Accountability

The issue of Sustainable Development has requested supranational institutions and individual countries to make a global commitment to the tough strategic challenges posed by the Sustainable Development Goals (SDGs) set in the UN’s 2030 Agenda.

The growing attention to these issues has led to the need to develop wellbeing accountability systems that integrate the traditional macroeconomic indicators – typically GDP – to evaluate economic policies using a multidimensional approach.

Various technical-professional frameworks, including Integrated Reporting and the Global Reporting Initiative, and scientific ones such as Corporate Sustainability Reporting, have tried to provide and answer to the new information needs, showing certain methodological limitations regarding measurement and multidimensional reporting in the creation of Public Value.

From the framework described, the need emerges for new managerial models able to provide information of a financial and non-financial nature, and to quantify the contribution of the Public Value created in achieving the SDGs. This information would be stated in new forms of multidimensional reporting that document the contribution of the individual organisation to creating Public Value, allowing the sensitisation of the community and increasing collaboration between those involved in the process of waste management.

CERVAP proposes an innovative Public Value Report that is the first document for integrated reporting of the impacts – economic, social and environmental – created by the activities of an organisation in relation to its stakeholders, both internal and external. It proposes reporting based on 6 values, or rather on six thematic areas which when acted upon create the value of the values: Public Value.