Presentation given to Society of Petroleum Engineers, Gulf Coast Section Study Group, Houston, TX October, 2016 How to measure your company’s sustainability performance; What a good measurement looks like These allow you to keep track of sustainability progress and track any potential for improvement in the future. It evaluates national or international relationships and the impact on the local territory. The metrics used for the measurement of sustainability are still evolving: they include indicators, benchmarks, audits, indexes and accounting, as well as assessment, appraisal and other reporting systems. What is “Constructive Alps”? We present the state of the art by comparing the three most prominent methods to measure SDGs performance at country level: the Sustainable Development Goals Index developed by the Bertelsmann Stiftung and the Sustainable Development Solutions Network – SDSN (Lafortune et al., 2018; Sachs et al., 2018), the OECD's Distance measure (OECD, 2017), and Progress measures … We reviewed all the data available around the world relating to the goals, and performed a consultation involving the more than 500 research institutes within the Sustainable Development Solutions Network, which was created under the … A hypothesis is built consistent to the phenomena observed and according to a problem observed. If you find yourselves wandering around the pedestrian areas of Rotterdam, do not forget to look down at your feet. A holiday in a villa between luxury and sustainability, Street Art in Rotterdam: from art to sustainability in just a few steps. com/sustainability.html. Among those that do, the definition varies: 55 percent define sustainability as the management of issues related to the environment (for example, greenhouse gas emissions, energy efficiency, waste management, green-product development, and water conserva… It is an important lens through which to view a transportation project, and enables transportation agencies and project sponsors to make decisions that benefit the future as well as the present. However, having said this, let’s find out about these 5 main indicators (given by recent scientific research on the magazine GreenTire in collaboration with the Bocconi University of Milan) to measure the sustainability of your company. I do am interested in sustainable solutions and travels. Nowadays, everything about sustainability is fashionable, it sells, and it pays too. Data is often so dispersed around the departments, company suppliers and subcontractors that without a simple, understandable and effective measurement tool the company will probably not be able to provide timely updates of their sustainability performance. Step 2. One potential reason so many companies don’t actively address sustainability despite the attention paid to it by the media and some consumers and investors is that many have no clear definition of it. We have selected 10 incredible villas […], The second industrial city in the Netherlands combines street art and sustainable development to give its citizens a brand new conscience. Sustainability can support the multiple goals of effective transportation projects. 1200 New Jersey Ave SE, Washington, DC 20590 The last indicator represents how the company acts in the social context. Each country we operate in reports on these indicators every six months through our data management tool Solaris, which is part of our financial reporting system. They are applied over a wide range of spatial and temporal scales. For several decades, performance measurement has been used as an internal informational tool to eva… “Sustainability performance measurement is a necessary undertaking because it allows a municipality to quantify its achievements, identify gaps, and prioritize ongoing sustainability initiatives.” (Live link at www.jgpress. For example, a measurable indicator (KPI) can be the quantity of fines for infractions. FHWA’s emphasis on safety fits within the overall sustainability definition and recognizes that an organization may choose to emphasize specific sustainability components, such as safety. As sustainability has gained attention in the last few decades, organizations are placing more emphasis on how to measure sustainability. To help ensure initial dat… The idea of sustainability does not limit the value or importance placed on individual goals for a project or organization. Define the … For this reason, it is important to acknowledge if the suppliers use renewable energy sources; the amount of carbon dioxide produced by moving the products; if the product may be recycled or reused. Sustainability metrics and indices are measures of sustainability, and attempt to quantify beyond the generic concept. FHWA’s Safety Program is committed to work with State and Local partners and others in the transportation community to develop and promote programs and technologies to reduce the number of fatalities and injuries on our Nation’s roadways. Tracking key performance indicators (or KPI’s) is a well-known crucial process for any business. These three key principles should be measured, but they do not, of themselves, provide a measurement system. Environmental sustainability (CSF) = increase monthly office recycle of waste by two cartons or introduce a 'green' policy for purchasing and working with other business partners (KPIs) Optimise resource allocation (CSF) = increase employee sales as a percentage of net sales or reduce excess and aged stock by 20 percent by half year (KPIs). Unconventional sustainability performance data can be estimated and employed to permeate decision-making. For defining a company as “sustainable”, it is important to take into account the whole product life cycle, from the choice of raw materials to the final disposal. For FHWA, safety has a unique role in sustainability as a key component of the social principle of the triple bottom line. Although many indicators exist that capture the different dimensions of sustainability, a composite indicator that integrates across all indicators is important as it helps to summarize multi-dimensional issues and provide synthesized information. This means that performance must be linked to environmental and social thresholds across the chain. INVEST provides an opportunity to consider sustainability with other performance measures in the decision making process without attempting to mandate values or choices. This indicator also shows the impact on the life quality of the employees and the local community. Sustainability has evolved much farther than just measuring carbon emissions, which means it requires management of many factors. Evaluate product sustainability performance. We get a lot of people asking us for a basic overview of what tools are available to measure sustainability performance and outcomes in buildings. As sustainability has gained attention in the last few decades, organizations are … Though there are disagreements among those from different disciplines (and influenced by different political beliefs about the nature of the good society), these disciplines and international organizations have each offered measures or indicators of how to measure the concept. Decisions about policy, projects and operations should consider balancing the principles of sustainability but there is no requirement to do so for each and every decision. Tourism is such a relevant topic for me, not only from an academic point of view but also from a personal one. Some of the best known and most widely … The first indicator for a company’s sustainability is about respecting the rules and the national or international standards. Conformity. An environmental profit and loss account (EP&L) is a standardized way to express life cycle impacts in monetary value – which is easy to grasp for outsiders. But, according to a recent study, the real champion of the sustainability are the women.  They produce less rubbish, they put more attention on recycling, they consume more organic and kilometer 0 products and use more often the soft mobility. Sustainability reporting produces a lot of data from different sources and with different metrics. The Highway and Traffic Safety best practices that are included in INVEST represent the latest approaches to evaluate safety performance and mitigate risks. This indicator underlines those aspects that are about the company itself. sustainability performance in organizations? What are the corresponding indicators that must be taken into account? 2. United States Department of Transportation - Federal Highway Administration While balancing the triple bottom line principles to achieve sustainability is an ideal goal, and may help guide the decision making process, it will not be achievable in every project. The second KPI introduces by the GreenTire measures the number of resources and raw materials that are used, the amount of waste and the emissions that they generate. “Stand straight, walk proud” suggest the crosswalk that passes through one of the most chaotic […], In the last years people around the world are becoming more sensitive towards sustainable topics. What kind of regulation do you have for protecting the employees? The first indicator for a company’s sustainability is about respecting the rules and the … What are the effects that your company produces? Water shortages already affect every continent, and water scarcity listed as one of the … Solution engineering. The emission of CO2 and other compounds resulting from the burning of fossil fuels is the … There are a multitude of impacts to consider: impacts on water use and water supply; impacts on human health; and even social impacts on … We do tend to equate sustainability more with environmental factors than others. While a balanced treatment of all three is an ideal goal, it is not always achievable. With a shift towards outcome-focused sustainability standards and measurement, ISEAL commissioned 3Keel to review different metrics for monitoring sustainability performance. […], Architecture, Alps and Attention to sustainability: these are the 3 “A”s of the Constructive Alps project. Here is an overview of the main ‘Green Tools of the Trade’ for Green residential buildings in Australia. Constructive Alps: what if sustainability was also social. SDG Monitor makes it easy for companies to find the best matches with their actions and SDG business indicators. A significant aspect of sustainability performance is determining the stakeholders. Measure Progress. In recent years there has been increasing global pressure on all levels of governments to improve performance. Social, environmental and economic effects are results that corporations are progressively striving to evaluate concerning sustainability and CSR. These linkages distinguish sustainability measurement and reporting from other forms of reporting. I am Alessandro Gallo, currently student of “Linguistic Intermediation for the Tourism and the Enterprises” at the University of Trento, in Italy. Data collection is key to driving our sustainability performance. Using sustainability as a metric generally means an expansion of the traditional business reporting framework to take into account social and environmental performance in addition to economic performance (the Triple Bottom Line). Many organisations, companies and governments are responding to the urgency of the global environmental crisis and mounting social inequality by doubling down on their sustainability commitments, policies … For further information on sustainability, read our blog and subscribe to our newsletter! We help organisations understand and prioritise what to measure, how to measure it and how to engage their supply chain to support the process. A key aspect of sustainable procurement according to the ISO 20400 standard is measurement and management of sustainability performance. Here are three steps companies can take as they establish or adapt their corporate sustainability programs: Step 1. An indicator that evaluates both the environmental and economic part of a company for defining it as “sustainable”. This paper aims to verify the sustainability performance of Brazilian organizations in performance measures and to propose sustainable guidelines … Measuring and Evaluating Business Sustainability: Development and Application of Corporate Index of Sustainability Performance March 2013 DOI: 10.1007/978-3-642-32081-1_3 The sustainability best practices included within INVEST go beyond the basic requirements. Climate. However, this goal of obtaining balance becomes more achievable when these principles are applied across a portfolio of projects or to an entire system planning program or operations and maintenance program. We believe that the SDGs are the best available framework to measure an holistic sustainability plan. Sustainability objectives such as safety, mobility, environmental protection, livable communities, asset management also help achieve transportation project goals. Web Policies & Notices | FOIA | Privacy Policy | No Fear Act | Report Waste, Fraud and Abuse | USA.gov | WhiteHouse.gov. A portfolio sustainability assessment can help you understand which products or product groups are high performers and which require attention. Thankfully, measuring sustainability is … Health, access to education, personal safety, good housing standards, employment opportunities and social inequality are all requirements of sustainability and most of these are measured. In cooperation with AGRAVIS Raiffeisen AG, our applied sustainability team in Europe developed a customized online calculation tool in order to compare different feed mixes for pigs along the entire value chain from seed to feed. More posts by Alessandro Gallo →, You are looking for a villa just for you and your friends, an exclusive place to spend your holidays with your family, a destination that combines luxury and comfort with respect for the environment and sustainability. This instrument measures the performance of all 193 countries regarding the SDGs, examining up to around 100 indicators per country in the process. Sustainability measurement is the quantitative basis for the informed management of sustainability. A contest that awards eco-friendly buildings not only from the environment’s perspective, but also from the social one… is this the new frontier of sustainability? Like some other important transportation objectives, safety also stands by itself as a way to measure or evaluate a project. It is important to be eco-friendlier, for every aspect of our lifestyles, including our work. Integrating the UN Sustainable Development Goals into sustainability performance requires new organizational approaches and methods. Supporting the headline vision statement must be specific and measurable goals aimed at achieving the sustainability strategy. You’re in the right place, because this article is designed just for you. Therefore, many organizations are developing organization-specific or industry-specific measurement tools and best practices to help them achieve the appropriate balance across Social, Environmental and Economic principles. Overall, 20 percent of executives say their companies don’t. 2. Water. Strategic planning and alignment. In this video you will learn the importance for companies of measuring their sustainability performance, the steps they can take in order to build a robust measurement system, and how to manage a business in line with what the world needs. Firstly, it is necessary to underline the fact that for defining a company as sustainable, it must respect three different criteria on sustainability: So, please notice that the term “sustainable” is not only about the environmental impact but also about the economic and social effects that the company should hold. How many accidents at work have you had in your organization? For this reason, recent research made by the society “Green Intelligence” warns us. Measuring sustainability performance is also teamwork. First, any effort to measure and report on supply chain sustainability must explicitly consider the broader context in which the chain exists. In Australia, this has been reflected in the increased number of government programs, particularly in the areas of health, employment, social welfare, education and defence (Codd, 1991; Parker and Guthrie, 1993; Clark and Corbett, 1999; O’Faircheallaigh et al., 1999; Hoque and Moll, 2001). Discover new sustainable accomodations, eco-friendly ideas, tips to live green and more! However, while the information of each indicator (e.g. Just ask these questions and you will have a clearer idea of the social and environmental effects of your company. A sustainability strategy includes a vision statement that should express where an organisation wants to be in the future in relation to their sustainability performance. One method for measuring the sustainability of highways is to assess a program or project against existing best practices. Using these approaches goes above and beyond past methods. However, many ignore the potential to measure sustainability KPI’s. Some aspects of sustainability are not easy to be measure as some data are considered to be “latent”, not immediately measurable. It is important to get information on this situation and being aware of the fact that it is really important to make your companies go green. These cover the four pillars of our sustainability management system and the requirements of GRI as well as the Dow Jones Sustainability World and Europe Indices. This study aims to investigate how the Australian energy industry responds to sustainability requirements and in particular what indicators used to measure sustainability performance. They analyzed 426 SME that have used green-oriented advertisement campaigns and the result is that two-thirds of them declare that the “green” was a sub-strategy, called “greenwashing”. By considering these sustainability indicators, through accurate analysis, we can develop a critical point of view towards the sustainability of our company and identify the aspects that have to be improved for reaching a good balance among the three areas of action of sustainability (social, environmental and economic). [http://www.sustainablecitiesinstitute.org/view/page.basic/ checklist/feature.checklist/ … WHAT IT COVERS. Measuring sustainability is difficult because there is no universal definition and it encompasses many aspects of our society, economy, and governing institutions in addition to our interaction with the natural environment. But how can we measure the environmental sustainability of your company? Here’s our firts “A”: Architecture. Constructive Alps is literally the International Prize for sustainable […], 3 sustainability’s pillars, photo via Wikipedia, measuring sustainability’s data, pic by William Iven via Unsplash, stop the greenwashing, Lauri Rantala via Flickr. Progress on our sustainability targets is tracked using more than 90 quantitative indicators. Develop an evaluation "blueprint" ... Too often, nonprofits fail to incorporate evaluation into their … What about its utter environmental impact? Frameworks help to measure sustainability by recording, classifying and summarizing information in organizations. Highway and road projects are built and operated for many different reasons and are designed to accomplish many different goals. For this reason, it is important to identify the indicators, called KPI (Key Performance Indicators), that produce data that can be measured through specific tools and clear systems. 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