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A Method for Assessing the Risks to Sustainability Posed by Process Operations

Abstract:
We present a framework for assessing the risks to sustainability posed by any given set of processes. The objective is to improve sustainability by enabling better decision‐making in policy and business contexts. The framework can be applied to any system of processes where available information supports discovery and quantification of sustainability‐risk, defined as risk to the ability of future generations to meet their needs. Processes are screened to identify sustainability‐risks, which are scored on a common scale to avoid arbitrary weighting factors. The method yields an overall risk score for the system, and an analysis of where and how sustainability‐risk arises. We demonstrate the method by applying it to the system that provides for the UK's production and use of liquid biofuels. A set of 18 distinct causes of risk is discovered, and impacts are assessed by triple‐bottom line accounting. The innovation risk optimism bias is the highest‐scoring cause of risk, followed by price volatility associated with competition between markets for bio‐feedstocks. In this case, the wide variety of risk types and severity, and scale of action, suggests that promoting sustainability requires a tailored response to address specific risks.
Publication status:
Published
Peer review status:
Peer reviewed

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Files:
Publisher copy:
10.1002/sd.70423

Authors

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Institution:
University of Oxford
Role:
Author
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Role:
Author
ORCID:
0000-0002-9429-8316


Publisher:
Wiley
Journal:
Sustainable Development More from this journal
Publication date:
2025-11-12
Acceptance date:
2025-11-03
DOI:
EISSN:
1099-1719
ISSN:
0968-0802


Language:
English
Keywords:
Pubs id:
2343308
UUID:
uuid_7f8c5eea-edc4-471f-a140-306ed0400171
Local pid:
pubs:2343308
Source identifiers:
3464785
Deposit date:
2025-11-12
ARK identifier:
This ORA record was generated from metadata provided by an external service. It has not been edited by the ORA Team.

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