Towards Corporate Sustainable Development : The ITT Flygt Sustainability Index

Abstract: This thesis suggests a method for measurement of corporate contribution to sustainable development, looking at how well a company stands up to its policies and commitments regarding sustainable development.A sustainability index is developed and calculated for ITT Flygt AB over a three years period (2002-2004). The index structure is based on scientific literature and interviews with ITT Flygt and four other engineering companies.The purpose of the index is to support corporate sustainability-management.The index is calculated by aggregating some forty sustainability-indicators. These indicators are individual to each company and are designed to measure the significant sustainability aspects of the company.Besides from providing one aggregated sustainability-value of the company, the index also provides sub-indices, which support the interpretation of the index result.