New sustainability index focuses on correlation between company behaviours and impacts – including profitability
The level of influence held by Chief Sustainability Officers is a clear marker of performance.
The Business Impact Maturity Framework focuses on the behaviours that make a company’s sustainability strategy profitable – providing much-needed clarity at a time when top sustainability performers are facing financial headwinds.
The framework, led by researchers at The Leonardo Centre on Business for Society at Imperial College Business School, in collaboration with Emeritus, ranks companies’ sustainability maturity based on 10 criteria including stakeholder involvement, governance, culture and the influence of their Chief Sustainability Officers. It suggests that companies whose sustainability strategies revolve more around innovation than advocacy and compliance present the best results.
