SUSTAINABILITY PERFORMANCE INDICATORS
József GÖNCZI
Doctoral School of Economic Sciences, Faculty of Economic Sciences, University of Oradea, Romania
Abstract: Sustainable Balanced Scorecard (SBSC), Organizational Sustainability Performance Index (OSPI), and Corporate Sustainability Index (ISE) are all tools that help organizations measure and manage their sustainability performance. SBSC integrates sustainability considerations into traditional performance management systems, while OSPI and ISE provide sustainability performance benchmarks for organizations to assess their sustainability performance and identify areas for improvement. These indicators reflect a growing emphasis on measuring and managing sustainability performance in organizations and are likely to become increasingly important as stakeholders demand more transparency and accountability in sustainability reporting. Sustainable Management System (SMS), Environmental Management Accounting (EMA), Sustainability Management Accounting (SMA), and the Composite Index of Sustainable Development (ICSD) are all indicators that reflect the growing emphasis on sustainable practices and accounting frameworks in today’s business and economic. SMS helps organizations integrate sustainability considerations into their operations, while EMA and SMA provide tools for identifying and measuring the environmental and social costs and benefits of business activities. ICSD measures a country’s progress towards sustainable development based on various economic, social, and environmental indicators. These indicators suggest a growing recognition of the importance of sustainability in economic development and decision-making processes, and are likely to become increasingly important as organizations and governments continue to prioritize sustainability.
Keywords: Sustainable Balanced Scorecard (SBSC), Organizational Sustainability Performance Index (OSPI), Corporate Sustainability Index (ISE), Sustainable Management System (SMS), Environmental Management Accounting (EMA), Sustainability Management Accounting (SMA) and the Composite Index of Sustainable Development (ICSD)
