who discussed a first draft of the report and provided valuable input. This first set was compiled before Sweden had a strategy for sustainable development and were therefore an important underlying document when building up the strategy. Sweden’s National Strategy for Sustainable
Development was published in April 2002. As the strategy will continue to develop, new indicators will also be developed in the coming years. 4.3.1 Sustainable development indicators. The development toward sustainability in public sectors are reflected by sets of indicators structured along four themes. However, most of the finally selected indicators as well as the indicators discussed during our work are commonly used in other sustainable Development Reports. The work of the Brundtland Commission and others provides the background for the approach we have chosen to structure the indicators. Sustainability indicators are generally designed to illustrate the economic, environmental and social dimensions of sustainable development. As corporate sustainability is a multidimensional and complex concept, measuring sustainability in business practices requires a combination of multiple indicators that reflect different characteristics of companies (Ahi and Searcy, 2015; Kantabutra, 2014; Keeble et al., 2003; Searcy, 2011; Searcy et al., 2005). Because of no standardized disclosure regulation for corporate sustainability data, corporate managers have an increasing demand for detailed benchmarking indicators of corporate sustainability published by specialized data providers such as Bloomberg Sustainability (Escrig-Olmedo et al., 2010 ; Halbritter and Dorfleitner, 2015; Peiro-Signes, 2013). Most data providers generally measure sustainability in business practices by the pillar scores including environmental, social, governance and economic performance. In addition to individual pillar scores, the overall score based on the equally weighted aggregation of the pillar scores is typically reported. There is a danger in categorizing a set of indicators with these dimensions since the same phenomena can often be viewed from several perspectives. We have chosen to structure our indicators under themes that we have named Efficiency, Equality/Participation, Adaptability and Values and resources for coming generations. Within these themes, the indicators encompass economic, environmental and social dimensions. The aim is to bring a focus to the different
facets of the transition towards sustainability, rather than serving as a judgment on the present state of sustainability. 4.3.2 Indicators of efficiency. Robust and easily understandable indicators are needed to provide signals and measure progress in improving resource efficiency. Resource efficiency needs a consistent definition, between nations, disciplines and business sectors.3 Indicators on Efficiency focus on resource use from different perspectives. Resource productivity is undoubtedly one of the key issues in a transition to a sustainable society. At ministry of tourism and energy, one of the most challenging issues when it comes to efficiency was lack of resources. This major issue was addressed by all the respondents the researcher interviewed
You've reached the end of your free preview.
Want to read all 12 pages?
- Fall '18
- DR MAAME ADWOA GYEKYE JANDO
- Ministry of Tourism, Ghana Tourism Authority