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Sustainable Value Creation by Chemical Companies

Sustainable Value Creation by Chemical Companies
by sustainable value

http://www.sustainablevalue.com/down...

community impact, mission & values, waste management

This study reports the findings of a research project that analysed the sustainability performance of nine chemical companies using the Sustainable Value approach. The Sustainable Value approach is the first method that assesses corporate sustainability performance based on the value created with the resources used. By extending a traditional valuation method applied in financial analysis, it assesses not just the use of economic capital, but also environmental and social resources.

Criteria:

  • How efficiently does the benchmark use the resources?: In this step the benchmark is established, and then the efficiency of its resource use is assessed.
  • How efficiently does a company use its resources?: In this step, the efficiency of the use of various resources in the company is evaluated.
  • Does the company use its resources more effiently than the benchmark?: In this step the resource efficiency of the company is compared with that of the benchmark.
  • Which resources are used by the company in a value-creating way (and which are used in a value-destroying way)?: In this step the value contribution of the various resources is determined.
  • How much Sustainable Value does a company create?: In the final step, the task is to assess whether the company has by and large used the given set of economic, environmental and social resources to create value.

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