Measuring and Reporting on Sustainability Performance in the Cement Industry

Dan Candea () and Adrian Vaida ()
Additional contact information
Dan Candea: The Technical University of Cluj-Napoca, Romania
Adrian Vaida: Cement Australia Pty. Ltd., Brisbane, Australia

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2011, vol. 12, issue 1, 61-72

Abstract: Corporate Social Responsibility (CSR) performance assessment and reporting has drawn a considerable amount of attention. In this context, the Global Reporting Initiative (GRI) has been among the first organizations to develop a framework for sustainability performance reporting, which is synonymous with reporting on CSR actions and results. Now at its 3rd edition, GRI offers a very detailed set of indicators that describe CSR performance as envisioned by the framework. Yet, GRI itself warns that its set of performance indicators is not universally applicable to companies in all industries and, in addition, certain areas of industrial activities may need additional indicators for a reliable and realistic assessment of CSR performance. The Cement Sustainability Initiative (CSI), a global project of a group of cement producers with worldwide presence, that are also members of the World Business Council for Sustainable Development (WBCSD), has been early to recognize the limits of GRI and develop an industry specific approach. The paper analyzes the pathway the cement industry has pursued in order to improve its performance in mitigating social and environmental impacts, and report on the results. Based on direct experience with and firsthand knowledge of the cement industry, the set of alternative performance indicators developed by CSI is presented and a parallel is drawn between that set and the general-purpose indicators developed by GRI. The approach taken by CSI to assure compliance of the quantitative data with accepted reporting principles such as accuracy, reliability, and comparability is also detailed and commented on.

Keywords: cement; measuring; reporting; sustainability. (search for similar items in EconPapers)
JEL-codes: L61 M14 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rmci.ase.ro/no12vol1/05.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:12:y:2011:i:1:p:61-72

Access Statistics for this article

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT is currently edited by Marian Nastase

More articles in REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT from Faculty of Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Marian Nastase ().