PROGRESS AND PERFORMANCE OF THE ECONOMY
GDP growth has been strong ... but does not correlate well with quality of life and standard of living in wealthy mature economies
PROGRESS AND PERFORMANCE OF THE ENVIRONMENT
Degradation of the environment has been ignored for most of modern history. There is a growing appreciation that this is not sustainable.
PROGRESS AND PERFORMANCE OF THE FINANCIAL ECONOMY
There are powerful metrics about financial performance ... but nothing of equivalent power for other segments of the system
MANAGING EXTERNALITIES Progress should be assessed not only for the organization or project but also for the impact on community (which comprises outside society and the natural environment.
.
MANAGEMENT METRICS for PRODUCTS PRODUCTS connect different pieces of the socio-enviro-economic system
Data drives knowledge and understanding.
Data should be used to drive all the steps of decision making: (1) Plan; (2) Organize; and (3) Implement.
Progress is when the Post Activity status is better than the Pre Activity status.
Data should be flowing to inform at every possible stage where decisions may be made to improve performance.
Progress should be assessed not only for the organization or project but also for the impact on community (which comprises outside society and the natural environment.
Evidence that market mechanisms will solve all problems does not exist Adam Smith's 'invisible hand' is a useful idea, but rarely applies in the modern world
where data are increasingly being employed for sophisticated decision making
Worse ... most products are now flowing through an economic system that is more concentrated than at any time in history, and the prices are optimized using technology (like AI with Big Data) so that the most powerful parts of the various supply chains maximize their profits. It serves these organizations well to support the myth of capitalist competition and free markets when the system is being gamed to maximize control and profits!
ANALYSIS AND REPORTING of PRODUCTION (I) SUPPLY CHAIN
ANALYSIS AND REPORTING of PRODUCTION (II) PRODUCTION
ANALYSIS AND REPORTING of PRODUCTION (III) USE
ANALYSIS AND REPORTING of PRODUCTION (IV) POST USE WASTE
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Emission Reduction Unit (ERU)
An ERU represents a reduction of greenhouse gases under the Joint Implementation mechanism of the Kyoto Protocol, where it represents one tonne of CO2 equivalent reduced.[1]
To allow comparison between the different effects of gases on the environment, scientists have defined multipliers for gases that compare their greenhouse potency (global warming potential) relative to that of carbon dioxide.
'https://en.wikipedia.org/wiki/Emission_Reduction_Unit'
Global Warming Potential (GWP)
Global warming potential (GWP) is a relative measure of how much heat a greenhouse gas traps in the atmosphere. It compares the amount of heat trapped by a certain mass of the gas in question to the amount of heat trapped by a similar mass of carbon dioxide.
A GWP is calculated over a specific time interval, commonly 20, 100, or 500 years. GWP is expressed as a factor of carbon dioxide (whose GWP is standardized to 1).
'https://en.wikipedia.org/wiki/Global_warming_potential'
Advancement of Sustainability in Higher Education (AASHE)... STARS
AASHE_STARS_1.2_Technical Manual from 2012
STARS ... Sustainability Tracking, Assessment and Rating System
'http://truevaluemetrics.org/DBpdfs/Metrics/AASHE/AASHE_STARS_1.2_TechnicalManual.pdf'
Big Society Capital: Social Impact Tests and Thresholds-2014
'http://truevaluemetrics.org/DBpdfs/Initiatives/BSC/BSC-Social-Impact-Tests-and-Thresholds-2014.pdf'
Cambridge Institute for Sustainable Leadership (CISL)
CISL-Healthy-Ecosystem-Metric-Framework-2017
May 2017 – Investors and companies want to demonstrate their positive impacts on natural capital and show they are reversing the trend of natural environment degradation. The challenge is to identify metrics that are relevant for businesses’ decision-making processes, whilst being simple and practical for investors to use. This working paper outlines the concept for such metrics as developed by members of the Natural Capital Impact Group. It explores how the metric can be categorised as impacts upon the quality and quantity of soil, water and biodiversity. The paper explains the simple methodology that can be applied for business to calculate their impacts consistently and comparably, focusing particularly on the biodiversity component of this metric (soil and water components will be described in separate papers).
'http://truevaluemetrics.org/DBpdfs/Metrics/CISL/CISL-Healthy-Ecosystem-metric-framework.pdf'
White Paper ... MB6 ... Workiva / Deutsche Bank
The CFO and the Sustainability Reporting Chain: Why CFOs should care about sustainability reporting
'http://truevaluemetrics.org/DBpdfs/Management/WP_The CFO and the Sustainability Reporting Chain-MB6-Workiva.pdf'
Center for Sustainable Organizations ... Social Footprint
Center-for-Sustainable-Organizations-Social-Footprint-2014
Insights from Banks in Emerging Markets
'http://truevaluemetrics.org/DBpdfs/Initiatives/CSO/Center-for-Sustainable-Organizations-Social-Footprint-2014.pdf'
Sustainability Reporting
Putting sustainability in context
GRI response statement to the Center for Sustainable Organizations 21 September 2011 ... with TPB comment 160727
Destination-2050 ... A Concepts Bank and Toolkit for Future MAkers ... Peter Ellyard
'http://truevaluemetrics.org/DBpdfs/Metrics/Ellyard/Destination-2050.pdf'
GHG-Conversion-Factors-FlatFileFormat-2014
Department of Environment, Food and Energy in the UK - 2014
'http://truevaluemetrics.org/DBpdfs/Metrics/Environment/GHG-Conversion-Factors-FlatFileFormat-2014.pdf'
The EHS Management Toolkit
The Changing Role of Today’s EHS Manager and Tactics to Thrive in the New EHS Landscape
'http://truevaluemetrics.org/DBpdfs/Metrics/EHS/Enablon-EHS-How-to-thrive-2015.pdf'
The EHS Management Toolkit
The Changing Role of Today’s EHS Manager and Tactics to Thrive in the New EHS Landscape
'http://truevaluemetrics.org/DBpdfs/Metrics/EHS/Enablon-EHS-How-to-thrive-2015.pdf'
Critical_review_by_DEKRA_2014_03
The subject of this critical review is the development and continuous management process of key technology datasets for generic use included in the GaBi database.
'http://truevaluemetrics.org/DBpdfs/Metrics/PE/Critical_review_by_DEKRA_2014_03.pdf'
Social Value Creation
MEASURING AND/OR ESTIMATING SOCIAL VALUE CREATION: Insights Into Eight Integrated Cost Approaches
'http://truevaluemetrics.org/DBpdfs/Metrics/GatesFndn/wwl-report-measuring-estimating-social-value-creation.pdf'
Global Initiative for Sustainability Ratings ... GISR
GISR_Principles_Beta_Public_Consultation May 2013
'http://truevaluemetrics.org/DBpdfs/Metrics/GISR/ GISR_Principles_Beta_Public_Consultation_050213_FINAL.pdf'
Introduction-to-Analytica ... better than a spreadsheet for modelling
'http://truevaluemetrics.org/DBpdfs/Metrics/Lumina/Introduction-to-Analytica.pdf'
David Roodman on ODA ... 2014
Straightening the Measuring Stick: A 14-Point Plan for Reforming the Definition of Official Development Assistance (ODA)
'http://truevaluemetrics.org/DBpdfs/ODA/CGI/David-Roodman-Straightening-the-Measuring-Stick-Redefining-ODA-2014.pdf'
Green-Cost-of-Ownership-gco-calculator-user-guide-2016
A tool developed in collaboration with TruCost
'http://truevaluemetrics.org/DBpdfs/Metrics/PracticeGreenHealth/Green-Cost-of-Ownership-gco-calculator-user-guide-2016.pdf'
Freightliner-RCO-guide
Track you recycled clothing's clothing from factory to retail
'http://truevaluemetrics.org/DBpdfs/Metrics/RCO/Freightliner-RCO-guide.pdf'
About-the-R-Cert_-Feb-2013
Track you recycled clothing's clothing from factory to retail
'http://truevaluemetrics.org/DBpdfs/Metrics/Redress/About-the-R-Cert_-Feb-2013.pdf'
STARS ... (Sustainability Tracking, Assessment and Rating System) ... AASHE
from Advancement of Sustainability in Higher Education (AASHE)
AASHE_STARS_1.2_Technical Manual from 2012
STARS ... Sustainability Tracking, Assessment and Rating System
'http://truevaluemetrics.org/DBpdfs/Metrics/AASHE/AASHE_STARS_1.2_TechnicalManual.pdf'
Social Value Creation by Melinda T. Tuan
for the Gates Foundation
MEASURING AND/OR ESTIMATING SOCIAL VALUE CREATION: Insights Into Eight Integrated Cost Approaches
'http://truevaluemetrics.org/DBpdfs/Metrics/GatesFndn/wwl-report-measuring-estimating-social-value-creation.pdf'
Metrics ... WBCSD... World Business Council for Sustainable Development
ghg-protocol-revised
A report from The World Business Council for Sustainable Development (WBCSD)and World Resources Institute (WRI)
'http://truevaluemetrics.org/DBpdfs/Metrics/WRI/ghg-protocol-revised.pdf'
WGIM-Case-Studies-2014
Working Group on Impact Measurement ... Impact Measurement Guidelines in Practice: Five Case Studies
'http://truevaluemetrics.org/DBpdfs/Metrics/WGIM/WGIM-Case-Studies-2014.pdf'
ghg-protocol-revised
A report from The World Business Council for Sustainable Development (WBCSD)and World Resources Institute (WRI)
'http://truevaluemetrics.org/DBpdfs/Metrics/WRI/ghg-protocol-revised.pdf'
Measuring the Difference Volunteers Make: A Guide to Outcome Evaluation for Volunteer Program Managers
'http://truevaluemetrics.org/DBpdfs/Value/Measuring-the-Difference-Volunteers-Make-2005.pdf'