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Sustainability metrics and indices are measures of sustainability, using numbers to quantify environmental, social and economic aspects of the world. [1] There are multiple perspectives on how to measure sustainability as there is no universal standard. [ 2 ]
To measure sustainability, frameworks and indicators consider environmental, social and economic domains. The metrics vary by use case and are still evolving. They include indicators, benchmarks and audits. They include sustainability standards and certification systems like Fairtrade and Organic. They also involve indices and accounting.
Environmental indicator criteria and frameworks have been used to help in their selection and presentation. It can be considered, for example, that there are major subsets of environmental indicators in-line with the Pressure-State-Response model developed by the OECD. One subset of environmental indicators is the collection of ecological indicators which can include physical, biological and ...
BREEAM is an assessment undertaken by independent licensed assessors using scientifically-based sustainability metrics and indices which cover a range of environmental issues. Its categories evaluate energy and water use, health and wellbeing, pollution, transport, materials, waste, ecology and management processes. [3]
Context-Based Sustainability (CBS) – also known as Context-Based Accounting – is an open-source, triple/multi-bottom-line, integrated accounting methodology for measuring, managing, assessing and reporting the performance of organizations (and other human social systems) relative to upper and lower limits in, and demands for, vital resources (i.e., capitals) in the world.
The Dow Jones Sustainability Indices (DJSI) launched in 1999, are a family of indices evaluating the sustainability performance of thousands of companies trading publicly, operated under a strategic partnership between S&P Dow Jones Indices and RobecoSAM (Sustainable Asset Management) [1] of the S&P Dow Jones Indices. They are the longest ...
Sustainability reports can help companies build consumer confidence and improve corporate reputations through transparent disclosure on social responsibility programs and risk management. [4] Such communication aims to give stakeholders broader access to relevant information outside the financial sphere that also influences the company's ...
The SSI is used for monitoring the progress of a country on its way to sustainability, for setting policy priorities with respect to sustainability, to make comparisons between countries when assessing corporate risks, for education purposes, and for further research and development.