Environmental, Social and Governance Criteria

Source: Adapted from World Economic Forum (2020) Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation. Environmental, social, and governance (ESG) criteria have been advocated by the World Economic Forum as a stakeholder capitalism approach trying to define corporate standards that can be used for investment

Environmental Externalities of Land Use

Economic Costs. The costs incurred to maintain the functionality of an urban area according to the characteristics of its land uses. Lower densities and specialized land use increase economic costs in terms of average commuting distances, public utility provision, and energy consumption. Commonly, urban growth has occurred at the expense