Evaluating and managing the sustainability of investments in green and sustainable chemistry: An overview of sustainable finance approaches and tools

dc.contributor.authorYilan, Gülşah
dc.contributor.authorCordella, Mauro
dc.contributor.authorMorone, Piergiuseppe
dc.contributor.institutionTecnalia Research & Innovation
dc.date.issued2022-08
dc.descriptionPublisher Copyright: © 2022 Elsevier B.V.
dc.description.abstractGreen chemistry (GC) was developed to maximise resource efficiency and minimise hazards in chemical processes and products. Over time, the approach evolved into green and sustainable chemistry (GSC), which aims at promoting the development of an ecologically friendly society. GSC encourages society's reliance on sustainable materials and technologies/processes and supports the ambitious sustainability targets set by international organisations. It also steers public attention to the provision of sustainable solutions for producers, consumers and investors. Since GSC implementation requires significant financial investment, this paper describes a broad range of approaches and tools to assess the sustainability of potential investments and shows, although with a primary focus on environmental sustainability, how life cycle approaches could be used to define enhanced key performance indicators. Thus, the paper may serve as a useful reference for: (i) chemical companies interested in evaluating the sustainability performance of activities requiring financial investment, and (ii) investors interested in evaluating the sustainability of potential financial investments.en
dc.description.sponsorshipThe authors would like to thank Dr. Francesco Razza for his helpful advice and suggestions during the preparation of this paper. The authors, however, bear full responsibility for the paper.
dc.description.statusPeer reviewed
dc.identifier.citationYilan , G , Cordella , M & Morone , P 2022 , ' Evaluating and managing the sustainability of investments in green and sustainable chemistry : An overview of sustainable finance approaches and tools ' , Current Opinion in Green and Sustainable Chemistry , vol. 36 , 100635 . https://doi.org/10.1016/j.cogsc.2022.100635
dc.identifier.doi10.1016/j.cogsc.2022.100635
dc.identifier.issn2452-2236
dc.identifier.urlhttp://www.scopus.com/inward/record.url?scp=85132507218&partnerID=8YFLogxK
dc.language.isoeng
dc.relation.ispartofCurrent Opinion in Green and Sustainable Chemistry
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.subject.keywordsFinancial investment
dc.subject.keywordsGreen and sustainable chemistry
dc.subject.keywordsKey performance indicators
dc.subject.keywordsLife cycle assessment
dc.subject.keywordsSustainable finance
dc.subject.keywordsCatalysis
dc.subject.keywordsChemistry (miscellaneous)
dc.subject.keywordsWaste Management and Disposal
dc.subject.keywordsProcess Chemistry and Technology
dc.subject.keywordsManagement, Monitoring, Policy and Law
dc.subject.keywordsSDG 12 - Responsible Consumption and Production
dc.subject.keywordsSDG 9 - Industry, Innovation, and Infrastructure
dc.titleEvaluating and managing the sustainability of investments in green and sustainable chemistry: An overview of sustainable finance approaches and toolsen
dc.typejournal article
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