Development of a quadruple bottom line-based composite sustainability index to measure sustainable performance
Manufacturing companies worldwide are faced with the critical issue of sustainable development. The aim of this paper is to develop a quadruple bottom line-based composite sustainability index which can be used by manufacturing firms in measuring their sustainable performance. The proposed index sim...
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Main Authors: | , |
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Format: | text |
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Animo Repository
2019
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Online Access: | https://animorepository.dlsu.edu.ph/faculty_research/2877 |
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Institution: | De La Salle University |
Summary: | Manufacturing companies worldwide are faced with the critical issue of sustainable development. The aim of this paper is to develop a quadruple bottom line-based composite sustainability index which can be used by manufacturing firms in measuring their sustainable performance. The proposed index simultaneously considers a firm's economic performance, social performance, environmental performance, and corporate governance. Field study results indicated that an index having a value from 0 to 1 can indeed be computed based on several sustainability indicators expressed in varying units. The index can be employed for performance evaluation to monitor the sustainable performance of a manufacturing company through the years. It can also be utilized for benchmarking to compare sustainable performance with other firms. © 2019 IEEE. |
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