ABSTRACT
This chapter discusses the case for sustainability measurement and reporting, and provides a conceptual framework for sustainability measurement. It also discusses economic, environmental and social performance measurement and reporting. The chapter considers integrated measurement and reporting of sustainability. The Global Reporting Initiative (GRI), the World Business Council for Sustainable Development, and the Canadian National Round Table on Environment and the Economy have independently undertaken to develop and bring about broad agreement on a core set of environmental performance indicators. In the US and Europe, there are numerous initiatives by business and others to develop measures of corporate environmental performance. Both standardisation and integrated sustainability measurement may be given a boost by the launch of the GRI exposure draft guidelines. If a global measurement and reporting tool emerges that has widespread buy-in, different stakeholders will increasingly be able to factor corporate sustainability performance into a broad array of decisions, such as purchasing, recruitment, permitting and investment.
