Mark W. McElroy, Ph.D. is the founder and Executive Director of the Center for Sustainable Organizations and the original developer of the Context-Based Sustainability method.
Mark W. McElroy, Ph.D. is the founder and Executive Director of the Center for Sustainable Organizations and the original developer of the Context-Based Sustainability method. He is also co-founder of Thomas & McElroy LLC, creators of the MultiCapital Scorecard, and a veteran of management consulting including time spent at Price Waterhouse, KPMG and Deloitte Consulting. Dr. McElroy is co-author of 'The MultiCapital Scorecard - Rethinking Organizational Performance' (Chelsea Green, 2016), and also teaches in the 'MBA in Managing for Sustainability' program at Marlboro College in Vermont.
Mark McElroy is tagged in 43 stories.
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Finance & Investment /
Everyone’s heard of financial performance, asset performance and sustainability performance. Now comes **purpose performance**, a new measure of organizational performance that assesses impacts relative to the voluntary commitments organizations make to provide public benefits, contribute to the achievement of the Sustainable Development Goals (**SDGs**), or to generally pursue beneficial purposes of one kind or another. Let’s call performance accounting for purpose, "Purpose Accounting." - 5 years ago
New Metrics /
At the closing of the **New Metrics '17** conference in Philadelphia last month, attendees were asked: “What ‘New Metric’ will you go back and implement in 2017/2018?” The overriding response tabulated in real time and displayed on the big screen in a word cloud (above) was “context based,” meaning [**Context-Based Sustainability**](/read/new-metrics/science-vs-context-based-metrics-what-s-the-difference) (**CBS**) and its corresponding context-based metrics. - 5 years ago
New Metrics /
Last week, the Institute of Directors South Africa (IoDSA) released the King IV Report on Corporate Governance, the long-awaited update to King III, published in 2009. As most readers here will know, South Africa has been a leader in corporate sustainability reporting, having mandated such reporting for listed companies since early 2010. - 7 years ago
New Metrics /
As the importance of measurement and reporting in sustainability continues to grow, it should be helpful, I think, to clarify the distinction between so-called science- and context-based metrics. These terms are not synonymous, although they do overlap. More important is the fact that science-based thinking is by no means sufficient for purposes of setting goals or measuring performance in organizational sustainability — necessary, perhaps, but insufficient. - 8 years ago