The Impact of Diamond Mining
The Diamond Producers Association (DPA) engaged Trucost, part of S&P Global, to undertake a world-first comprehensive analysis of the total value contribution of its members, the world’s largest diamond companies, considering all material socioeconomic and environmental benefits and impacts.
The study sought to capture not only the economic benefits of diamond mining, which are well understood, but also the social and environmental benefits and impacts associated with the production process.
The coral reef economy
This study presents a new analysis of the value, costs and benefits of coral reefs to highlight that shifting the trajectory of coral reef health from one of continuing decline towards a healthy state could unlock tens of billions of dollars in additional value. The findings show that this shift can be largely achieved through strategic interventions using available tools and methods.
Rochelle was part of the Trucost research team asked to quantify the value of two specific coral reefs, the Mesoamerica Reef near Mexico and Coral Triangle near Indonesia. The Trucost research team built a quantitative model of selected interactions between live coral cover and the economic returns generated by three sectors that benefit directly from coral reefs: tourism, coastal development and commercial fisheries.
The analysis found that a healthy coral reef scenario is expected to deliver additional economic benefits amounting to $34.6 billion and $36.7 billion in the Mesoamerica Reef and the Coral Triangle, respectively, between 2017 and 2030.
Discovering business value in the un sustainable development goals
Rochelle co-developed a new tool for quantitatively measuring the impact of companies on the Sustainable Development Goals (SDGs.) As part of Trucost, she helped design the SDG Evaluation Tool to increase transparency and help market participants identify SDG-aligned business value and inform sustainable growth strategies.
The Trucost SDG Evaluation Tool provides a quantitative analysis of corporate performance on the SDGs across the value chain, from raw material inputs to product use and disposal, within the context of a company’s geographic operations. The framework was developed to increase the accuracy of SDG reporting by quantifying both SDG-linked risks and opportunities faced by companies.
The report shows the results from the 13 companies who helped beta-test the new tool as well as insights on how companies and investors can further catalyze progress and investment towards achieving the SDGs by 2030.
ICT Sustainable Development Goals Benchmark
Rochelle led the research and methodology creation for Huawei's inaugural ICT Sustainable Development Goals Benchmark, which measures country ICT (information and communication technology) and sustainable development. The report was launched at the United Nations' 2017 WSIS (World Summit on the Information Society) forum in Geneva, Switzerland.
ICT has played a major role as an engine and enabler of economic and social progress in recent decades, delivering multiple benefits to society. This report seeks to explore the relationship between ICT and sustainable development, and to understand how entities can contribute to achieving the SDGs. The report presents an index that measures ICT and SDG country performance, and highlights lessons from national initiatives with country case studies.
MODEL BEHAVIOR II: STRATEGIES TO REWIRE BUSINESS
Rochelle is the co-author of Model Behavior II: Strategies to Rewire Business, a report that offers guidance to large companies and innovators within those organizations to harness the power of business model innovation to create a more sustainable future.
Through extensive research and interviews, Model Behavior II outlines:
Key forces influencing the need for and emergence of business model innovation for sustainability
The pivotal role of company culture to foster innovation
Distinct actions that internal innovators can undertake to drive sustainable business model innovation
Case studies of large, multinational companies that demonstrate how ambitious sustainability innovators have developed new business models with more sustainable outcomes
2030Vision: Uniting to Deliver Technology for the Global Goals
This report provides a summary of key opportunities and challenges for digital and the Global Goals, as a foundation for the launch of the 2030Vision partnership.
Achieving the Global Goals will require digital technologies to be deployed to address critical human needs. Digital is already supporting democratized and decentralized access to energy, finance and education. However, we do not know the scale of impact these transformations could have on production, employment, health and prosperity. Could artificial intelligence drive radical improvements in agricultural productivity and product design? Could sensors help eliminate overfishing and improve economic opportunity? How might blockchain revolutionize privacy, security and trust?
Rochelle was honored to lead the initial research and report writing for 2030Vision, which will serve as a platform for dialogue and collaboration to understand the potential for digital to deliver the Global Goals and to explore the role the technology sector can play supporting other industries’ efforts.
EU ICT-Sustainable Development Benchmark: Harnessing the ICTs to Advance Sustainable Development
This study explores the multiple opportunities that digital technologies present to advance solutions to the SDGs in the European Union (EU) context. Building on the methodology for Huawei’s global report released earlier this year, the EU ICT-Sustainable Development Goals Benchmark presented in this report scores and ranks EU countries based on the maturity of their ICT sector and achievements on six SDGs. It also analyses the relationship between country performance on ICT and sustainable development and the degree to which high achievement in one area leads to high performance in the other.
Rochelle built the methodology that served as the foundation of the EU ICT-SDG Index, which measures country performance of both ICT and sustainable development. She also led the initial project management and research for the report.
Greening GDP: Overcoming Challenges in Natural Capital Accounting
The absence of environmental considerations in national accounts can result in misleading economic signals about economic growth and development. While GDP may increase due to rapid liquidation of natural capital, this strategy can jeopardize long-term economic stability.
For Rochelle's Masters of Science thesis, she explored why a robust natural capital accounting framework developed by the United Nations, the System of Environmental-Economic Accounts (SEEA), had not been successfully adopted by countries for informed policy making when pursuing sustainable economic prosperity.
She analyzes three countries that have experienced a range of SEEA implementation, and identifies three distinct factors that played a significant role in successful implementation of SEEA within these countries. Recommendations are provided for incorporating this natural capital accounting framework into national policies and development strategies.