SELECTING KEY PERFORMANCE INDICATORS (KPIS) IN ENVIRONMENTAL SUSTAINABLE STRATEGIES FOR BUSINESSES
SELECTING KEY PERFORMANCE INDICATORS (KPIS) IN ENVIRONMENTAL SUSTAINABLE STRATEGIES FOR BUSINESSES
Author(s): Georgiana-Gabriela IacobuțăSubject(s): Business Economy / Management, Energy and Environmental Studies, Accounting - Business Administration
Published by: EDITURA INDEPENDENŢA ECONOMICĂ
Keywords: environmental key performance indicators; environmental strategy; sustainable strategy; sustainability environmental key performance indicators; KPI;
Summary/Abstract: A growing number of businesses seek to become more environmentally-friendly and to employ effective and efficient strategies that include objectives such as decreasing their carbon footprint, reducing their waste and increasing their energy efficiency. In order to make their efforts measurable and to evaluate the implementation of the strategy, environmental key performance indicators (KPIs) are increasing in popularity for the companies’ strategy. However, the number of KPIs used in business strategies is rapidly increasing. Therefore, more and more companies and researchers are presented with the dilemma of selecting the most relevant, useful and important environmental KPIs. In this paper, we analyse the literature concerning environmental KPIs, discuss different criteria used in the selection of such KPIs, and make proposals regarding this criteria.
Journal: REVISTA ECONOMIA CONTEMPORANĂ
- Issue Year: 5/2020
- Issue No: 2
- Page Range: 170-177
- Page Count: 8
- Language: English