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Toward a Methodology for Social Sustainability Assessment: a Review of Existing Frameworks and a Proposal for a Catalog of Criteria

Author

Listed:
  • Fanny Richter

    (Chemnitz University of Technology)

  • Wladislav Gawenko

    (Chemnitz University of Technology)

  • Uwe Götze

    (Chemnitz University of Technology)

  • Michael Hinz

    (Chemnitz University of Technology)

Abstract

Social sustainability and, in particular, its measurement and reporting are gaining importance in society, politics and business but are facing major challenges. This is because there are no standardized and uniform approaches or frameworks. The existing approaches cover social issues, but no systematic presentation has been proposed. Moreover, there is no approach that can be applied in both management accounting and financial reporting. The aim of this paper is to present a catalog of criteria for addressing this issue and thus to close the research gap. For this purpose, frameworks utilizing catalogs of criteria for social sustainability assessment and reporting are analyzed and critically reviewed. One major weakness found is that all frameworks are oriented around only socially protected values in their catalogs. As social sustainability is focused on the impact on stakeholders, these are frequently missed. One solution to this problem is to adopt a 1:1 ratio of socially protected values to stakeholders, which is developed and described in this paper via a catalog of criteria. Furthermore, a systematic presentation of social issues using a four-level structure is proposed. Social indicators are, in turn, assigned to subcategories, to supercategories, and finally to stakeholders. This not only improves transparency and comprehensibility but also simplifies decision-making. A procedure model for the application of the catalog is also suggested. Such a catalog has not been described in previous research.

Suggested Citation

  • Fanny Richter & Wladislav Gawenko & Uwe Götze & Michael Hinz, 2023. "Toward a Methodology for Social Sustainability Assessment: a Review of Existing Frameworks and a Proposal for a Catalog of Criteria," Schmalenbach Journal of Business Research, Springer, vol. 75(4), pages 587-626, December.
    • Handle: RePEc:spr:sjobre:v:75:y:2023:i:4:d:10.1007_s41471-023-00174-y
    DOI: 10.1007/s41471-023-00174-y
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    References listed on IDEAS

    as
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