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On the formulation of a multi-dimensional indicator of the sustainability of production

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  • Hamed Fazlollahtabar

Abstract

Concerns regarding the environment and social challenges have led to the evolution of a three-dimensional concept of sustainable development, which is based on costs and benefits in the domains of the economy, environment and society. This article presents such a multi-dimensional evaluation of business development based on data regarding indicators of sustainability. Such a procedure is required to determine whether development is balanced and where development strategies are malfunctioning. The sustainability measure proposed takes into account economic elasticity and pricing parameters, in order to handle the most important element of sustainability, namely macro-economic functions. The implementation of this method and assessment of sustainability are illustrated using data from an agricultural company.

Suggested Citation

  • Hamed Fazlollahtabar, 2025. "On the formulation of a multi-dimensional indicator of the sustainability of production," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 35(3), pages 73-84.
    • Handle: RePEc:wut:journl:v:35:y:2025:i:3:p:73-84:id:4
    DOI: 10.37190/ord250304
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