IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i17p11004-d905682.html
   My bibliography  Save this article

Sustainability and Industry 4.0: Definition of a Set of Key Performance Indicators for Manufacturing Companies

Author

Listed:
  • Giuditta Contini

    (Department of Engineering—“Enzo Ferrari”, University of Modena and Reggio Emilia, Via Vivarelli 10, 41125 Modena, Italy)

  • Margherita Peruzzini

    (Department of Engineering—“Enzo Ferrari”, University of Modena and Reggio Emilia, Via Vivarelli 10, 41125 Modena, Italy)

Abstract

Today, sustainability represents a fundamental concept to be developed and implemented in any industrial context. Therefore, it is essential to be able to measure sustainability performance by proper indicators, along the entire lifecycle and the value chain, considering environmental, economic, and social impacts. Moreover, every manufacturing company should have a specific measuring framework to calculate all the specific parameters. In this direction, the modern digital transition and Industry 4.0 (I4.0) technologies are proposing to transform human–machine relations, with a significant impact on social and organizational aspects. At the same time, digitization can help companies to define and implement sustainability by correlating production with proper evaluation metrics. The aim of this research is to provide a complete overview of sustainability Key Performance Indicators (KPIs) based on the Triple Bottom Line concept, referring to the three sustainability areas. Such an overview can be used by companies to set their specific KPIs and metrics to measure their sustainability level, according to their needs.

Suggested Citation

  • Giuditta Contini & Margherita Peruzzini, 2022. "Sustainability and Industry 4.0: Definition of a Set of Key Performance Indicators for Manufacturing Companies," Sustainability, MDPI, vol. 14(17), pages 1-37, September.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:17:p:11004-:d:905682
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/17/11004/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/17/11004/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fernando E. Garcia-Muiña & Rocío González-Sánchez & Anna Maria Ferrari & Davide Settembre-Blundo, 2018. "The Paradigms of Industry 4.0 and Circular Economy as Enabling Drivers for the Competitiveness of Businesses and Territories: The Case of an Italian Ceramic Tiles Manufacturing Company," Social Sciences, MDPI, vol. 7(12), pages 1-31, December.
    2. Richard Cuthbertson & Balkan Cetinkaya & Graham Ewer & Thorsten Klaas-Wissing & Wojciech Piotrowicz & Christoph Tyssen, 2011. "Sustainable Supply Chain Management," Springer Books, Springer, number 978-3-642-12023-7, June.
    3. Fernando E. Garcia-Muiña & Rocío González-Sánchez & Anna Maria Ferrari & Lucrezia Volpi & Martina Pini & Cristina Siligardi & Davide Settembre-Blundo, 2019. "Identifying the Equilibrium Point between Sustainability Goals and Circular Economy Practices in an Industry 4.0 Manufacturing Context Using Eco-Design," Social Sciences, MDPI, vol. 8(8), pages 1-22, August.
    4. Vladimir Strezov & Annette Evans & Tim J. Evans, 2017. "Assessment of the Economic, Social and Environmental Dimensions of the Indicators for Sustainable Development," Sustainable Development, John Wiley & Sons, Ltd., vol. 25(3), pages 242-253, May.
    5. Kannan Govindan & Aditi & Jyoti Dhingra Darbari & Arshia Kaul & PC Jha, 2021. "Structural model for analysis of key performance indicators for sustainable manufacturer–supplier collaboration: A grey‐decision‐making trial and evaluation laboratory‐based approach," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 1702-1722, May.
    6. Mohamed Abubakr & Adel T. Abbas & Italo Tomaz & Mahmoud S. Soliman & Monis Luqman & Hussien Hegab, 2020. "Sustainable and Smart Manufacturing: An Integrated Approach," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    7. Erol, Ismail & Sencer, Safiye & Sari, Ramazan, 2011. "A new fuzzy multi-criteria framework for measuring sustainability performance of a supply chain," Ecological Economics, Elsevier, vol. 70(6), pages 1088-1100, April.
    8. García-Granero, Eva M. & Piedra-Muñoz, Laura & Galdeano-Gómez, Emilio, 2018. "Eco-innovation measurement: A review of firm performance indicators," MPRA Paper 119905, University Library of Munich, Germany.
    9. Agneta Sundström & Zahra Ahmadi & Kristina Mickelsson, 2019. "Implementing Social Sustainability for Innovative Industrial Work Environments," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carlos Andrés Tavera Romero & Diego F. Castro & Jesús Hamilton Ortiz & Osamah Ibrahim Khalaf & Miguel A. Vargas, 2021. "Synergy between Circular Economy and Industry 4.0: A Literature Review," Sustainability, MDPI, vol. 13(8), pages 1-18, April.
    2. Xiaoxia Chen & Mélanie Despeisse & Björn Johansson, 2020. "Environmental Sustainability of Digitalization in Manufacturing: A Review," Sustainability, MDPI, vol. 12(24), pages 1-31, December.
    3. Chauhan, Chetna & Parida, Vinit & Dhir, Amandeep, 2022. "Linking circular economy and digitalisation technologies: A systematic literature review of past achievements and future promises," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    4. Fernando E. García-Muiña & María Sonia Medina-Salgado & Anna Maria Ferrari & Marco Cucchi, 2020. "Sustainability Transition in Industry 4.0 and Smart Manufacturing with the Triple-Layered Business Model Canvas," Sustainability, MDPI, vol. 12(6), pages 1-19, March.
    5. Idiano D’Adamo & Paolo Rosa, 2019. "A Structured Literature Review on Obsolete Electric Vehicles Management Practices," Sustainability, MDPI, vol. 11(23), pages 1-17, December.
    6. Jaroslav Vrchota & Martin Pech & Ladislav Rolínek & Jiří Bednář, 2020. "Sustainability Outcomes of Green Processes in Relation to Industry 4.0 in Manufacturing: Systematic Review," Sustainability, MDPI, vol. 12(15), pages 1-47, July.
    7. Adriana Neligan & Rupert J. Baumgartner & Martin Geissdoerfer & Josef‐Peter Schöggl, 2023. "Circular disruption: Digitalisation as a driver of circular economy business models," Business Strategy and the Environment, Wiley Blackwell, vol. 32(3), pages 1175-1188, March.
    8. Piccarozzi, Michela & Silvestri, Cecilia & Aquilani, Barbara & Silvestri, Luca, 2022. "Is this a new story of the ‘Two Giants’? A systematic literature review of the relationship between industry 4.0, sustainability and its pillars," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    9. Krzysztof Ejsmont & Bartlomiej Gladysz & Aldona Kluczek, 2020. "Impact of Industry 4.0 on Sustainability—Bibliometric Literature Review," Sustainability, MDPI, vol. 12(14), pages 1-29, July.
    10. Hafezalkotob, Ashkan, 2017. "Competition of domestic manufacturer and foreign supplier under sustainable development objectives of government," Applied Mathematics and Computation, Elsevier, vol. 292(C), pages 294-308.
    11. Hametner, Markus, 2022. "Economics without ecology: How the SDGs fail to align socioeconomic development with environmental sustainability," Ecological Economics, Elsevier, vol. 199(C).
    12. Daozhi Zhao & Jiaqin Hao & Cejun Cao & Hongshuai Han, 2019. "Evolutionary Game Analysis of Three-Player for Low-Carbon Production Capacity Sharing," Sustainability, MDPI, vol. 11(11), pages 1-20, May.
    13. Hörisch, Jacob & Ortas, Eduardo & Schaltegger, Stefan & Álvarez, Igor, 2015. "Environmental effects of sustainability management tools: An empirical analysis of large companies," Ecological Economics, Elsevier, vol. 120(C), pages 241-249.
    14. Matheus B. Frare & Ana P. C. Clauberg & Simone Sehnem & Lucila M. S. Campos & Juliano Spuldaro, 2020. "Toward a sustainable development indicators system for small municipalities," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1148-1167, September.
    15. Laura Virta & Riikka Räisänen, 2021. "Three Futures Scenarios of Policy Instruments for Sustainable Textile Production and Consumption as Portrayed in the Finnish News Media," Sustainability, MDPI, vol. 13(2), pages 1-16, January.
    16. Asghari, M. & Afshari, H. & Jaber, M.Y. & Searcy, C., 2023. "Credibility-based cascading approach to achieve net-zero emissions in energy symbiosis networks using an Organic Rankine Cycle," Applied Energy, Elsevier, vol. 340(C).
    17. Fabio De Felice & Antonella Petrillo, 2021. "Green Transition: The Frontier of the Digicircular Economy Evidenced from a Systematic Literature Review," Sustainability, MDPI, vol. 13(19), pages 1-26, October.
    18. Maria Ghufran & Khurram Iqbal Ahmad Khan & Fahim Ullah & Wesam Salah Alaloul & Muhammad Ali Musarat, 2022. "Key Enablers of Resilient and Sustainable Construction Supply Chains: A Systems Thinking Approach," Sustainability, MDPI, vol. 14(19), pages 1-19, September.
    19. Md Abu Toha & Satirenjit Kaur Johl, 2021. "Panel Dataset to Assess Proactive Eco-Innovation in the Paradigm of Firm Financial Progression," Data, MDPI, vol. 6(12), pages 1-10, December.
    20. Cinzia Colapinto & Raja Jayaraman & Fouad Ben Abdelaziz & Davide La Torre, 2020. "Environmental sustainability and multifaceted development: multi-criteria decision models with applications," Annals of Operations Research, Springer, vol. 293(2), pages 405-432, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:17:p:11004-:d:905682. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.