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L. Beril Toktay

Brady Family Chair in Management and Regents' Professor

Executive Director, Brook Byers Institute for Sustainable Systems

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beril.toktay@scheller.gatech.edu

404-385-0104

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https://sites.gatech.edu/toktay/

Academic Areas: Operations Management

Functional Areas: Sustainability

Office: 4427B

Biography

Dr. Beril Toktay is Regents' Professor and the Brady Family Chairholder in the Scheller College of Business. She serves as Executive Director of the Brook Byers Institute for Sustainable Systems. A globally recognized leader in sustainable operations management, Dr. Toktay has dedicated her career to bridging academic excellence with real-world impact in sustainability research and education.

Since joining Georgia Tech in 2005, Dr. Toktay has established herself as an influential leader in sustainability scholarship and cross-institute initiatives. She founded the Ray C. Anderson Center for Sustainable Business and co-created the Center for Serve-Learn-Sustain (SLS). Under her leadership as Executive Faculty Co-Director, the SLS team expanded sustainability-focused academic community engagement across Georgia Tech until its 2024 institutionalization as the Center for Sustainable Communities Research and Education within BBISS. Most recently, she co-chaired Georgia Tech's Sustainability Next Strategic Plan Implementation Team, under which Georgia Tech recommitted to growing BBISS, elevated and restructured the Office of Sustainability, and launched the Sustain-X startup accelerator, educational innovation and transdisciplinary research seed grant programs, the Climate Action Plan, and the Sustainability Education Curriculum Committee.

A Distinguished Fellow of the INFORMS Manufacturing and Service Operations Management Society, Dr. Toktay is internationally recognized for her research in sustainable operations management spanning circular economy models and climate mitigation strategies. Her circular economy research includes developing improved Extended Producer Responsibility cost allocation mechanisms recommended for adoption by the UK government. Her climate mitigation work features in a multi-university project that identified Georgia's top twenty decarbonization solutions, catalyzing the creation of the 70-member Drawdown Georgia Business Compact facilitated by the Ray C. Anderson Center.

Dr. Toktay serves on the boards of the New York Climate Exchange, Georgia Cleantech Innovation Hub, and Alliance for Research on Corporate Sustainability. Her professional service includes VP for Marketing, Communications, and Advocacy at INFORMS, Department Co-Editor for "Health, Environment, and Society" at Manufacturing & Service Operations Management and Area Editor for "Environment, Energy, and Sustainability" at Operations Research. She served as the Scheller College of Business ADVANCE Professor from 2012-2020.

Dr. Toktay’s research has earned recognition including being named among the World's Top Business and Management Scientists (Research.com, 2024),the M&SOM Best Paper Award (2021), the M&SOM Responsible Research Award (2019), and the Management Science Best Paper in Operations Management Award (2015). Her commitment to developing the next generation of sustainability leaders earned her Georgia Tech's Outstanding Doctoral Thesis Advisor Award (2018) and recognition as a E3 Impact Award Finalist (2019) by the Metro Atlanta Chamber of Commerce for Serve-Learn-Sustain's impact on Atlanta communities. She co-developed the Carbon Reduction Challenge, an interdisciplinary program that engages undergraduate students in climate intrapreneurship and which earned top-ten finalist recognition from Reimagine Education among 1,184 projects from 39 countries.

Dr. Toktay holds a Ph.D. in Operations Research from MIT, an M.S. in Industrial Engineering from Purdue University, and B.S. degrees in Industrial Engineering and Mathematics from Bogazici University.

Education

Ph.D., Operations Research, Massachusetts Institute of Technology, 1998
M.S., Industrial Engineering, Purdue University, 1994
B.S., Industrial Engineering and Mathematics, Boğaziçi University, 1992

Research Areas

Sustainable Operations
Closed-Loop Supply Chains
Supply Chain Management

Research

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Year	Title	Journal	Author(s)	Type
2022	Treat, Dump or Export: How Domestic and International Waste Management Policies Shape Waste Chain Outcomes	Management Science	Wijnsma, W. Lauga, D. Toktay, L.B.	Working Papers
Wijnsma, W., Lauga, D. and L.B. Toktay, “Treat, Dump or Export: How Domestic and International Waste Management Policies Shape Waste Chain Outcomes,” under first-round revision for Management Science.
2022	Non-Ownership Business Models for Solar Energy	M&SOM	Agrawal, V. Toktay, L.B. Yucel, S.	Published Papers
Agrawal, V., L.B. Toktay, and S. Yucel, “Non-Ownership Business Models for Solar Energy,” M&SOM, published online (Feb 2022).
2022	Lemons, Trade-ins and Remanufacturing	M&SOM	Huang, X. Atasu, A. Tereyagoglu, N. Toktay, L.B.	Published Papers
Huang, X., Atasu, A., Tereyagoglu, N., and L.B. Toktay, “Lemons, Trade-ins and Remanufacturing,” forthcoming in M&SOM.
2022	EPR for Unused Pharmaceuticals	M&SOM	Alev, I. Atasu, A. Toktay, L.B. Zhang, C.	Published Papers
Alev, I., Atasu, A., L.B. Toktay and C. Zhang, “EPR for Unused Pharmaceuticals,” M&SOM, 24:1 (2022), 524–541.
2021	Translating a Global Emissions Reduction Framework for Sub-National Climate Action: A Case Study from the State of Georgia	Environmental Management	Brown, M. Beasley, B. Atalay, F. Toktay, L.B.	Published Papers
Brown, M., Beasley, B. Atalay, F. et al. “Translating a Global Emissions Reduction Framework for Sub-National Climate Action: A Case Study from the State of Georgia,” Environmental Management 67, 205–227 (2021).
2021	The Capacity Investment Decision under Asymmetric Emission Regulation	Production and Operations Management	Huang, X. Tan, T. Toktay, L.B.	Published Papers
Huang, X., Tan, T., and L.B. Toktay, “The Capacity Investment Decision under Asymmetric Emission Regulation,” Production and Operations Management, 30:6 (2021), 1886-1903.
2020	Sustainable Operations Management through the Perspective of Manufacturing & Service Operations Management	M&SOM	Atasu, A. Corbett, C. Huang, X. Toktay, L.B.	Published Papers
Atasu, A., Corbett, C., Huang, X. and L.B. Toktay, “Sustainable Operations Management through the Perspective of Manufacturing & Service Operations Management,” M&SOM, 22:1 (2020), 146-157.
2020	A Mechanism Design Approach for Medical Surplus Allocation	Manufacturing and Service Operations Management	Zhang, C. Atasu, A. Ayer, T. Toktay, L.B.	Published Papers
Zhang, C., Atasu, A. Ayer, T., and L.B. Toktay “A Mechanism Design Approach for Medical Surplus Allocation,” Manufacturing and Service Operations Management, 22 (4) (2020), 735-753.
2019	The Role of "Inclusive Innovation" in Promoting Social Sustainability	Production and Operations Management	Kalkanci, B. Rahmani, M. Toktay, L. B.	Published Papers	View
Kalkanci, B., M. Rahmani, L. B. Toktay. 2019. The Role of "Inclusive Innovation" in Promoting Social Sustainability. Production and Operations Management 28(12): 2960-2982.
2019	The Role of “Inclusive Innovation” in Promoting Social Sustainability	Production and Operations Management	Kalkanci, B. Rahmani, M. Toktay, L.B.	Published Papers	View
Kalkanci, B., M. Rahmani, and B. Toktay. 2019. The Role of “Inclusive Innovation” in Promoting Social Sustainability. Production and Operations Management, 28 (12), 2960–2982
2019	Product Design Decisions under Extended Producer Responsibility	Management Science	Huang, X. Atasu, A. Toktay, L.B.	Published Papers
Huang, X., Atasu, A. and L.B. Toktay, “Product Design Decisions under Extended Producer Responsibility,” Management Science, 65:6 (2019), 2445-2945.
2019	Durability vs. recyclability: Dueling goals in making electronics more sustainable	ScienceDaily	Toon, J. Toktay, L.B.	Other
64. Toon, J. (GT News Article) “Durability vs. recyclability: Dueling goals in making electronics more sustainable,” ScienceDaily, April 4, 2019.
2018	How to Keep Computers out of Landfill and Recyclers out of Prison	Greenbiz	Ferguson, M. Toktay, L.B. Oriaopoulos, N.	Other
Ferguson, M., L.B. Toktay and N. Oriaopoulos, “How to Keep Computers out of Landfill and Recyclers out of Prison,” Greenbiz, February 27, 2018.
2018	An Evaluation of Market-Based Approaches to Extended Producer Responsibility: The Minnesota Recycling Act	Journal of Industrial Ecology	Alev, I. Huang, X. Atasu, A. Toktay, L.B.	Published Papers
Alev, I., Huang, X., Atasu, A. and L.B. Toktay, “An Evaluation of Market-Based Approaches to Extended Producer Responsibility: The Minnesota Recycling Act,” Journal of Industrial Ecology (2018) 1-14.
2018	The Design Implications of Collective EPR Regulation	Management Science	Gui, L. Atasu, A. Ergun, O. Toktay, L.B.	Published Papers
Gui, L., Atasu, A., Ergun, O. and L.B. Toktay, “The Design Implications of Collective EPR Regulation,” Management Science, 64:11 (2018), 4967-5460.
2017	Bridging Surplus with Need: Improving Healthcare in the Developing World	Huffington Post	Atasu, A. Ayer, T. Toktay, L.B. Zhang, C.	Other
Atasu, A., Ayer, T., Toktay, L.B., and C. Zhang. "Bridging Surplus with Need: Improving Healthcare in the Developing World," Huffington Post (2017).
2017	Efficient Distribution of Medical Surplus	Production and Operations Management special issue	Meng, Y. W. Atasu, A. Toktay, L.B. Zhang, Can	Published Papers
Meng, Y. W., Atasu, A., L.B. Toktay and Can Zhang, “Efficient Distribution of Medical Surplus,” Production and Operations Management special issue on “Not-for-Profit Operations Management” 26:6 (2017) 1142-1162
2017	The Car Sharing Economy: Interaction of Business Model Choice and Product Line Design	M&SOM	Bellos, I. Ferguson, M. Toktay, L.B.	Published Papers
Bellos, I., Ferguson, M. and L.B. Toktay, “The Car Sharing Economy: Interaction of Business Model Choice and Product Line Design,” M&SOM, 19:2 (2017) 185-201.
2016	Extracting maximum value from consumer returns: Allocating between Remarketing and Refurbishing for Warranty Claims	M&SOM	Pince, C. Ferguson, M. Toktay, L.B.	Published Papers
Pince, C., Ferguson, M. and L.B. Toktay, “Extracting maximum value from consumer returns: Allocating between Remarketing and Refurbishing for Warranty Claims,” M&SOM 18:4 (2016), 475 – 492.
2016	Fair and Efficient Implementation of Collective Extended Producer Responsibility Legislation	Management Science	Gui, L. Atasu, A. Ergun, O. Toktay, L.B.	Published Papers
Gui, L., Atasu, A., Ergun, O. and L.B. Toktay, “Fair and Efficient Implementation of Collective Extended Producer Responsibility Legislation,” Management Science 62:4 (2016), 1098 - 1123.
2016	3 Ways to Fix E-Waste Regulations	Huffington Post	Atasu, A. Toktay, L.B.	Other
Atasu, A. and L.B. Toktay, "3 Ways to Fix E-Waste Regulations", Huffington Post (2016).
2016	Design and Introduction of Conspicuous Durable Products	M&SOM	Agrawal, V. Kavadias, S. Toktay, L.B.	Published Papers
Agrawal, V., Kavadias, S. and L.B. Toktay, “Design and Introduction of Conspicuous Durable Products,” M&SOM 18:2 (2016), 216 – 226
2016	The Interaction of Technology Choice and Financial Risk Management: An Integrated Risk Management Perspective	Management Science	Boyabatlı, O. Toktay, L.B.	Published Papers
Boyabatlı, O. and L.B. Toktay, “The Interaction of Technology Choice and Financial Risk Management: An Integrated Risk Management Perspective,” Management Science 62:1 (2016), 225-244.
2013	Component Commonality Strategies under Remanufacturing	Production and Operations Management	Subramanian, R. Ferguson, M. Toktay, L.B.	Published Papers
Subramanian, R., Ferguson, M. and L.B. Toktay, “Component Commonality Strategies under Remanufacturing,” Production and Operations Management, 22:1 (2013), 36-53.
2013	Implementing Extended Producer Responsibility Legislation: A Multi-Stakeholder Case Analysis	Journal of Industrial Ecology	Gui, L. Atasu, A. Ergun, O. Toktay, L.B.	Published Papers
Gui, L., Atasu, A., Ergun, O. and L.B. Toktay, “Implementing Extended Producer Responsibility Legislation: A Multi-Stakeholder Case Analysis,” Journal of Industrial Ecology 17:2 (2013), 262-276.
2012	Is Leasing Greener than Selling?	Management Science	Agrawal, V. Agrawal, V. Toktay, L.B. Thomas, V.	Published Papers
Agrawal, V., Agrawal, V., Toktay, L.B. and V. Thomas, “Is Leasing Greener than Selling?”, Management Science, 58:3 (2012), 523-533.
2012	Investing in Forecast Collaboration	M&SOM	Kurtuluş, M. Toktay, L.B. Ulku, S.	Published Papers
Kurtuluş, M., L.B. Toktay and S. Ulku, “Investing in Forecast Collaboration,” M&SOM Winter 2012 14:82-98.
2012	Relicensing Fees as a Secondary Market Strategy	Management Science	Oraiopoulos, N. Ferguson, M. Toktay, L.B.	Published Papers
Oraiopoulos, N., Ferguson, M. and L.B. Toktay, “Relicensing Fees as a Secondary Market Strategy,” Management Science, 58:5 (2012), 1022-1037.
2011	Internal Transfer Pricing for Remanufacturable Products	Production and Operations Management	Toktay, L.B. Wei, D.	Published Papers
Toktay, L.B. and D. Wei, “Internal Transfer Pricing for Remanufacturable Products,” Production and Operations Management 20:6 (2011), 841 – 847.
2011	Category Captainship: Outsourcing Category Management	Production and Operations Management	Kurtuluş, M. Toktay, L.B.	Published Papers
Kurtuluş, M. and L.B. Toktay, “Category Captainship: Outsourcing Category Management,” Production and Operations Management, 20:1 (2011), 47 - 56
2011	Stochastic Capacity Investment and Technology Choice in Imperfect Capital Markets	Management Science	Boyabatlı, O. Toktay, L.B.	Published Papers
Boyabatlı, O. and L.B. Toktay, “Stochastic Capacity Investment and Technology Choice in Imperfect Capital Markets,” Management Science, 57:12 (2011), 2163-2179.
0000	Priority-based Environmental Inspection Strategies	NA	Mohammadshahi, Y. Keskinocak, P. Toktay, L.B. Wang, H.	Published Papers
Mohammadshahi Y., Keskinocak, P., Toktay, L.B. and H. Wang, “Priority-based Environmental Inspection Strategies."

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Department Editor, Environment, Health, and Society at Manufacturing & Service Operations Management

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