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Beyond Temperature: How the Heat Index 35 Shapes Environmental, Social, and Governance Standards

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  • Drago, Carlo
  • Leogrande, Angelo

Abstract

This paper investigates the implications of high HI35 days, which increase the demand for water and energy supplies, overconsumption, and higher emissions induced by cooling demand. Socially, HI35 is associated with health morbidity and loss in labor productivity; hence, policies directed at protection of the well-being of the poor, such as improved access to health care and good working conditions, become increasingly relevant. Extreme heat, besides, accelerates resource competition that may further develop into a civil instability, which affects governance structures. The nation will be assisted in addressing the impacts brought forward by HI35 through resilient infrastructure policy, good governance practice, and sustainable resource management. This paper, therefore, concludes that integrated policy action in ESG will be urgently needed to address the risk from extreme heat and calls for adaptive strategies that move toward environmental sustainability, social equity, and effective governance. Finally, HI35 is helpful to guide policy responses against different and interwoven challenges of extreme heat on sustainable development.

Suggested Citation

  • Drago, Carlo & Leogrande, Angelo, 2024. "Beyond Temperature: How the Heat Index 35 Shapes Environmental, Social, and Governance Standards," MPRA Paper 122697, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:122697
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    File URL: https://mpra.ub.uni-muenchen.de/122697/1/MPRA_paper_122697.pdf
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    ESG; Heat Index 35; Panel Data; Sustainability; Extreme Events;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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