Metrics For Sustainable Production In Process Industry

For the first time, the idea of sustainable development was recognised at a high political level at the UN Conference on Environment and Development held in Rio de Janeiro in 1992 (UNEP, 1992). Then the governments of the world committed themselves to promote sustainable development in their national activities and international co-operation. In 2001, the European Council approved the EU Strategy for Sustainable Development (European commission, 2011). This complements and supports the EU?s so-called Lisbon Strategy (European council, 2000) on competitiveness. The revised Strategy for Sustainable Development was approved in June 2006. Recently sustainability has had an important role in policy and decision-making while the public awareness towards limits of the environment has been rising. However, the indicators of industrial sustainability satisfy primarily the needs of corporate management and global investors. The information is often broad and non-specific and might occasionally even give a false impression. Moreover, contradictions between environmental, economical and social aspects also point out the unreliability of existing sustainability indexes. Therefore, the current state of affairs serves the interests of neither the industry nor the policy makers. Current corporate sustainability indexes and indicator systems need to be assessed with scientific methods encompassing the identification of their strengths and weaknesses. This requires quantitative and qualitative assessment and synthesis of existing indexes and indicator systems, providing new data on the functionality of existing corporate sustainability indicators. Therefore, the assessment lays the foundation for the development of new, more balanced sustainability index. Our first aim in this multidisciplinary article is to analyse existing global sustainability indexes for process industry. Second, we will introduce a first version of a new sustainability index for process industry, which includes the environmental, social and economic impacts of the plant, as well as legislation aspects.