Barriers to institutional social sustainability

Chemical characteristics of bottom ash from biomedical waste incinerators in Ghana

Biomedical waste (BMW) incineration is the most used alternative disposal method in developing countries, such as Ghana. The improper disposal of incinerator-generated bottom ash (BA) is a significant concern due to the hazardous nature of waste. A study was conducted at Tema Hospital (TGH) and Asuogyaman Hospital (VRAH) incinerator sites. The BA samples were sent to the Council for Scientific and Industrial Research, Institute of Industrial Research, Ghana. The BA samples were weighed with fisher analytical balance, ground, and sieved with standard grade meshes of 120, 100, and 80 to determine the BA particle size distribution. The chemical composition and heavy metals were analysed using X-ray fluorescence spectrometry (XRF) and atomic absorption spectroscopy (AAS) techniques. The results indicated the chemical composition of the analysed BA samples was CaCO₃ (49.90%), CaO (27.96%) and MgCO₃ (6.02%) for TGH and CaCO₃ (48.30%), CaO (27.07%), and SiO₂ (6.10%) for VRAH, respectively. The mean concentration (M) (kg m^-3) and standard deviation (SD) for TGH in the BA were 7.082 ± 0.478 (Ti), 4.657 ± 0.127 (Zn) and 4.271 ± 1.263 (Fe), while that of VRAH consisted of 10.469 ± 1.588 (Ti), 7.896 ± 2.154 (Fe) and 4.389 ± 0.371 (Zn). Therefore, the heavy metals' mean concentration at the BA is above the WHO permissible limits of soil, i.e., 0.056 kg m^-3 (Ti), 0.085 kg m^-3 (Pb), 0.100 kg m^-3 (Cr) and 0.036 kg m^-3 (Cu). Furthermore, the heavy metal mean concentrations of TGH and VRAH present in the BA analysed samples were ranked in descending order: Ti > Zn > Fe and Ti > Fe > Zn, respectively. It is therefore recommended that BA must be properly disposed of because of the hazardous nature of heavy metals present in the analysed samples, which are able to cause environmental and public health issues.

Does CSR governance matters for corporate value creation: exploring the nexus between corporate sustainability governance and investment efficiency of acquirers in Pakistan

This study examines the potential effects of corporate sustainability governance on the investment efficiency of asset acquirers. Using secondary data gathered from the annual reports of sample firms and the global reporting initiatives data repository from 1991-2021, the study results indicate that the provision of sustainable governance better facilitates the efficient allocation of capital and acquirer's value creation. Subject to the individual effects, we find that the economic sustainability disclosure, social sustainability disclosure, and environmental sustainability disclosure have positive and significant effect on the investment efficiency of acquirers that increases the competitiveness of a company's investment. Outcomes further revealed that market risk disclosure and shareholder activism have a strong moderating impact on the relationship between sustainability governance and acquirers efficiency, which significantly complements the acquirer's value. The study findings put forward policy directions that the enforcement of persistent sustainability governance practices has more potential to maximize acquirer's investment.