ROSI and Tools for Monetizing Sustainability (ESG) Measures
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Technická Univerzita v Liberci
Technical university of Liberec, Czech Republic
Technical university of Liberec, Czech Republic
Abstract
Environmental, social and governance impacts of expenditures are part of every management decision. Investments in sustainability and CSR comply with ESG factors. Following the approval of the CSRD Directive by the EC, ESG issues are set to grow. We want to explain to companies that the ROSI issue is significant concerning the above and that there are methods to help them monetize sustainability in the future. Mention is made of the 5-step methodology by The NY University Stern Center for Sustainable Business and the Impact-Weighted Accounts method by the Harvard Business School. Both are set in a study from the automotive industry. Sustainability is not only about the environmental, societal and economic aspects; companies must keep track of financial performance. Therefore, it is essential to implement tools for monetizing sustainability measures - the future of sustainable business is about to turn from being a necessary evil to being remunerative good.
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ROSI, IWA, ESG, sustainability, SDGs, performance, economic value
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978-80-7494-627-1