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SUSTAINABILITY ASSESMENT METHODS: AN EXPLORATORY STUDY

Stefanija Birova

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 1030-1037

Abstract: Nowadays, the concept of sustainablity became a new horizont and a very promicing perspective of generating a better future for the present and for the next generations. This article focus on making a comparative analysis between different methodologies that eight sustainability organizations use on a global level in order to generate a rating. Within the first part, the paper focus on defining the term of sustainability and explainig its necessity. In the second part it presents the comparative analsysis between the methodologies used by the selected sustainablity rating organizations. In the end, the main conslusion of the study is that the methodologies used by sustainability rating agencies are complex and different and all of them have as a basis the same aspects which are fully integrated within the Global Reporting Initative established in United States in 1997 with support of the United Nations Environmental Program.

Keywords: sustainability ratings; sustainable company; GRI; sustainable development. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:11:y:2017:i:1:p:1030-1037

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