Question

Select an area of sustainability performance reporting that would incorporate financial metrics.

Explain the metrics used and their importance in reporting sustainable business development progress to stakeholders.

Provide an example to illustrate your point(s).

Answer 1

Health is an area where sustainability performance reporting could include financial metrices. Financial metrices consider cost and benefit of each action in terms of impact on health and similar to net reserves of a Corporation, net reserve of Health could be computed.

Computing impact of each actions on the Health is very important as Health is Wealth of any nation and is important for boosting Human Capital.

Example: Use of vehicles leads to increase in emission of harmful gases which leads to increase in the health complications, deaths etc. and benefit of using vehicles is transport of people and goods. Hence, sustainability measure could be performed to find right set of vehicles and fuel which will be good for the Health of the nation with least possible health complications and hazards.