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Technology Lends A Hand To Green E-Commerce, Hao Liang, Sin Mei Cheah Nov 2021

Technology Lends A Hand To Green E-Commerce, Hao Liang, Sin Mei Cheah

Research Collection Lee Kong Chian School Of Business

The world has witnessed an e-commerce boom in the past 2 decades, and Asia-Pacific is now driving the latest wave of growth. The Covid-19 pandemic has further accelerated consumers' growing preference for online consumption, with the Asia-Pacific region raking US$230 billion in online retail sales in 2020. This article is adapted from the authors' teaching case study - Alibaba Cainiao's Smart Green Logistics Strategy: Good for the Earth, Good for the Business.


Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo Sep 2021

Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo

Research Collection College of Integrative Studies

Singapore's market for new privately developed apartments exhibits wide quasi-experimental variation in ownership tenure. We develop an empirical model in which prices are decomposed into the utility of housing services and a factor that shifts with asset tenure and the discount rate schedule, which we discipline to vary smoothly over time. We estimate discount rates that decline over time and, to accommodate the observed price differences, fall to 0.5-1.5% p.a. by year 400. The finding that households making sizable transactions do not entirely discount benefits accruing centuries from today is relevant, with the appropriate risk adjustment, for evaluating climate-change investments.


Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo Sep 2021

Declining Discount Rates In Singapore's Market For Privately Developed Apartments, Eric Fesselmeyer, Haoming Liu, Alberto Salvo

Research Collection College of Integrative Studies

Singapore's market for new privately developed apartments exhibits wide quasi-experimental variation in ownership tenure. We develop an empirical model in which prices are decomposed into the utility of housing services and a factor that shifts with asset tenure and the discount rate schedule, which we discipline to vary smoothly over time. We estimate discount rates that decline over time and, to accommodate the observed price differences, fall to 0.5-1.5% p.a. by year 400. The finding that households making sizable transactions do not entirely discount benefits accruing centuries from today is relevant, with the appropriate risk adjustment, for evaluating climate-change investments.


Latest Climate Change Report Is The Most Important By Far, Winston T. L. Chow Aug 2021

Latest Climate Change Report Is The Most Important By Far, Winston T. L. Chow

Research Collection School of Social Sciences

Dr Winston Chow was involved in the recently released IPCC climate science report. He explains why this report communicates the consequences of climate inaction better than previous ones.


Crisis Communication, Anticipated Food Scarcity, And Food Preferences: Preregistered Evidence Of The Insurance Hypothesis, Michal Folwarczny, Jacob D. Christensen, Norman P. Li, Valdimar Sigurdsson, Tobias Otterbring Jul 2021

Crisis Communication, Anticipated Food Scarcity, And Food Preferences: Preregistered Evidence Of The Insurance Hypothesis, Michal Folwarczny, Jacob D. Christensen, Norman P. Li, Valdimar Sigurdsson, Tobias Otterbring

Research Collection School of Social Sciences

Whereas large-scale consumption of energy-dense foods contributes to climate change, we investigated whether exposure to climate change-induced food scarcity affects preferences toward these foods. Humans? current psychological mechanisms have developed in their ancestral evolutionary past to respond to immediate threats and opportunities. Consequently, these mechanisms may not distinguish between cues to actual food scarcity and cues to food scarcity distant in time and space. Drawing on the insurance hypothesis, which postulates that humans should respond to environmental cues to food scarcity through increased energy consumption, we predicted that exposing participants to climate change-induced food scarcity content increases their preferences toward …


Research On Climate Change In Social Psychology Publications: A Systematic Review, Kim-Pong Kam, Angela K. Y. Leung, Susan Clayton Jun 2021

Research On Climate Change In Social Psychology Publications: A Systematic Review, Kim-Pong Kam, Angela K. Y. Leung, Susan Clayton

Research Collection School of Social Sciences

There is a strong scientific consensus that anthropogenic climate change is happening and that its impacts can put both ecological and human systems in jeopardy. Social psychology, the scientific study of human behaviours in their social and cultural settings, is an important tool for understanding how humans interpret and respond to climate change. In this article, we offered a systematic review of the social psychological literature of climate change. We sampled 130 studies on climate change or global warming from 80 articles published in journals indexed under the “Psychology, social” category of Journal Citation Reports. Based on this sample, …


Social Psychology Of Climate Change In The Asian Context: Introduction To Special Issue, Kim-Pong Tam, Angela K. Y. Leung, Susan Clayton Jun 2021

Social Psychology Of Climate Change In The Asian Context: Introduction To Special Issue, Kim-Pong Tam, Angela K. Y. Leung, Susan Clayton

Research Collection School of Social Sciences

Climate change is one of the biggest challenges facing many countries in the Asia Pacific. Asia as a whole is a primary contributor to carbon emissions. According to the BP Statistical Review of World Energy 2020, the Asia Pacific region alone accounts for more than half of the world’s total greenhouse gas emissions. This represents an increase in consumption of oil, gas, and coal in Asia Pacific from 44.5% in 2009 to 50.5% in 2019. According to the review, compared to the rest of the world, Asia Pacific had the highest growth rate (2.7%) of carbon emissions between 2008 and …


Aiming For The Sun- Averting The Fate Of Icarus: De-Risking Solar Energy Projects, Manu Srivastava May 2021

Aiming For The Sun- Averting The Fate Of Icarus: De-Risking Solar Energy Projects, Manu Srivastava

Asian Management Insights

Climate change is increasingly accepted as an existential threat to civilisation and ‘business as usual’ is considered a luxury we cannot afford any more.


Digital Sustainability And Its Implications For Finance And Climate Change, Gerard George, Simon J.D. Schillebeeckx Apr 2021

Digital Sustainability And Its Implications For Finance And Climate Change, Gerard George, Simon J.D. Schillebeeckx

Research Collection Lee Kong Chian School Of Business

As the pandemic forced the entire world to a virtual standstill, nature revived a little. The US emitted 10.3% less CO2 in 2020 than in 2019 and other regions similarly experienced emission declines. Depending on the source, global carbon emissions were down between 4 and 8% in 2020.2 Consumers globally have expressed more concern about sustainability, an observation confirmed by large survey research by Accenture, Kantar, Boston Consulting Group (BCG), and Ipsos.3 In its latest Emissions Gap Report4 , the UN Environment Programme (UNEP) explicitly connected the pandemic to climate change, nature loss, and pollution. Besides the acceleration of business …


Are Native Plants Green? Assessing Environmental Performances Of Locally-Owned Facilities, Narae Lee, Jiao Luo Apr 2021

Are Native Plants Green? Assessing Environmental Performances Of Locally-Owned Facilities, Narae Lee, Jiao Luo

Research Collection Lee Kong Chian School Of Business

We study the impact of corporate ownership and community conditions on firm environmental pollution. While the existing literature often thinks of environmental pollution as a unitary construct, we emphasize the distinction between toxic emissions, which have immediate but locally bounded impact, and greenhouse gas (GHG) emissions which have gradual but global impact, producing climate change. Using a facility-level panel of all manufacturing facilities in the US from 2010-2018, and leveraging within-facility changes in ownership status, we show that locally owned firms have lower levels of toxic emissions, but they are also less likely to report GHG emissions, and have higher …


Building A Long-Time Series For Weather And Extreme Weather In The Straits Settlements: A Multi-Disciplinary Approach To The Archives Of Societies, Fiona Williamson Apr 2021

Building A Long-Time Series For Weather And Extreme Weather In The Straits Settlements: A Multi-Disciplinary Approach To The Archives Of Societies, Fiona Williamson

Research Collection School of Social Sciences

In comparison to the Northern Hemisphere, especially Europe and North America, there is a scarcity of information regarding the historic weather and climate of Southeast Asia and the Southern Hemisphere in general. The reasons for this are both historic and political, yet that does not mean that such data do not exist. Much of the early instrumental weather records for Southeast Asia stem from the colonial period and, with some countries and regions changing hands between the European powers, surviving information tends to be scattered across the globe making its recovery a long and often arduous task. This paper focuses …


Sociological Perspectives On Climate Change And Society: A Review, Md Saidul Islam, Edson Kieu Jan 2021

Sociological Perspectives On Climate Change And Society: A Review, Md Saidul Islam, Edson Kieu

Research Collection Lee Kong Chian School Of Business

Society is at an important intersection in dealing with the challenges of climate change, and this paper is presented at a critical juncture in light of growing recognition that the natural sciences are insufficient to deal with these challenges. Critical aspects of sociological perspectives related to climate change research are brought together in this review in the hope of fostering greater interdisciplinary collaboration between the natural and social sciences. We fervently argue for the need to inculcate interdisciplinary approaches that can provide innovative perspectives and solutions to the challenges we face from the impacts of climate change. As such, some …


Consumption, Annika Marie Rieger, Juliet B. Schor Jan 2021

Consumption, Annika Marie Rieger, Juliet B. Schor

Research Collection School of Social Sciences

Consumption is a major contributor to environmental degradation and change. However, it was not until 1992—at the United Nations Conference on Environment and Development—that consumption was seriously addressed by the global community. The consensus that emerged was that the global South had a “population” problem and the global North had a “consumption,” or more correctly, an “overconsumption” problem. It proved to be a durable formulation. Within environmental sociology, the prominence of the IPAT (Impact = Population × Affluence × Technology) equation (Ehrlich & Holdren, 1971) has contributed to this framing of the environment/consumption relation, although the rise of a global …