Background and rationale

This decade's top global concerns are encapsulated in the Rio +20 themes of Green Economy and Governance. The report from the UNSG high-level panel on Global Sustainability has been aptly entitled "Resilient People, Resilient Planet" reflecting the increasing sophistication of the influence of environmental/ natural science on policymakers [1].

Scientists alongside economists are struggling to understand the economic value of the planet's ecological services. Management theorists struggle to balance the production-consumption paradox in a responsible way. Industrial ecologists have given us tools such as life cycle assessment (LCA) and material flow analysis (MFA) to help us quantify the impact of industry on the natural environments. Social scientists explore methods for increasing the participation of people in the decisions that impact their futures.

Green Value Creation will make its contributions by integrating the knowledge and methods of these diverse disciplines using techniques for decision science in general and from multi-criteria decision analysis (MCDA) in particular. The research group aims to combine knowledge from quantitative and qualitative research methods, strategic management and change management, finanzial analyses and systems engineering and life cycle analytical models and management.  The long-term objective is a unifying model based on a holistic system that integrates environmental, social and economical aspects.

The following figure conceptualizes the overall research design in the group and reflects that complex problems can only be solved with deep discipline knowledge and interdisciplinary collaboration.

References:

[1] UNGSP (2012): Resilient People – Resilient Planet – A future worth choosing

[2] UNEP 2011:The Global Environment Outlook (GEO) 5

[3] Brundtland et. al 2012: Environment and Development Challenges: The imperative to act