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

Carlo Drago and Angelo Leogrande

MPRA Paper from University Library of Munich, Germany

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.

Keywords: ESG; Heat Index 35; Panel Data; Sustainability; Extreme Events (search for similar items in EconPapers)
JEL-codes: Q50 Q51 Q56 Q57 Q58 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-agr, nep-ene, nep-env and nep-hea
References: View references in EconPapers View complete reference list from CitEc
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Working Paper: Beyond Temperature: How the Heat Index 35 Shapes Environmental, Social, and Governance Standards (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122697

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