The Role of Sustainability Key Performance Indicators (KPIs) in Implementing Sustainable Strategies
Department of Management and Law, University of Rome Tor Vergata, 00133 Rome, Italy
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Sustainability 2019, 11(20), 5742; https://doi.org/10.3390/su11205742
Received: 7 September 2019 / Revised: 11 October 2019 / Accepted: 16 October 2019 / Published: 17 October 2019
(This article belongs to the Special Issue Sustainable Performance Management)
The role of sustainability dimensions in the value creation process has attracted considerable interest in the scientific academic world in the last two decades. The 2030 Agenda, which fixed the sustainable goals (SDGs) to safeguard our planet, highlighted the fundamental role of sustainability issues. In this context, companies around the world need to integrate their strategies with environmental, social, and economic dimensions. However, sustainability aspects are often not linked to company strategies, and there has been growing difficulty in measuring sustainable development by adopting an appropriate set of key performance indicators (KPIs). Accordingly, the aim of this study is as follows: (1) to identify the suitable KPIs that affect company performance, based on the literature and management practices, and (2) to propose a new perspective on a way to integrate sustainability issues in company strategies. Based on a systematic procedure, we obtained 82 papers that focus on KPIs related to sustainability issues. Following a review of papers and a survey conducted with Italian managers, we developed a sustainability perspective by selecting the most appropriate KPI system for each of the dimensions discussed. The proposed model suggests that incorporating sustainability dimensions within corporate strategy would allow strategic alignment in order to gain competitive advantage and therefore create sustainability value.
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MDPI and ACS Style
Hristov, I.; Chirico, A. The Role of Sustainability Key Performance Indicators (KPIs) in Implementing Sustainable Strategies. Sustainability 2019, 11, 5742. https://doi.org/10.3390/su11205742
AMA Style
Hristov I, Chirico A. The Role of Sustainability Key Performance Indicators (KPIs) in Implementing Sustainable Strategies. Sustainability. 2019; 11(20):5742. https://doi.org/10.3390/su11205742
Chicago/Turabian StyleHristov, Ivo, and Antonio Chirico. 2019. "The Role of Sustainability Key Performance Indicators (KPIs) in Implementing Sustainable Strategies" Sustainability 11, no. 20: 5742. https://doi.org/10.3390/su11205742
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