Air pollution is a major cause of mortality and morbidity. To accurately assess the geographical impact of air pollution, a new method has been proposed. In this research paper, we discuss this innovative approach and its potential benefits for companies and financial institutions.
Here are the key takeaways:
- GIST Impact’s original method evaluates the impact of businesses on human health and the environment.
- The methodology is accessible via an online tool called Impact Valuation Engine.
- The method allows for spatially explicit analysis of local impacts for each individual asset of the company, with outputs specific at a resolution of 0.5°×0.5°.
- For financial institutions, aggregated impacts embedded in their investment portfolios are provided.
- The analysis helps financial institutions reduce the overall footprint of their portfolios, meet sustainable investment targets, and comply with current regulations such as Sustainable Finance Disclosure Regulation and European Union Taxonomy.
Read the full research paper with the proposed method that has the potential to revolutionise the way we assess the impact of air pollution on human health and the economy. With this work, we aim to help companies and financial institutions make more informed decisions and take concrete steps towards a sustainable future.
