University of Twente Student Theses
Environmental sustainability index : enabling comparison of companies on relevant indicators of sustainability
Oostveen, A.J.A. (2023) Environmental sustainability index : enabling comparison of companies on relevant indicators of sustainability.
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| Abstract: | This paper provides a helpful solution towards solving the most important issues regarding quantifying environmental sustainability of companies. The provided solution is presented on a use-case on companies from the industrial sector from the Netherlands, but is applicable to companies within various other sectors. The build up of the proposed solution is provided in a transparent manner, so that further, deepend research can be used to upgrade the quantification method. A lack of comparability, as well as a lack of transparency, due to different, not standardized rating methods, a lack of trustworthiness, and high subjectivity are described as the most important issues of quantifying environmental sustainability of companies. These issues have to be tackled, to create a better understanding of the current state of environmental impact, as well as the progress towards minimizing this impact. Environmental sustainability is becoming increasingly relevant, not only because of the current problem of climate change, but also because of the high demand by different stakeholders to tackle this problem. To tackle the current issues of quantifying environmental sustainability, this solution is based on carefully selected indicators from scientific literature, existing frameworks, and environmental laws. Following up, the values of these indicators were normalized onto a unified scale and then aggregated together, to create a single index, representing the current state of environmental sustainability. This method offers a standardized procedure to assess environmental sustainability of companies, as well as offers progress in the scientific field of quantifying environmental sustainability within a single value. |
| Item Type: | Essay (Master) |
| Faculty: | EEMCS: Electrical Engineering, Mathematics and Computer Science |
| Programme: | Business Information Technology MSc (60025) |
| Link to this item: | https://purl.utwente.nl/essays/94517 |
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