Key Performance Indicators (KPIs) as Agents for Balancing Industry Needs and Biodiversity Conservation in Manufacturing

Abstract

The manufacturing industry has a significant negative impact on animals and their habitats. This paper explores the potential of sustainable manufacturing practices to mitigate these impacts. We conducted a comprehensive study of key performance indicators (KPIs) and their influencing factors for sustainability in manufacturing for small and medium-sized enterprises (SMEs) in India. Our findings suggest that KPIs such as social innovation, health and safety, green innovation, waste management, energy conservation, customer lifetime values, and net profit margin are all important factors in sustainability. We also found that these KPIs have high reliability, with Cronbach’s alpha of 0.8 and McDonald’s index of 0.75. Our research provides a framework for assessing sustainability in manufacturing and identifies opportunities for SMEs to reduce their negative impact on animals and their habitats