The pm2 Sustainability Scorecard





Every employee, team, department and business should know what they have done this week/month/ quarter/year towards strategic and sustainability success.




The Sustainability Scorecard is the first truly triple-bottom line monthly scorecard. It combines best-practices in measuring an organization’s strategic performance with best-practices in measuring sustainability.

The scorecard can incorporate any framework (UN-SDG, GRI, , FFBB, etc.), work in any industry, and takes sustainability up to the Board and down to the individual – and everything in between.

+THE NEED FOR A SUSTAINABILITY SCORECARD
The need for sustainability is obvious – but we noticed a number of key things missing from all the existing frameworks and best-practices. In no particular order:

  • ● Sustainability was seen as a once-a-year thing …only to be worried about during the annual audit!
  • ● All the common frameworks (UN-SDG, , GRI, B-Corp, SASB, etc.) all seem to only look at two of the triple bottom-lines – society and environment…they seem to ignore the very thing that makes businesses run…economic success!
  • ● They do not translate sustainability into operational terms. (80% of strategies fail – not because they are not great, but because they are not executed)
  • Employees have no ownership – or even visibility – around their contribution to sustainability. (Millennials, in particular, want to see their organizations pursuing sustainability – and their personal contribution to it
  • ● Sustainability is seen as this occasional corporate effort – not everyone’s everyday job
  • No linkage between sustainability and risk – and the organization’s existing risk practices
  • ● There is no consideration around organization design on executing sustainability

Learn how having these qualities create “The Sustainability Focused Organization “ by viewing this video: https://youtu.be/8Va0tmMuMpE

+WHAT IS THE IDEA BEHIND THE SUSTAINABILITY SCORECARD?
The Sustainability Scorecard is the first truly triple-bottom line monthly scorecard. It combines best-practices in measuring an organization’s strategic performance with best-practices in measuring sustainability.

The scorecard can incorporate any framework (UN-SDG, GRI, , FFBB, etc.), work in any industry, and takes sustainability up to the Board and down to the individual – and everything in between.

The Sustainability Scorecard is built from things that you already have in your organization – your strategy, your plentiful data and your team’s expertise…and whatever your preferred Sustainability framework…and a week’s worth of time.

The sustainability strategy map shows your hypothesis on achieving triple-bottom-line successes. To create this we use your existing strategy along with your preferred sustainability framework(s) and strategy best-practices. (Articles on the Sustainability Strategy Map: Part 1, Part 2). This typically take a leadership team about 3 hours.

To ensure that your draft sustainability strategy map covers the full scope of sustainability best-practices, we check your map against the established framework(s). In addition, we use the Future-Fit Business Benchmark and its science-based 21 Business Goals. This usually takes just an hour or two.

All organizations have far more data then is currently seen by management – the trick is to find the best available indicator for each Strategic Goal. (There will always be the opportunity to improve the quality of your selected indicator, if the need arises). In addition we try to incorporate the Future-Fit Business Benchmark recommended measures. Depending on the availability of data, this step can take between a couple of days and a week.

The best car dashboards in the world do not make us into better drivers… nor do great business scorecards automatically make your leadership team into great leaders! The final step is to show and coach your team into using your new scorecards to run better and more productive performance meetings. This step is just half a day – unless you’d like on-going support and coaching.



Although the Sustainability Scorecard can enable any of the common frameworks, we always crosscheck against the Future-Fit Business Benchmark.
Learn more here.

+THE BENEFITS OF A SUSTAINABILITY SCORECARD
The Sustainability Scorecard make sustainability everybody’s everyday job. By providing monthly reporting against your strategies in business, the environment, and within society, all stakeholders are given on-going performance updates in the context of their choice.

  • ● Employee Engagement
  • ● Customer Satisfaction
  • ● Brand and Reputation
  • ● Cost Savings
  • ● Government Relations
  • ● Supply and Resource Security
  • ● Innovation
  • ● Risk Management
  • ● Capital Access
  • ● Strategic Success
  • ● Competitive Advantage
  • ● Social License
  • ● Works with all the existing frameworks
  • ● Anti-Greenwash
  • ● Provides International Consistency
  • ● True comparability between organizations
  • ● Supports ROI calculations

Read more about the benefits from the sustainability scorecard in this LinkedIn posting.

+EVIDENCE - CASE STUDIES

The sustainability scorecard is still “young”. Although there are thousands of case studies relating to the Balanced Scorecard and the use of the various Sustainability frameworks (the proud parents of the sustainability scorecard), here are the specific Sustainability Scorecard cases we can share:


This 12 minute video is a walk through of what a Sustainability Scorecard might look like for Nike, based on the information posted on their website: https://youtu.be/r-vZvc-yglk

This 30 minute video is a detailed walk through of the Sustainability Scorecard implementation week at chemical company in Zagreb, Croatia: https://youtu.be/l82A__XBkc0

This 27 minute video is a walk through of what a Sustainability Scorecard might look like for a small manufacturing organization, based on the case study we use for our CPA (Certified Professional Accountants) conferences and training sessions: https://youtu.be/HsYw6a0X5OI

This 10 minute video is a detailed walk through of the Sustainability Scorecard based on the Future-Fit Business Benchmark: https://youtu.be/HgkAHGted2U
+PRICE & CONTACTS
We would be honored to have the opportunity to talk to you about your sustainability-measurement activities.

Our standard Sustainability scorecard typically takes between one and a few weeks to build, implement and launch. We offer fixed-fee packages range between $25,000 to $55,000/scorecard, depending on the complexity of your organization.

Please either email Brett at Brett@pm2Consulting.com or call him at 416-766-7684

+BEYOND THE SUSTAINABILITY SCORECARD
Organizations that experience the benefits of the Sustainability Scorecard frequently grow their Sustainability Management System by adding in a drill-down capability, linking to teams and individuals, better managing their project portfolio and strategic risk management.



Click on the diagram for more information.
Beyond the Sustainability Scorecard

Beyond the Sustainability Scorecard

Click on a part of the diagram for more information.

Drill Down KPIsEmployeePortfolioRiskSustainability Scorecard

Drill Down KPIs

Through our unique “Ontology” approach, your team is able to quantify the linkage between strategic success and each core process and project (initiative).

This allows you to:

  • ● Determine the key performance nodes – and where to measure
  • ● Determine the gap between current sustainability performance and what is required to achieve sustainability success
  • ● Determine the gap-closing potential for each of your proposed projects
  • ● Estimate a “Strategic Return on Investment” (SRoI) – helping compare unlike projects, and those that offer longer-term or non-financial benefits

Employee

Sustainability occurs at the employee level. To attain sustainability it must become everyone’s everyday job.

The Sustainability Scorecard allows people to make sustainability happen. Strategy gets cascaded down to teams and individuals so that:

  • ● Every employee can understand their purpose in achieving sustainability
  • ● They can see their progress on an on-going basis
  • ● Employees become autonomous in sustainability decisions based on their knowledge of purpose and ability to see progress
  • ● They can show and talk to their friends and family about their personal, team, department and company contribution to sustainability. Socialization.
  • ● They can self manage their careers… The need for annual performance reviews is reduced by more frequent, less formal, performance conversations.

Once an area has completed their “Drill down KPI’s” workshop, creating team and individual scorecards takes about two days per team and delivers a scorecard, with associated role-clarity, for each individual or job-family, as desired.

Portfolio

Optimizing your project (initiative) portfolio given constrained resources, such as cash or IT resources, and project benefits that may be very long-term, non-financial, or regulatory related, is difficult.

The portfolio management module is a plug-in after you have completed the related “Drill Down KPI’s” workshops and allows your Project Management Office to select projects for maximum regulatory and strategic benefit against up to three constrained resources.

Risk

The Strategic Risk Scorecard partners the Sustainability Strategy Map and priorities with your risk register to give you a single, integrated view of risk and rewards.

The Strategic Risk Scorecard is able to prioritize your risks based on their strategic impact (not peoples opinions) and, combined with the Sustainability Scorecard, can provide with accurate monitoring of actual risks on an on-going basis.

The strategic risk scorecard:

  • ● Allows leadership to talk about risk and reward at the same time, in the same meeting, with the same people!
  • ● Changes risk management to a continuous process (from an annual audit)
  • ● Provides visibility of risk by all employees, stakeholders and regulators, to the extent of your choice
  • ● Makes risk visible and actionable
  • ● Is created top-down and bottom-up, revealing disconnects and misalignment

The Strategic Risk Scorecard takes between a week and a month to create, depending on your current risk and strategic management processes.

Sustainability Scorecard

The sustainability strategy map shows your hypothesis on achieving triple-bottom-line successes. To create this we use your existing strategy along with your preferred sustainability framework(s) and strategy best-practices. (Articles on the Sustainability Strategy Map: Part 1, Part 2). This typically take a leadership team about 3 hours.

To ensure that your draft sustainability strategy map covers the full scope of sustainability best-practices, we check your map against the established framework(s). In addition, we use the Future-Fit Business Benchmark and its science-based 21 Business Goals. This usually takes just an hour or two.

All organizations have far more data then is currently seen by management – the trick is to find the best available indicator for each Strategic Goal. (There will always be the opportunity to improve the quality of your selected indicator, if the need arises). In addition we try to incorporate the Future-Fit Business Benchmark recommended measures. Depending on the availability of data, this step can take between a couple of days and a week.

The best car dashboards in the world do not make us into better drivers… nor do great business scorecards automatically make your leadership team into great leaders! The final step is to show and coach your team into using your new scorecards to run better and more productive performance meetings. This step is just half a day – unless you’d like on-going support and coaching.


Downloadable Brochure