Total Environmental Assessment Framework in an Organization
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Purpose of the article is to present the way of application of methodology of environmental metrics within the total environmental assessment framework. An inevitable part of sustainable development initiatives is sustainable measurement metrics. This kind of metrics is being represented by three sets of indicators: Environmental, Social and Economic. Sustainability measurement metrics tends to measure environmental safety (e.g.: Ecological footprint), social responsibility (e.g.: Global Reporting Initiative) and economic efficiency (e.g.: Net Present Value test). Studying behaviour of companies in sustainability measurement metrics application, using another scientific method is well welcomed. Methods used in article are synthesis, analysis, deduction and comparative analysis. We are synthesizing those methods in a presented model which examines quality of environmental improvements across departments of selected organization. In other words, the model is able to quantify an extent how individual managerial decision contributed towards overall improvement in environmental performance of whole organization. Model works with and additive elements. In order to derive results using multiplicative elements, we are using logarithmic method in a model. Scientific aim of the article is to synthesize scientific methods aimed at environmental performance measurement into unified and universal model usable by managements of small and medium-sized enterprises. The background of this mission is to ensure that environmental performance will be correctly reported, data delivered by various companies (organisations) will be benchmarkable and consequently, Corporate Social Responsibility concepts worked out by individual organizations will be trustable. In the article, we are discovering that use of proposed universal model has marketable outcomes. Thanks to an existence of thriving markets valuating triple bottom line of sustainability, results delivered by the model helped to a company PintInox, S. p. A. to succeed at such kind of market. Conclusions the article delivers are pointing out an importance of interdisciplinary cooperation within field of sustainable development.
- Department of Company Economy and Management, Faculty of Economics and Business, Pan European University, Tematinska 10, 851 05 Bratislava, Slovakia, firstname.lastname@example.org
- Department of Company Economy and Management, Faculty of Economics and Business, Pan European University, Tematinska 10, 851 05 Bratislava, Slovakia, email@example.com
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