parameters, namely molar ratio of alcohol to oil, amount of catalyst, reaction time and temperature, was carried out using Taguchi method. Fatty acid composition of both oil and biodiesel was determined using GC and H¹ NMR. Alcohol to oil molar ratio of 6:1, catalyst amount of 1% wt/wt, 2 h reaction time and 50 ^°C reaction temperature were found to be the optimum conditions for obtaining 94.52% biodiesel. Highest % contribution was shown by the ‘amount of catalyst’ (67.32%) followed by molar ratio of alcohol to oil (25.51%). Major fuel properties of E. japonica methyl esters produced under optimum conditions were found within the specified limits of ASTM D6751 for biodiesel, hence it may be considered a prospective substitute of petro-diesel.