Performing Actionable Evaluations of Sustainability Investments
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. Sustain...
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| Format: | Thesis |
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Massachusetts Institute of Technology
2023
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| Online Access: | https://hdl.handle.net/1721.1/151625 |
| _version_ | 1826210481470177280 |
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| author | Hopkins, Jacob |
| author2 | Welsch, Roy |
| author_facet | Welsch, Roy Hopkins, Jacob |
| author_sort | Hopkins, Jacob |
| collection | MIT |
| description | 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. |
| first_indexed | 2024-09-23T14:50:37Z |
| format | Thesis |
| id | mit-1721.1/151625 |
| institution | Massachusetts Institute of Technology |
| last_indexed | 2024-09-23T14:50:37Z |
| publishDate | 2023 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1516252023-08-01T03:19:34Z Performing Actionable Evaluations of Sustainability Investments Hopkins, Jacob Welsch, Roy Ghoniem, Ahmed Massachusetts Institute of Technology. Department of Mechanical Engineering Sloan School of Management 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. M.B.A. S.M. 2023-07-31T19:54:01Z 2023-07-31T19:54:01Z 2023-06 2023-07-14T19:58:22.336Z Thesis https://hdl.handle.net/1721.1/151625 In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ application/pdf Massachusetts Institute of Technology |
| spellingShingle | Hopkins, Jacob Performing Actionable Evaluations of Sustainability Investments |
| title | Performing Actionable Evaluations of Sustainability
Investments |
| title_full | Performing Actionable Evaluations of Sustainability
Investments |
| title_fullStr | Performing Actionable Evaluations of Sustainability
Investments |
| title_full_unstemmed | Performing Actionable Evaluations of Sustainability
Investments |
| title_short | Performing Actionable Evaluations of Sustainability
Investments |
| title_sort | performing actionable evaluations of sustainability investments |
| url | https://hdl.handle.net/1721.1/151625 |
| work_keys_str_mv | AT hopkinsjacob performingactionableevaluationsofsustainabilityinvestments |