A System Thinking Approach for Social and Environmental Risks in Supply Chains

2020 ◽  
pp. 417-427
Author(s):  
Fabíola Negreiros de Oliveira ◽  
Luiza Ribeiro Alves Cunha ◽  
Tharcisio Cotta Fontainha ◽  
Adriana Leiras ◽  
Paula Santos Ceryno
Keyword(s):  
Supply Chains ◽  
Environmental Risks ◽  
System Thinking ◽  
Social And Environmental Risks

scholarly journals Ecological and Economical Innovations in the Automotive Sector. Part II: Systems Integratedin the Engine Work

2019 ◽  
Vol 20 (1-2) ◽  
pp. 47-52
Author(s):  
Marta Wójcik
Keyword(s):  
Economic Analysis ◽  
Fuel Consumption ◽  
Annual Cost ◽  
Construction Materials ◽  
Environmental Risks ◽  
Automotive Sector ◽  
The World ◽  
Ecological Construction ◽  
Sector Part ◽  
Social And Environmental Risks

Nowadays, the fast growing of the automotive sector is one of the main social and environmental risks in the world. “Green” solutions in an automotive sector are included in designing, production, exploitation and the final utilization of vehicles. The reduction of harmful impact of vehicles on the environment might be achieved by the use of ecological construction materials or by the assembly of systems which influence the fuel consumption. Construction innovations, especially the application of biodegradable and recycled materials in an automotive sector, were showed in the first part of article. This paper presents the technologies which influence the operation of the engine. The aforementioned solutions in conjunction with the eco-driving can limit the harmful impact of the automotive sector on the environment. The initial economic analysis associated with the application of ecological innovations in vehicles and their impact on the annual cost of the acquisition of fuel was also presented.

scholarly journals Risks of environmental opposition to the investment projects implementation

2020 ◽  
Vol 176 ◽  
pp. 05025
Author(s):  
M.B. Vidrevich ◽  
G.Yu. Pakhalchak
Keyword(s):  
Economic Development ◽  
Economic System ◽  
Significant Role ◽  
Environmental Risks ◽  
The State ◽  
Investment Activity ◽  
Investment Projects ◽  
Social Risks ◽  
Strategic Goals ◽  
Social And Environmental Risks

Investment activity plays a significant role in achieving the strategic goals of the development of society, and has a significant impact on the state of the environmental and economic system. Recently, quite often, the interests of various groups related to the preservation of the environment come into conflict with the need for economic development, and hence the impossibility of investing in this development. In this case, potential or real investors lose the money invested. The purpose of the research is to consider the features of environmental and social risks of implementing investment projects, to consider the features of social and environmental risks and to show the need to take into account social and environmental risks for the implementation of investment projects, as well as suggest ways to minimize them. It is shown that the effectiveness of the implementation of investment projects and the reduction of possible losses of investors can be achieved by real consideration of social and environmental risks. Some instruments to reduce the risks of implementing investment projects are proposed.

scholarly journals The Belt and Road Initiative: Maximizing benefits, managing risks—A computable general equilibrium approach

2018 ◽  
Vol 2 (1) ◽  
pp. 97 ◽  
Author(s):  
Hongjoo Hahm ◽  
Selim Raihan
Keyword(s):  
Computable General Equilibrium ◽  
Economic Benefits ◽  
Environmental Risks ◽  
Belt And Road Initiative ◽  
The Social ◽  
Belt And Road ◽  
Trade Analysis ◽  
Global Trade Analysis Project ◽  
The Belt And Road ◽  
Social And Environmental Risks

Using a Global Trade Analysis Project (GTAP) model, and China as the base for analytical comparison, this paper shows that there are significant economic benefits to China and the participating countries along all six Belt and Road Initiative (BRI) economic corridors. However, to maximize these benefits, the social and environmental risks need to be well managed. The analysis shows a clear sequencing in terms of priority corridors. Two corridors have minimal investments and immediate returns, two corridors have significant investments with huge returns, and two corridors have high investments with lower returns. Overall, the paper demonstrates that to ensure the sustainability of any BRI corridor development, there is a need to consider its costs and benefits from the economic, social and environmental perspectives.

scholarly journals Bayesian Acyclic Network Based Environmental Footprint Risk Assessment System for Oil and Gas Industry

2021 ◽  
Vol 15 ◽  
pp. 913-927
Author(s):  
Agnel Cyriac Philip ◽  
Egils Ginters ◽  
Dilara Basdogan
Keyword(s):  
Supply Chains ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Production ◽  
Environmental Risks ◽  
Assessment System ◽  
Territorial Development ◽  
Gas Industry ◽  
Oil And Gas Production ◽  
Scenario Testing

The oil and gas industry is the eighth largest in the world. Its market size is expected to grow from USD 4.6 trillion in 2020 to USD 5.9 trillion in 2021, and in 2025 it will reach USD 7.4 trillion. The oil and gas industry is the backbone of today’s economy, and it is difficult to imagine that the share of the industry’s influence in world economy could decrease soon. Oil and gas production and supply chains pose significant environmental risks. Various methods are used to assess the risks of the industry's impact on the environment. In most cases, they are labor-intensive and non-interactive, which reduces the effectiveness of scenario testing. The article dealt with a new approach for analyzing different hazard risk scenarios based on Bayesian acyclic networks, looking at the supply chain as a socio-technical system, the sustainability of which is determined by the systemic impact on three pillars - business, society and environment. This article focuses on the environmental component. The article aims at introduction the audience, i.e., investors, business leaders and territorial development policy planners, the use of the method for assessing the systemic environmental risks of supply chains in the oil and gas industry.

STRATEGIC BUSINESS RISK ASSESSMENT-AN APPROACH FOR FINANCIAL CHARACTERISATION OF SOCIAL AND ENVIRONMENTAL RISKS

2000 ◽  
Vol 40 (1) ◽  
pp. 603
Author(s):  
A.R. Bowden ◽  
J.H. Martin ◽  
J. Mitchell
Keyword(s):  
Risk Management ◽  
Financial Reporting ◽  
Asset Management ◽  
Financial Risk ◽  
Social Issues ◽  
Petroleum Industry ◽  
Environmental Risks ◽  
Business Risk ◽  
Wide Range ◽  
Social And Environmental Risks

Environmental and social issues are now well established within the business risk profile of petroleum companies. Community outcry in relation to events like the Brent Spar disposal controversy, and public reaction over siting and approvals of a gas pipeline in Thailand, have exposed the commercial consequences associated with public disaffection. Despite their obvious financial impact, social and environmental risks are often not adequately addressed in business risk management strategies, due to the perceived difficulty in analysing these risks in financial terms.This paper presents an innovative, systematic approach for identifying and characterising social and environmental risks in financial terms, and developing prioritised strategies for holistic business risk management. This approach has been developed and successfully employed in a wide range of applications, including comparative financial risk assessments of project options; determination of the financial risk of acquisitions; financial reporting of contingent liability; developing financial assurance bonds; and development of asset management plans. The approach has substantial application in the petroleum industry.

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