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A recent study in the journal Science has shown that when you take all impacts into consideration, ethanol consumption increases greenhouse gas emissions compared with regular gasoline.
The challenge for business is translating desired development impacts into opportunities, says Erik Simanis, a consultant on corporate growth and innovation.
The idea behind the SCC is easy to understand and intuitively attractive: If we're not pricing climate change impacts into activities that release climate-forcing gases like CO2, then our decisions are economically inefficient and lead to more emissions.
By converting non-financial impacts into monetary terms reflecting impacts on the environment and the concomitant negative effects on society, the E P&L shows which of PUMA's environmental impacts are the greatest and where these impacts occur.
In order to tot up these differently paced warming impacts into a single carbon footprint number for a flight or any other activity, it's necessary to decide what time frame you're talking about.
Many of these points seem to be drifting some way from the concept of protecting biodiversity as is the idea that importing countries should be able to take potential socio-economic impacts into account when they make their AIAs.
Businesses' decisions on investing in conflict-affected countries – how they take socio-political and environmental impacts into consideration, their approach towards the people they employ, their relationship with communities and their security arrangements – are factors that affect the environment they are operating in.
Meanwhile, Dow is incorporating environmental impacts into planning and assessing the risk of hazardous chemical transportation.
Two studies published 26 May in Geophysical Research Letters attempt to translate these potential impacts into hard numbers.
The new model classifies building impacts into three safeguard areas: ecosystems, natural resources and human health.
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Taking this into account, the assessment attempts to put identified 'impacts' into a relevant context.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com