Blog
About

3
views
0
recommends
+1 Recommend
1 collections
    0
    shares
      • Record: found
      • Abstract: found
      • Article: found

      THE ROLE OF UMBRELLA AGREEMENTS IN ACHIEVING SUSTAINABILITY GOALS: ENERGY EFFICIENCY AT THE EMPIRE STATE BUILDING

      Read this article at

      ScienceOpenPublisher
      Bookmark
          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          In this paper we investigate whether innovative and flexible contractual arrangements can support the process of achieving ambitious sustainability goals. We explore this question through an analysis of the role of umbrella agreements in driving energy savings in the building sector. Drawing on a case study of the iconic Empire State building, we examine the typical challenges faced by clients and contractors in devising suitable agreements that facilitate managing contractual and performance risks, as well as the sharing of responsibilities and cooperation between multiple project stakeholders. We find that the project arrangements appear to exhibit the adoption of the key characteristics commonly found in umbrella agreements which incorporate sustainability measures that maximize income through efficient delivery of outcomes. Specifically, this means that they need to enable stakeholders to manage repeated review cycles, complex perceptions and expectations, and different tacit assumptions and codes of behaviour, as well as managing and communicating in networks and obtaining agreement also from non-contractual parties. Moreover, we demonstrate that umbrella agreements can facilitate a network perspective of business relationships by emphasizing value co-creation and the embeddedness of firms within a network of interactions.

          Related collections

          Most cited references 67

          • Record: found
          • Abstract: not found
          • Article: not found

          What passes as a rigorous case study?

            Bookmark
            • Record: found
            • Abstract: not found
            • Article: not found

            Servitization of business: Adding value by adding services

              Bookmark
              • Record: found
              • Abstract: not found
              • Article: not found

              Planetary Boundaries: Ecological Foundations for Corporate Sustainability

                Bookmark

                Author and article information

                Journal
                jgrb
                Journal of Green Building
                College Publishing
                1552-6100
                1943-4618
                1943-4618
                Winter 2016
                : 11
                : 1
                : 71-94
                Author notes

                1. Warwick Business School, University of Warwick, Scarman Road, Coventry, CV4 7AL, +44 (0)24 7652 2311, frederik.dahlmann@ 123456wbs.ac.uk (corresponding author)

                2. Royal United Hospital Bath, Combe Park Bath, Somerset BA1 3NG, +44 (0) 1225 428331, Gareth.veal@ 123456gmail.com

                Article
                jgb.11.1.71
                10.3992/jgb.11.1.71.1
                ©2016 by College Publishing. All rights reserved.
                Page count
                Pages: 24
                Product
                Categories
                RESEARCH

                Comments

                Comment on this article