New Metrics
The new and evolving metrics that are helping expand the way businesses create, quantify, manage and report their impacts, and the value they deliver.
EnergyPoints' Universal Metric Is Linchpin for New Integrated Reporting Application
Software company EnergyPoints unveiled a new application this week designed to enable businesses to issue a single, integrated sustainability report that conveys both the financial and environmental impact of a company’s energy and resource consumption.
Groundbreaking Cabot Study Reveals Shortcomings of Conventional Sustainability Metrics
A new study of carbon emissions highlights striking differences between conventional and new, context-based sustainability metrics.
Let’s Value People as an Asset, and Bring Financial Statements into the 21st Century
What is your organization’s most important asset? CEOs often respond that the organization’s people are its greatest asset. But if this is true, where are people accounted for in the financial statements? Today, people are generally classified as expenses on the income statement and liabilities on the balance sheet – not as an investable asset. Thus, when CEOs seek to increase profit, they cut costs – like people – rather than investing in assets – like people – that can appreciate. What Is Your Organization’s Most Important Asset?
GRI’s G4 Exposure Draft Undermines Sustainable Global Economy
We’re scratching our heads over the Global Reporting Initiative’s recent release of the Exposure Draft of Sustainability Reporting Guidelines.
GRI and Sustainability Context: Explain It Like We’re Four
“Now, explain it to me like I’m a four year old,” says Denzel Washington to Tom Hanks in the 1993 film Philadelphia. We pose this same question to the Global Reporting Initiative, the standard-setter for sustainability reporting.
Clarifying the Business Case for Sustainability and CSR
Michael Porter and Mark Kramer once wrote: "No business can solve all of society’s problems or bear the cost of doing so."
Are Materiality Matrices Really Material?
While it is common practice now for corporate sustainability reports to include materiality matrices, whether or not they actually serve their purpose is debatable.
GRI Responds to "Enforce or Explain"
GRI has now formally responded to the *Enforce or Explain* campaign we launched last month.
A Public Plea to GRI: Enforce or Explain
Motivated, in part, by GRI’s own Report or Explain Campaign, in which GRI exhorts businesses around the world to issue sustainability reports or explain why they don’t, our campaign is aimed at GRI itself.
Do LCAs Measure Up To Sustainability?
Despite the growing use of life cycle assessments to measure the sustainability of products, a strong case can be made that the one has less to do with the other than most people think.
Sustainability Context – What Is It?
CBS is not only the most intellectually rigorous form of sustainability management, it is the one upon which the Global Reporting Initiative (GRI) explicitly relies in the form of what it refers to as sustainability context.
Do Winning Sustainability Reports Measure Up?
While even award-winning sustainability reports have a hard time putting their achievements into context, their relevance relies upon it.
Corporate Sustainability Reporting - Where's the Context?
Call me old-fashioned, but I think a sustainability report should actually tell us something about the sustainability performance of the organization it describes.
Defining "Sustainability": An Open Letter to the FTC
On April 30, 2008, the Federal Trade Commission (FTC) will conduct a second public workshop in its continuing efforts to address the question of how sustainability claims in advertising should be handled.
Mark McElroy on What's Wrong with Sustainability Reporting
While it's great to see so many companies embracing sustainability reporting, most aren't giving us the whole picture, says Mark McElroy.
