Sustainable projects must be environmentally sound and respect the natural capital of the region—its air, soil, and water.
Badly managed projects can have disastrous consequences for the environment and community in which they are based. Irresponsible waste management, toxic biproducts of industrial processes, and overuse of natural resources can take communities and their environments decades to recover from. It is vital that an analysis of every project’s environmental soundness is carefully integrated at inception and draws on the expertise of partners who specialize in different aspects of the entire matrix of environmental soundness.
For a project to be deemed environmentally sound, it is critical for subject matter experts to provide benchmarks, assessments, and analysis. The need for this detailed examination is not just to benefit the long-term health of local communities, but also the health of long-term investment opportunities. Environmental disasters such as oil spills or chemicals leeching into the local water supply can take decades and billions of dollars to address, which is a significant threat to long-term shareholder value that can be easily mitigated by managing the project to the highest environmental standards from the outset.
With this as backdrop, the WWF and Guggenheim Partners commissioned members of the Stanford Global Projects Center to identify and analyze the various metrics that have been established by multiple organizations to assess the sustainability of infrastructure investments. Such evaluations are not new, but there has been a recent proliferation of these metrics, each with its unique purposes and criteria. As measuring sustainability garners greater acceptance, understanding the range and application of these metrics will allow investors, companies, governments, and citizens to pursue infrastructure investments that can lead to economic growth that is balanced against the moral and ethical considerations shared by all stakeholders.
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Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.