JR Candia Archives

Sustainability Metrics – upcoming challenges for FIs

Over the past year, TransFIRe have been working alongside North Lincolnshire Council, in order to create a ten-month action plan to tackle the subject of sustainability performance. The action plan promotes guided peer-to-peer learning by sharing knowledge and experiences across different types of foundation industries and their supply chains. The plan has consisted of three-phases: a) June 2023: An introductory webinar open to all industries from North Lincolnshire (Stage A) b) July 2023: A workshop with a small group of companies (Stage B) c) Oct 23 - Jan 24: Group work with four companies (Stage C) Currently, our TransFIRe researchers are working on stage C of the plan, “Peer to Peer Network of Practice”, which brings together a small number of companies to answer questions such as: why are you making and reporting sustainability measurements and how accurate is your data? It is expected that participating companies will learn [...]

Key performance indicators in sustainability reporting: what do we need to measure?

Sustainability reporting is a vital tool to provide information on an organisations’ social, economic, and environmental performance and is an essential way for organisations to demonstrate accountability to their various stakeholders. But how do companies know which metrics or key performance indicators (KPIs) they should use? The TransFIRe project through its different Work Streams (WS) is addressing the need of identifying the most suitable metrics for the foundation industries (FI), by looking at different levels for measuring and reporting performance, ranging from the process level to factory level and eventually to the “beyond the fence” level (a system view, looking from the perspective of external stakeholders, including the surrounding community, and the environment). Figure 1 - Schematic representation of the different levels for measuring performance of FIs. Process level metrics At a process level, TransFIRe researchers have created a framework to help the manufacturing industries identify the right [...]