Financial evaluation of environmental investments / Tuula Moilanen and Christopher Martin.
By: Moilanen, Tuula
.
Contributor(s): Martin, Christopher | Institution of Chemical Engineers (Great Britain).
Material type: 
BookPublisher: Rugby : Institution of Chemical Engineers, c1996Description: xii, 177 p. : ill ; 24 cm.ISBN: 0852953658 (m).Subject(s): Investments | Investments -- Moral and ethical aspectsDDC classification: 332.6 | Item type | Current library | Call number | Copy number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|---|
| General Lending | MTU Bishopstown Library Lending | 332.6 (Browse shelf(Opens below)) | 1 | Available | 00007312 |
Enhanced descriptions from Syndetics:
Traditional ways of analyzing investments, like net present value or payback calculations, do not deal adequately with environmental issues. Future liabilities and the long time-scale over which a product or process has an impact on the environment are not generally included, and risk is not incorporated properly. This text takes a holistic view of decision-making. The authors advance a methodology which puts the expected monetary values of different investment and risk scenarios into a mathematical model. Features of the model are a wider set of cost-benefits, a disciplined approach to risk and uncertainty, a consideration of the environmental aspects of every facet of an investment, quantification of less tangible things like corporate image and future liabilities, and a strict treatment of items like pollution monitoring that have been passed off as overheads. Case studies and examples of analysis to help you put it all into practice are included.
Includes bibliographical references (pages 172-173) and index.
Introduction -- Description of the model and the methodology -- Existing models and approaches to inputs into investment analysis -- Test Case A - Pilot plant for non-chlorine bleaching of pulp -- Test Case B - ICI Environmental improvement project on a UK chemical site.