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Sustainability Assesment Methods: An Exploratory Study

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  • Stefanija BIROVA

Abstract

Nowadays, the concept of sustainablity became a new horizont and a very promicing perspective of generating a better future for the present and for the next generations. This article focus on making a comparative analysis between different methodologies that eight sustainability organizations use on a global level in order to generate a rating. Within the first part, the paper focus on defining the term of sustainability and explainig its necessity. In the second part it presents the comparative analsysis between the methodologies used by the selected sustainablity rating organizations. In the end, the main conslusion of the study is that the methodologies used by sustainability rating agencies are complex and different and all of them have as a basis the same aspects which are fully integrated within the Global Reporting Initative established in United States in 1997 with support of the United Nations Environmental Program.

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  • Stefanija BIROVA, 2017. "Sustainability Assesment Methods: An Exploratory Study," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 11(1), pages 1030-1037, November.
    • Handle: RePEc:rom:mancon:v:11:y:2017:i:1:p:1030-1037
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    References listed on IDEAS

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    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808, Decembrie.
    2. Munasinghe, M., 1993. "Environmental Economics and Sustainable Development," Papers 3, World Bank - The World Bank Environment Paper.
    3. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
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