The Role Of Sustainability Key Performance Indicators (KPIs) In Implementing Sustainable Strategies

The integration of sustainability dimensions into the value creation process has garnered significant attention in the academic realm over the past two decades.

The 2030 Agenda, which established the Sustainable Development Goals (SDGs) to protect our planet, underscored the pivotal role of sustainability issues.

Globally, companies are now tasked with aligning their strategies with environmental, social, and economic dimensions. Despite this imperative, many firms struggle to connect sustainability aspects with their strategies, leading to challenges in measuring sustainable development through relevant key performance indicators (KPIs).

This study aims to address two key objectives:
✅ Firstly, to pinpoint the appropriate KPIs influencing company performance based on existing literature and management practices.
✅ Secondly, to introduce a fresh perspective on integrating sustainability concerns into corporate strategies. Through a methodical approach, 82 papers focusing on KPIs related to sustainability were analyzed. By reviewing these papers and conducting a survey among Italian managers, a sustainability-oriented framework was crafted, tailoring the most suitable KPI system for each discussed dimension.

The proposed model advocates for the incorporation of sustainability dimensions into corporate strategies to achieve strategic alignment, thereby fostering a competitive edge and facilitating the creation of sustainable value.

Source:

https://www.linkedin.com/posts/imed-harkat-b8021a1a2_sustainability-activity-7346113435320938497-3WB7/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAtGGkQBsxwMBmX3lEJO8btihnfBCaHqTz4