Shareholders and the environment: a review of four decades of academic research

We provide a synthesis of four decades of empirical research regarding the reaction of shareholders to environmental events. This literature is at the crossroads of finance, environmental economics, management and corporate social responsibility (CSR). To set the stage, we first provide an account of the Brumadinho ecological disaster that occurred in Brazil on January 25th, 2019. Second, we provide a critical review of more than 100 event studies. These papers cover a diverse set of events, such as industrial accidents, public disclosure programs, legal actions following environmental violations, changes in environmental regulation, environmental news, and corporate initiatives. This review makes four contributions. First is the synthesis of a large strand of literature in a structured setting, so as to be readily handled by both experts and non-experts. Second is the observation that stock market penalties in the event of environmental concerns are likely to be quite low: on average there is a (temporary) drop in the excess stock market return to events that are harmful to the environment of about 2% and the median is −0.6%. Third is to highlight the limits of CSR as a business strategy towards a sustainable society. Fourth is to provide an open access bibliographic database.

To the question about remote sensing of the earth for precision farming tasks and assessment of the consequences of techno-environmental events

Some issues of the use of unmanned aircraft and space vehicles in monitoring the consequences of technical and environmental events and precision farming are considered. The proposed technology is aimed at improving the recognition accuracy of infrastructure objects with obtaining the numerical values of their 3D coordinates. The aim of the research is to improve the quality of monitoring using neural network identification and classification of objects in multi-zone satellite images obtained from unmanned aerial vehicles (UAV). Research includes both theoretical research and applied problem solving. The mathematical basis of image processing is the image recognition computer. Practical research is based on experimentation, software implementation, testing of algorithms and technology. An effective method of video surveillance of the territory has been improved. The task of the authors' research is to improve the accuracy of objects recognition on the earth's surface (specific infrastructure objects, the sky, the state of vegetation of agricultural land). The authors have experience in this area. The solution to this problem occurs simultaneously in two directions. The first direction: the technical result is ensured by the fact that the technology offers the use of a UAV equipped with two video cameras. The second direction is the use of scientific idea consisting in the development of a method for joint computer processing of digital and analog images obtained from UAVs, as well as quasi-simultaneous and reusable multi-zone satellite images. A new result of the research is the developed data structure for storing the model of the recognition process, which allows to jointly save dissimilar characteristics and membership functions of different types in the same tables

Influence of Curing Temperature on Shear Strength and Compressibility of Swelling Soil Stabilized with Hydrated Lime

The exposed cohesive soils to temperature can face considerable physical and mechanical characteristics changes. Therefore, understanding the environmental events influences on the soil geotechnical properties is essential, which is significant in the rainy and cold places such as in Sulaimani city, northern Iraq. This experimental study examines the temperature changes (10o C, and 50o C) impacts on the durability of stabilized cohesive soil using 0%, 5%, 10% and 15% hydrated-lime added as a replacement on the soils dry mass. Consistency, unconfined compression, and compressibility characteristics were evaluated. Under the applied circumstances, a decrease was noticed in the magnitudes of liquid limit and plasticity index, while plastic limit generally increased within hydrated-lime percent increase. The study yielded an appreciable improvement of the cohesive soil’s strength and compressibility properties with time progress, especially after the stabilization process is achieved.

Ecological Trap or Favorable Habitat? First Evidence That Immature Sea Turtles May Survive at Their Range-Limits in the North-East Atlantic

Unusual environmental events can push marine animals outside their physiological tolerances through changes in trophic and/or thermal conditions. Such events typically increase the risk of stranding. Rescue Centers offer a unique opportunity to report animals in distress and satellite track rehabilitated individuals to identify potential new habitats and support an effective conservation of these endangered species. By combining sightings (1988–2020) and tracking data (2008–2020) collected along the French Atlantic and English Channel coasts, our study assessed if the Bay of Biscay is an ecological trap or a favorable habitat for immature sea turtles. The largest tracked individuals migrated westward to pelagic waters, likely toward their natal beaches, while smaller individuals remained within the Bay of Biscay (BoB) and crossed colder (mean: 17.8 ± 3.0°C) but more productive waters. The turtles’ directions differed from the ones of ocean currents, excluding a passive advection to these unexpected habitats. Although the BoB might be thermally unsuitable in winter, the higher micronekton biomass predicted in this region could offer a productive foraging habitat for immature turtles. However, the majority of the sightings referred to individuals stranded alive (75%), suggesting this area could also act as an ecological trap for the smallest individuals that are mostly reported in winter suffering cold-stunning. Assumed to be outside the species range, our results reveal a potential foraging ground in the North-East Atlantic for these young turtles, confirming the crucial role of the rehabilitation centers and the need to continue prioritizing conservation of these endangered species, particularly vulnerable at this stage and at such temperate latitudes.

The Roles of Temperature-Related Post-Transcriptional Regulation in Cereal Floral Development

Temperature is a critical environmental signal in the regulation of plant growth and development. The temperature signal varies across a daily 24 h period, between seasons and stochastically depending on local environmental events. Extracting important information from these complex signals has led plants to evolve multiple temperature responsive regulatory mechanisms at the molecular level. In temperate cereals, we are starting to identify and understand these molecular mechanisms. In addition, we are developing an understanding of how this knowledge can be used to increase the robustness of crop yield in response to significant changes in local and global temperature patterns. To enable this, it is becoming apparent that gene regulation, regarding expression and post-transcriptional regulation, is crucial. Large transcriptomic studies are identifying global changes in spliced transcript variants and regulatory non-coding RNAs in response to seasonal and stress temperature signals in many of the cereal crops. Understanding the functions of these variants and targets of the non-coding RNAs will greatly increase how we enable the adaptation of crops. This review considers our current understanding and areas for future development.

Towards a Single Integrative Metric on the Dynamics of Social-Environmental Systems

Integrating the dynamics and interconnections of natural and human system properties into a single measure would make it simpler to reliably and repeatedly assess and compare different social-environmental systems (SES). We propose a novel metric to assess the magnitudes and variations in SES dynamics by integrating longitudinal gross domestic product, population, and ecosystem net primary production. We use annual public data across the Asian Drylands Belt (ADB) from 1992 through 2016 for 18 political entities as our testbed for assessing the efficacy of the metric. We perform cross-comparisons with existing natural and social science metrics to demonstrate the validity of the proposed metric, including the Human Development Index and the Palmer Drought Severity Index. The new metric demonstrates notable and meaningful differences in trends among the political entities that reflect major social, economic and environmental events over the 25-year period. It provides unique perspectives about the three pillar components (social, economic and environmental systems) in each of the 18 political entities (PE) of the ADB. The metric also shows meaningful associations with key economic and environmental indicators and great potential for broader application and evaluation, given additional testing in other countries, regions, and biomes.

Distinctive patterns and signals at major environmental events and collapse zone boundaries

We studied the patterns of pre-collapse communities, the small-scale and the large-scale signals of collapses, and the environmental events before the collapses using four paleoecological and one modern data series. We applied and evaluated eight indicators in our analysis: the relative abundance of species, hierarchical cluster analysis, principal component analysis, total abundance, species richness, standard deviation (without a rolling window), first-order autoregression, and the relative abundance of the dominant species. We investigated the signals at the probable collapse triggering unusual environmental events and at the collapse zone boundaries, respectively. We also distinguished between pulse and step environmental events to see what signals the indicators give at these two different types of events. Our results show that first-order autoregression is not a good environmental event indicator, but it can forecast or indicate the collapse zones in climate change. The rest of the indicators are more sensitive to the pulse events than to the step events. Step events during climate change might have an essential role in initiating collapses. These events probably push the communities with low resilience beyond a critical threshold, so it is crucial to detect them. Before collapses, the total abundance and the species richness increase, the relative abundance of the species decreases. The hierarchical cluster analysis and the relative abundance of species together designate the collapse zone boundaries. We suggest that small-scale signals should be involved in analyses because they are often earlier than large-scale signals.

Genomic evidence of an ancient Inland Temperate Rainforest

The disjunct temperate rainforests of the Pacific Northwest of North America (PNW) are characterized by late-successional dominant tree species western redcedar (Thuja plicata) and western hemlock (Tsuga heterophylla). The demographics of these species, along with the PNW rainforest ecosystem in its entirety, have been heavily impacted by the geological and climatic changes the PNW has experienced over the last 5 million years, including mountain orogeny and repeated Pleistocene glaciations. These environmental events have ultimately shaped the history of these species, with inland segments potentially being extirpated during the Pleistocene glaciation. Here, we collect genomic data for both species across their ranges in order to develop multiple demographic models, each reflecting a different hypothesis on how the ecosystem dominant species may have responded to dramatic climatic change. Results indicate that inland and coastal populations in both species diverged an estimated ~2.5 million years ago and experienced a decrease in population size during glaciation, with a subsequent population expansion. Importantly, we found evidence for gene-flow between coastal and inland populations during the mid-Holocene. It is likely that intermittent migration in these species has prevented allopatric speciation. In conclusion, the combination of genomic data and population demographic inference procedures involving machine learning establish that populations of the ecosystem dominants Thuja plicata and Tsuga heterophylla persisted in refugia located in both the coastal and inland regions, with populations expanding and contracting in response to glacial cycles with occasional gene-flow.

Opinion: Papers that shaped tropospheric chemistry

Which published papers have transformed our understanding of the chemical processes in the troposphere and shaped the field of atmospheric chemistry? By way of expert solicitation and interactive peer review, this paper explores the influence of the ideas in peer-reviewed articles based on input from our community of atmospheric scientists. We explore how these papers have shaped the development of the field of atmospheric chemistry and identify the major landmarks in the field of atmospheric chemistry through the lens of those papers' impact on science, legislation and environmental events. We also explore the ways in which one can identify the papers that have most impacted the field and discuss the advantages and disadvantages of the various approaches. Our work highlights the difficulty of creating a simple list, and we explore the reasons for this difficulty. The paper also provides a history of the development of our understanding of tropospheric chemistry and points some ways for the future.