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Measuring Sustainable Development. Challenges and Solutions

Author

Listed:
  • CAMÉLIA DUMITRIU

    (UNIVERSITY OF QUEBEC AT MONTREAL)

  • RACHID MOUSTAQUIM

    (UNIVERSITY OF QUEBEC AT MONTREAL)

Abstract

In this paper, the authors present a framework for defining the term ‛Corporate Sustainability Performance’ (CSP) and a method for measuring it. In this framework, which is based on RobecoSAM’s methodology and the Dow Jones Sustainability Index, CSP is a multidimensional construct that has three dimensions - economic, social and environmental. Each dimension comprises a number of factors (91 in total) that should be measured. These factors have various weights and some of them are industry-specific. Based on data collected from RobecoSAM (2015, 2016a), the authors created a database with the 59 industries represented in DJSI, and calculated the importance of each factor, according to its average weight for all industries combined (AV). Then, based on the set of factors that are specific to each industry, the authors calculated the weight of each of the three CSP dimensions for each industry. These weighting factors are used as parameters in the equation that the authors propose for the measurement of CSP.

Suggested Citation

  • Camélia Dumitriu & Rachid Moustaquim, 2017. "Measuring Sustainable Development. Challenges and Solutions," International Conference on Marketing and Business Development Journal, The Bucharest University of Economic Studies, vol. 1(1), pages 131-141, July.
    • Handle: RePEc:aes:icmbdj:v:1:y:2017:i:1:p:131-141
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Corporate Sustainability (CS); Corporate Sustainability Performance (CS); Dow Jones Sustainability Index DJSI).;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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