Measuring up: Toward a common framework for tracking corporate environmental performance
- 20 April 2013
- book chapter
- Published by GSE Research Limited
Abstract
‘You can't manage what you don't measure’, states a well-known adage. Business environmental performance is a case in point. Many forward-thinking firms recognise the need to better manage the environmental impacts of their activity. At the same time, others outside of firms—communities, regulators, investors and customers—are demanding more meaningful information on corporate environmental performance. While these diverse audiences share a common interest in environmental performance, no agreement has emerged on how to measure it. Environmental performance indicators (EPIs)—information used to measure and to motivate progress toward environmental goals—can serve the information needs of business managers as well as those of others outside corporate walls. But for EPIs really to be effective, a common set of metrics must emerge that are universally adopted and understood by all.Keywords
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