Performing Actionable Evaluations of Sustainability
Investments
Name
hopkins-jthopkin-mba-mgt-2023-thesis[80].pdf
Description
Thesis PDF
Size
1.61 MB
Format
Adobe PDF
Checksum (MD5)
1178ef08561adf36492a3361e90667fd
Author(s)
Hopkins, Jacob
Advisor(s)
Welsch, Roy
Ghoniem, Ahmed
Date Issued
June 2023
Publisher
Massachusetts Institute of Technology
Abstract
Businesses are rapidly pursuing investments in sustainable technologies to meet their climate goals, but performing actionable evaluations of technologies is difficult, especially in decentralized businesses. Actionable evaluations have high accuracy, high precision, and address uncertainty. Sustainable technologies are not well characterized and their expected performance is uncertain. For numerous reasons, approaches used in industry do not currently address these concerns. This research investigated tools to improve accuracy and precision and proposes a methodology to address uncertainty. The methodology includes a Monte-Carlo simulation tool and a method to assess data quality that address the concerns in traditional approaches. We believe this methodology can help decentralized businesses perform more actionable evaluations of sustainable technologies.
MIT Department
Massachusetts Institute of Technology. Department of Mechanical Engineering
Sloan School of Management
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