CORPORATE SUSTAINABILITY PERFORMANCE MEASUREMENT: AN APPLICATION ON HOME APPLIANCE FIRM

OpenAlex İngilizce

Firms that want to create long-term value can use corporate sustainability as a business approach while preventing risks that arise from the company's decision-making activities with unifying management standards and economic, environmental and social factors. Corporate sustainability performance measurement ensures the examination of sustainability's three dimensions, which are social, environmental and economic, on a corporate level. However, when assessing corporate sustainability performance, using too many criteria poses a problem because it is difficult to set all the criteria for a master criterion. Using multi-criteria decision-making (MCDM) modeling is an applicable approach to measure corporate sustainability. In this study, AHP (Analytic Hierarchy Process), which is one of the multi-criteria decision-making modelings, is used for weighting sustainability's three dimensions and three dimensions' sub-factors. Later, TOPSIS (Technical Order of Similarity to Ideal Solution) method was used to measure the supply chain sustainability performance of one of the white goods companies known and recognized in Turkey. The data are derived from the annual and sustainability reports of the well-known household appliances brand between 2010 and 2015. This study aimed to show that AHP and TOPSIS can be used in MCDM methods while measuring sustainability performance. The article ends with constraints of the study and future work ideas.