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The SDGs and the sustainability assessment of private-sector projects

Theoretical conceptualisation and comparison with current practice using the case study of the Asian Development Bank

Bibliographic Data

ID21153385
AuthorsTheo Hacking (0000-0003-0205-0610, Cambridge Institute for Sustainability Leadership, University of Cambridge, Cambridge, UK, corresponding author)
Year2019
Volume37
Issue1
Pages2-16
Publication date2019-01-02
Open AccessNo
TypeARTICLE
VenueImpact Assessment and Project Appraisal (JOURNAL)
Journal identifiersISSN: 1461-5517 • E-ISSN: 1471-5465
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/14615517.2018.1477469
OpenAlexW2805340671
LanguageEN
Citations received19
References cited30

The Sustainable Development Goals (SDGs) are receiving increasing attention in the private sector; however ex post assessment of operational sustainability performance remains well in advance of ex ante sustainability assessment of capital projects. It is also not yet commonplace to structure emergent forms of sustainability assessment to support the SDGs explicitly. This article reviews theoretical frameworks that aim to conceptualise sustainability assessment, and then explores the potential to develop SDG-focussed forms for use at the project-level. The extent of enhancement needed to current practice is illustrated using the case study of the Asian Development Bank. This analysis reveals that sustainability is being presented as a goal of project-level assessment and there has been progress towards delivering on this by, in particular, extending the thematic coverage. Amongst the key challenges remaining are how to address trade-offs (typically unavoidable for projects) and how to connect the SDGs, set at a global level, to the local-level where projects are considered. These findings, which reveal the gap between theory and practice, can inform efforts to develop SDG-focussed sustainability assessment

Business · Economic growth · Economics · Environmental planning · Environmental resource management · Impact assessment · Political science · Private sector · Process management · Sustainability · Sustainable development · Computer Science · Environmental and Social Impact Assessments · Mining and Resource Management · Public Administration · Sustainable Building Design and Assessment

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Citations per year3.17
Citation span2020 - 2025 (6)
Highly citedNo

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