The Importance of Setting Sustainability KPIs

The Importance of Setting Sustainability KPIs

Assessment

Interactive Video

Business

University

Hard

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The video discusses the importance of creating key performance indicators (KPIs) around sustainability to help decision-makers understand and communicate performance. It highlights a story about a CEO who underestimated the significance of sustainability metrics tracked by Bloomberg. The video explains how companies like Bloomberg and Reuters gather data from various sources to project social and environmental performance. It emphasizes the need for businesses to adopt triple bottom line accounting and provides examples of sustainability KPIs. The video also covers different standards and questions posed by organizations like CDP, GRI, and the UN Global Compact.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the significance of triple bottom line accounting in financial reporting.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key areas that organizations should focus on when developing sustainability KPIs?

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