• EH14 4AS

    United Kingdom

Accepting PhD Students

PhD projects

Sustainable finance, circular economy, and decision-making analysis.

20112025

Research activity per year

Personal profile

Biography

Bing Xu is a Professor of Finance at the Heriot-Watt University. She holds a MA (Hons) in Business Studies & Accounting and a PhD in Management both from the University of Edinburgh. She is also the President-elect for the Chinese Economic Association (CEA) UK/Europe.

Research interests

Bing’s research employs a systems approach to accelerate the transition to a circular economy and advance net-zero goals, particularly from business and finance perspectives. She applies this expertise across key industries such as like electronics, chemicals, and the food and drink sector (including sustainable cooling and cold chains). As a leader of the "Policy, Society and Finance" theme for several UKRI-funded initiatives, she actively works to address systemic barriers to the circular economy by focusing on business and finance models, social dynamics, investment strategies, and policies. Current key projects include:

  1. ZECC: Zero Emission Cold-Chain (EPSRC, EP/V042548/1; May 2021 - May 2026).

  2. REACT: Responsible Electronics and Circular Technologies Centre (NERC, UKRI240; Oct 2024 - Sep 2028).

  3. SCI-FI: Sustainable Cooling Infrastructure for Fisheries in Indonesia (EPSRC, UKRI310; Jan 2025 - Dec 2027).

  4. ACCU: Scale-up for Algae-based Carbon Capture and Utilisation (EPSRC, UKRI783; Jul 2025 - Jun 2027).

  5. Better Water for All: Equitable and Resilient Access to High-Quality Water for Future Generations (EPSRC, UKRI398; Oct 2025 - Sep 2028).

Her past contributions extend to notable projects such as the UKRI Interdisciplinary Centre for Circular Chemical Economy (EPSRC, EP/V011863/1); Digital Circular Electrochemical Economy (EPSRC, EP/V042432/1); GREEN ICEs (EPSRC, EP/T022701/1); Sustainable Cold-Chain Systems for Food Resilience (UKERC); Low Carbon Jet Fuel (EPSRC, EP/N009924/1).

She has published in journals such as Annals of Operations Research, Applied EnergyEconomics Letter, Energy EconomicsEnergy Journal, Journal of Environmental Management, Journal of Financial Stability, Journal of International Financial Markets, Institutions & Money, International Journal of Production Economics, International Review of Financial Analysis, Transportation Research Part A: Policy and Practice, among others.

Bing is interested in taking PhD students to work on sustainable finance, circular economy, and decision-making analysis.

Expertise related to UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

  • SDG 2 - Zero Hunger
  • SDG 3 - Good Health and Well-being
  • SDG 7 - Affordable and Clean Energy
  • SDG 8 - Decent Work and Economic Growth
  • SDG 12 - Responsible Consumption and Production
  • SDG 13 - Climate Action

External positions

Honorary Professor, Tianjin University of Finance and Economics

Dec 2021 → …

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