For
example, the IMA® Statement on Management Accounting titled “The Evolution of Accountability—
Sustainability Reporting for Accountants” raises this
issue: “One of the greatest challenges the management
accountant will face is creating metrics that provide
insight into an organization’s performance in the nonfinancial
areas of the triple bottom line.” Yet companies
need new decision-making tools to analyze their sustainability
performance and resulting impacts. Bacardi Limited
leadership asked Stephen Harvey, its global director of
environment, health and safety, to develop a single efficiency
measure for each sustainability KPI.