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Sustainable development indicators for the transmission system of an electric utility

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  • Cory Searcy
  • Daryl McCartney
  • Stanislav Karapetrovic

Abstract

This paper presents a system of sustainable development indicators for the transmission system of a Canadian electric utility. The indicators were developed based on extensive consultations with internal experts at the case utility and external experts in the field of sustainable development indicators. A total of 98 indicators were incorporated into the system, with 70 being developed as a part of this process and 28 representing indicators previously developed by the company. Recognizing the difficulty of working with nearly 100 unstructured measures, four techniques were used to increase the utility of the indicators: (1) the indicators were clustered around eight key priority areas, (2) the indicators were organized according to a hierarchical approach linked to the business planning process, (3) the process of integrating the indicators with existing corporate initiatives was staggered over time and (4) a tiered aggregate was developed. The process of developing the indicators is discussed, with key lessons learned emphasized throughout the paper. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Cory Searcy & Daryl McCartney & Stanislav Karapetrovic, 2007. "Sustainable development indicators for the transmission system of an electric utility," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 14(3), pages 135-151, July.
    • Handle: RePEc:wly:corsem:v:14:y:2007:i:3:p:135-151
    DOI: 10.1002/csr.124
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    1. Jouni Korhonen, 2003. "Should we measure corporate social responsibility?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 10(1), pages 25-39, March.
    2. Krajnc, Damjan & Glavic, Peter, 2005. "How to compare companies on relevant dimensions of sustainability," Ecological Economics, Elsevier, vol. 55(4), pages 551-563, December.
    3. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
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    Cited by:

    1. Hassini, Elkafi & Surti, Chirag & Searcy, Cory, 2012. "A literature review and a case study of sustainable supply chains with a focus on metrics," International Journal of Production Economics, Elsevier, vol. 140(1), pages 69-82.
    2. Jorge L. GARCIA-ALCARAZ & Aide A. MALDONADO-MACIAS & Juan L. HERNANDEZ-ARELLANO & Julio BLANCO-FERNANDEZ & Emilio JIMENEZ-MACIAS & Juan C. SAENZ-DIEZ MURO, 2017. "The impact of human resources on the agility, flexibility and performance of wine supply chains," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 63(4), pages 175-184.
    3. Ali, Mohd Helmi & Suleiman, Norhidayah, 2016. "Sustainable food production: Insights of Malaysian halal small and medium sized enterprises," International Journal of Production Economics, Elsevier, vol. 181(PB), pages 303-314.
    4. Andrea Urbinati & Davide Chiaroni & Paolo Maccarrone & Antonio Messeni Petruzzelli & Federico Frattini, 2022. "A multidimensional scorecard of KPIs for retrofit measures of buildings: A systematic literature review," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(6), pages 1968-1979, November.
    5. Ismail Erol & Nigar Cakar & Derya Erel & Ramazan Sari, 2009. "Sustainability in the Turkish retailing industry," Sustainable Development, John Wiley & Sons, Ltd., vol. 17(1), pages 49-67.
    6. Cory Searcy & Ruvena Buslovich, 2014. "Corporate Perspectives on the Development and Use of Sustainability Reports," Journal of Business Ethics, Springer, vol. 121(2), pages 149-169, May.
    7. Mia Kaspersen & Thomas Riise Johansen, 2016. "Changing Social and Environmental Reporting Systems," Journal of Business Ethics, Springer, vol. 135(4), pages 731-749, June.
    8. Cory Searcy, 2012. "Corporate Sustainability Performance Measurement Systems: A Review and Research Agenda," Journal of Business Ethics, Springer, vol. 107(3), pages 239-253, May.
    9. Cory Searcy, 2016. "Measuring Enterprise Sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 25(2), pages 120-133, February.

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