72. Possibly because of the relative novelty of environmental performance measurement, it appears that there is no one single accepted way of defining or measuring environmental performance.

Performance measurement of the procurement function

Make a time measurement to check performance

H. Measurement of environmental liabilities 35 42

(g) To provide advice to departments in developing performance measurement standards and analytical performance reports.

Audit of the Investment Management Service investment performance measurement system

(a) Public and non profit performance measurement, including balanced scorecard methods

(g) A sharper and clearer definition of the terms objective , output , results , performance indicator and performance measurement

II. LINKING ENVIRONMENTAL AND FINANCIAL PERFORMANCE

quot ISO 14031.5 Environmental Management Environmental Performance Evaluation quot . Working draft.

Performance indicators were generic in nature and, therefore, did not lend themselves to proper measurement.

a corporate stand alone environmental performance report

(b) Identification of key environmental performance indicators and their relation to financial performance.

segmented environmental performance data (if not provided in the environmental review (see below)

C. Best practice in measuring and communicating environmental performance

Environmental performance data re emissions, resource use, efficiency measures

Table 3. Financially relevant ( eco financial ) environmental performance indicators

See Harry P. Hatry and Joseph S. Wholey, Performance Measurement Getting Results (Washington, D.C., Urban Institute Press, 1999).

It is easier to run down something that is partly invisible because it is not regularly or effectively measured. Expanded measurement of the dimensions of economic, social, and environmental performance is necessary to broaden awareness of sustainability issues.

14. Notes the performance measurement matrix proposed by the Secretary General in response to the request to develop a comprehensive methodology for performance measurement and management from a full system perspective, and looks forward to receiving the indicators for all duty stations beginning in 2008

It is easier to run down something that is partly invisible because it is not regularly or effectively measured. Expanded measurement of the dimensions of economic, social, and environmental performance is necessary to broaden awareness of sustainability issues. nbsp

Regular client surveys will be used as an important measurement of the performance of conference services in the headquarters locations.

Monitoring is necessary to collect information, formulate and revise policy, and establish priorities for change and benchmarks for performance measurement.

C. Best practice in measuring and communicating environmental performance 69 71

Category 3 non financial but quantified verifiable data regarding environmental performance

75. The above table reveals the diversity in environmental performance indicators.

(ii) Environmental accounting examination of national standards and regulations for environmental financial accounting, and identification of key environmental performance indicators and their relation to financial performance (Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting)

73. The generic categories of environmental performance indicators identified by James and Bennett (1994) provide perhaps a useful synthesis of the current approach to monitoring, measuring and reporting environmental performance.

The ISO 14001 standard, however, does not state specific environmental performance criteria.

developing single (or multiple) index models to give an aggregate environmental performance

Format for reporting achievements to enable comparison between planned and actual outputs and outcomes, using performance indicators as a basis for measurement.

See Patricia W. Ingraham and Donald P. Moynihan, Beyond measurement measuring for results in State Government , in Task Force on Performance Management and Measurement, R. Nathan and D. Forsythe, eds. (New York, New York, Rockefeller Institute, 2001).

This work is raising many new questions for measurement, including the possible approaches to developing measures of aggregate productivity performance, as well as issues related to productivity measurement in specific sectors of the economy, such as services.

to make recommendations concerning the way(s) in which environmental performance is communicated in external corporate reporting and to suggest ways in which the use of environmental performance indicators can be improved

The new challenge currently facing the world was to go beyond short term environmental performance and to strive for environmental sustainability.

D. Methods used by leading edge enterprises in measuring and communicating environmental performance

Environmental and Financial Performance Are They Related? Washington Investor Responsibility Research Centre (IRRC).

It further recommended development of performance indicators to allow the measurement of progress in the implementation of the system wide medium term plan.

Work had thus been concentrated on environmental effects specific to production and processing of agricultural commodities, and on the development of a methodology for the measurement of trade effects associated with environmental problems.

78. Once measured, environmental performance is being communicated via a number of different media and some companies use two, three or four different avenues to convey their environmental performance record to interested stakeholder groups.

The ISO 14000 series also comprises standards for environmental labelling, environmental performance evaluation, life cycle assessment, and the related terms and definitions.

The establishment and maintenance of an effective EMS enables an organization to anticipate and meet growing environmental performance expectations, to ensure ongoing compliance with national and or international environmental requirements and to support the continual improvement of its environmental performance. UNIDO, op. cit., page 12.

II. LINKING ENVIRONMENTAL AND FINANCIAL PERFORMANCE A SURVEY OF BEST PRACTICE TECHNIQUES 62 83

Productivity measurement

Length measurement