Abstract

Economic, Social and Socio-Economic performances are the three pillars of sustainability. Numerous dimensions address each of their performances. Each dimension contributes towards sustainable performance measure. This necessitates an index to account the various dimensions of the sustainability. Since multiple dimensions are associated with sustainable performance, the index warrants composition of many dimensions. The objective of the paper is to develop a Composite Performance Index (CPI) to measure and evaluate the industries in terms of sustainable performances. The development of CPI can be addressed as one of Multi-Attribute Decision Making (MADM) problems. This paper presents a MADM model developed for 'CPI for sustainability' and illustrates its application with case study examples. The CPI developed for sustainability can be useful for assessing the performance of industries as well identifying environmental practices to be followed for their sustainability.

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