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The Sustainable Balanced Scorecard

Foundations Evolution SBS Model

A New Model for a Market-Based Sustainable Balanced Scorecard

We conducted original research to create a new model for sustainable management.

  1. The sustainable management criteria used by market indexes of "responsible" companies, such as the Dow Jones Sustainability Index, were collected and organized into a database where they were organized by semantic content - common ideas were grouped together. 

  2. The criteria were sorted by frequency to identify what is of most concern to most responsible investors - what are the most important sustainability criteria in the eyes of the financial markets?

  3. The most important criteria were organized into Balanced Scorecard and Baldrige frameworks.

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The results are published in this paper, Integrating Market-Based Sustainability Indicators and Performance Management Systems.

Our next step will be evaluating the new Sustainability Reporting Guidelines of the Global Reporting Initiative to match them against this framework.  Stay tuned for more! (March 2005)

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