A systemic environmental impact metric for companies and investors. Environmental-Social-Governance (ESG) metrics are marketed as measures of environmental performance, but they often track exposure t

Description

A systemic environmental impact metric for companies and investors. Environmental-Social-Governance (ESG) metrics are marketed as measures of environmental performance, but they often track exposure to environmental risk rather than generation of environmental impacts. This project aims to develop and test a science-based, systemic environmental impact score for corporate activities. Expected outcomes include new knowledge of cross-scale interactions in the Earth system and tools to assess a business or investment’s systemic environmental impacts from activities including water extraction, deforestation and carbon emissions. These outcomes should provide benefits including improved business decision-making on impact mitigation, environmental quality, productivity and corporate environmental reputation.. Scheme: Discovery Projects. Field: 4104 - Environmental Management. Lead: A/Prof Steven Lade