How Can Business Leaders Measure Sustainability Performance?
Measuring sustainability performance involves tracking key performance indicators (KPIs) related to environmental, social, and economic aspects. These may include metrics such as carbon footprint, water usage, waste generation, community impact, and employee well-being. Leaders should use standardized reporting frameworks like the GRI, the Sustainability Accounting Standards Board (SASB), or the Task Force on Climate-related Financial Disclosures (TCFD) to ensure transparency and comparability. Regularly reviewing these metrics helps in assessing progress and identifying areas for improvement.