Stephanie Hayes Richards, MBA, MPA

Managing Principal

Stephanie Hayes Richards, managing principal of Gnarly Tree Sustainability Institute, holds an MPA in Environmental Policy Analysis and Nonprofit Management from the School of Public and Environmental Affairs at Indiana University (2000) and an MBA in Marketing from the Kelley School of Business at Indiana University (2007). She also holds a BA in Government from Campbell University in Buies Creek, North Carolina. In addition, she completed her Global Reporting Initiative (GRI) sustainability reporting certification in 2014.

Ms. Richards has a wealth of experience in the public, private, and nonprofit sectors in project management, program development, policy analysis, stakeholder engagement, strategic management, communications, and business process improvements. She looks forward to helping extend and strengthen the capabilities of your organization’s sustainability team.

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Emily Giovanni

Senior Consultant

Emily Giovanni is a Senior Consultant with GTSI, with extensive expertise and experience in cost-benefit analyses of environmental policies and regulations, policy design and analysis, and economic modeling. She earned two Masters degrees from Indiana University’s School of Public and Environmental Affairs in 2010, including a Masters of Science in Environmental Science and a Masters of Public Affairs, with a focus on environmental economics.

Before joining Gnarly Tree Sustainability Institute in 2019, she worked as an economist and scientist supporting the development of state and national environmental regulations. In that capacity, Emily managed a diverse portfolio of projects, including development of a regression-based tool to quantify and monetize damages from oil spills from pipelines and rail cars, design of a unique industry survey instrument that substantially reduced data import, processing, and analysis burdens, and cost-benefit analyses of many environmental policy instruments that affected dozens of industries and resulted in a wide variety of direct and indirect benefits. Additionally, Emily has partnered with GTSI on a project to quantify and monetize the potential human health co-benefits of reduced greenhouse gases from the mobile sector in Costa Rica, and has authored scholarly papers carbon capture and storage and international offset programs.

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Kenneth Richards, PhD, JD

Senior Associate

Kenneth Richards holds a PhD in Public Policy from the Wharton School and a JD from the Law School, University of Pennsylvania. He holds an MSCE in Urban and Regional Planning and a BSCE in Environmental Engineering from Northwestern University, and a BA in Botany and Chemistry from Duke University.

He currently serves as professor at the School of Public and Environmental Affairs, affiliated professor at the Maurer School of Law, and affiliated faculty of the Vincent and Elinor Ostrom Workshop in Political Theory and Policy Analysis. He served as a visiting professor at the National University of Singapore as the Musim Mas Chair in Sustainability at the NUS Business School from 2012 to 2014. He also has significant European experience, having served as a visiting fellow at Oxford University’s James Martin 21st Century School and Smith School of Enterprise and the Environment and as co-director of the School of Public and Environmental Affairs’ IU at Oxford Program.

Dr. Richards has served as an economist at the Council of Economic Advisers, the U.S. Department of Agriculture’s Economic Research Service, and the U.S. Department of Energy’s Pacific Northwest National Laboratory. He also served as national energy planner for the Cook Islands from 1984 to 1986 through the U.S. Peace Corps.

His research interests include sustainability management, climate change policy and environmental policy implementation. He has taught courses in sustainability management, environmental economics, cost-benefit analysis, law and public policy, applied math, climate change science and policy, public management and administration, and public management economics.

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