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A model for integrated assessment of sustainable development

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  • Krajnc, Damjan
  • Glavič, Peter

Abstract

The focus of the paper is on consideration of how to use indicators to monitor sustainable development in a relevant and useful manner. Integrated information on sustainable development of a company is very essential for decision-making since it is very difficult to evaluate the performance of the company on the ground of too many indicators. The objective of the work was to design a model for obtaining a composite sustainable development index (ICSD) in order to track integrated information on economic, environmental, and social performance of the company with time. Normalized indicators were associated into three sustainability sub-indices and finally composed into an overall indicator of a company performance. This was applied by determining the impact of individual indicator to the overall sustainability of a company using the concept of analytic hierarchy process.

Suggested Citation

  • Krajnc, Damjan & Glavič, Peter, 2005. "A model for integrated assessment of sustainable development," Resources, Conservation & Recycling, Elsevier, vol. 43(2), pages 189-208.
    • Handle: RePEc:eee:recore:v:43:y:2005:i:2:p:189-208
    DOI: 10.1016/j.resconrec.2004.06.002
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    1. Hafeez, Khalid & Zhang, YanBing & Malak, Naila, 2002. "Determining key capabilities of a firm using analytic hierarchy process," International Journal of Production Economics, Elsevier, vol. 76(1), pages 39-51, March.
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    14. Robert Stanisławski, 2022. "Characteristics of Open Innovation among Polish SMEs in the Context of Sustainable Innovative Development Focused on the Rational Use of Resources (Energy)," Energies, MDPI, vol. 15(18), pages 1-15, September.
    15. Thais Thiesen & Mahadev G. Bhat & Hong Liu & Roberto Rovira, 2022. "An Ecosystem Service Approach to Assessing Agro-Ecosystems in Urban Landscapes," Land, MDPI, vol. 11(4), pages 1-23, March.
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    17. Pereira, Javier & Contreras, Pedro & Morais, Danielle C. & Arroyo-López, Pilar, 2022. "A multi-criteria and stochastic robustness analysis approach to compare nations sustainability," Socio-Economic Planning Sciences, Elsevier, vol. 80(C).

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