Date of Award
Edward Van Buren
Widely considered to be the next big industry boom, the sustainability trend and the multiplier effect it will carry to other industry sectors are being compared to the significance and impact of the industrialization age. To list a few categories under the main framework of sustainability are renewable energy, energy storage, waste management, and water conservation. Of these, renewable energy and water conservation are the most important. Energy is the backbone of any economy, and water is the most important commodity – not only does water sustain life, there is also no known alternative. Although effort has been made to proliferate sustainable trends and work sustainable factors into financial analysis or policy making, many companies and governments remain complacent with business‐as‐usual (BAU) methods. It is important to reevaluate, develop, and integrate new criteria and benchmarks into risk analysis, and ultimately, our decision‐making processes.
Bantigue, Miguel, "Simulating Climate Risk Into Markets and Policies: A New Approach to Financial Analysis and Policy Formation" (2012). Student Theses 2001-2013. 37.