Sustainability: What It Is and How to Measure It

Gilbert S. Hedstrom provides a business-focused summary of sustainability, including his proprietary framework, The Corporate Sustainability Scorecard TM, with over 140 key sustainability indicators. It has been developed over 20 years and used by over 70 corporations to rate themselves on sustainability, covering transformation, governance, strategy, and execution.

\n Format: Paperback / softback
\n Length: 335 pages
\n Publication date: 05 November 2018
\n Publisher: De Gruyter
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Sustainability: What It Is and How to Measure It

Sustainability is a multifaceted concept that encompasses the integration of environmental, social, and economic considerations into business practices. It involves the responsible management of resources, the reduction of waste and pollution, and the promotion of social and economic equity. Measuring sustainability is crucial for organizations to assess their performance and identify areas for improvement.

One approach to measuring sustainability is through the use of sustainability scorecards. These scorecards provide a comprehensive framework for evaluating an organization's sustainability efforts across various dimensions, such as environmental impact, social responsibility, and governance. The Corporate Sustainability ScorecardTM, developed by Gilbert S. Hedstrom, is a widely used scorecard that includes over 140 key sustainability indicators. These indicators are used to rate an organization's sustainability performance, providing a complete and unbiased understanding of all aspects of sustainability.

Gilbert S. Hedstrom illustrates the use of the Scorecard with hundreds of examples, discussing sustainability transformation, governance, and strategy and execution. He emphasizes the importance of social responsibility and environmental stewardship in achieving sustainable business practices. This important contribution to the debate on sustainability will benefit business executives and those interested in sustainability and business.

To measure sustainability, organizations can use a variety of tools and frameworks, including the Global Reporting Initiative (GRI), the Sustainable Development Goals (SDGs), and the Carbon Disclosure Project (CDP). These tools provide a standardized approach to reporting on sustainability performance and allow organizations to benchmark their efforts against industry peers.

In conclusion, sustainability is a critical issue for organizations today, and measuring sustainability is essential for achieving sustainable business practices. By using sustainability scorecards and other tools and frameworks, organizations can assess their performance, identify areas for improvement, and communicate their sustainability commitments to stakeholders.

\n Weight: 576g\n
Dimension: 238 x 178 x 20 (mm)\n
ISBN-13: 9781547416608\n \n