IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v12y2011i1p61-72.html
   My bibliography  Save this article

Measuring and Reporting on Sustainability Performance in the Cement Industry

Author

Listed:
  • Dan CANDEA

    (The Technical University of Cluj-Napoca, Romania)

  • Adrian VAIDA

    (Cement Australia Pty. Ltd., Brisbane, Australia)

Abstract

Corporate Social Responsibility (CSR) performance assessment and reporting has drawn a considerable amount of attention. In this context, the Global Reporting Initiative (GRI) has been among the first organizations to develop a framework for sustainability performance reporting, which is synonymous with reporting on CSR actions and results. Now at its 3rd edition, GRI offers a very detailed set of indicators that describe CSR performance as envisioned by the framework. Yet, GRI itself warns that its set of performance indicators is not universally applicable to companies in all industries and, in addition, certain areas of industrial activities may need additional indicators for a reliable and realistic assessment of CSR performance. The Cement Sustainability Initiative (CSI), a global project of a group of cement producers with worldwide presence, that are also members of the World Business Council for Sustainable Development (WBCSD), has been early to recognize the limits of GRI and develop an industry specific approach. The paper analyzes the pathway the cement industry has pursued in order to improve its performance in mitigating social and environmental impacts, and report on the results. Based on direct experience with and firsthand knowledge of the cement industry, the set of alternative performance indicators developed by CSI is presented and a parallel is drawn between that set and the general-purpose indicators developed by GRI. The approach taken by CSI to assure compliance of the quantitative data with accepted reporting principles such as accuracy, reliability, and comparability is also detailed and commented on.

Suggested Citation

  • Dan CANDEA & Adrian VAIDA, 2011. "Measuring and Reporting on Sustainability Performance in the Cement Industry," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 61-72, March.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:1:p:61-72
    as

    Download full text from publisher

    File URL: https://www.rmci.ase.ro/no12vol1/05.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    cement; measuring; reporting; sustainability.;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:12:y:2011:i:1:p:61-72. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.