Sustainability Analysis of Manufacturing Industry

Abstract

This study provides an analysis to identify the comparative sustainability of the subsectors of the manufacturing industry in Latvia. Authors assess the availability of national statistics data for the development of absolute and specific indicators, which are further used for sustainability evaluation by multi-criteria analysis, specifically the TOPSIS method. Overall eight separate indicators were used for the description of three sustainability pillars. The results provide the distribution of manufacturing sub-sectors according to their comparative sustainability, and thus the rubber and non-mineral metal manufacturing sectors and wood and wood products manufacturing are evaluated as having the lowest comparative sustainability and most appropriate for further investigation regarding the development of sector-specific energy efficiency benchmark.

Keywords

• benchmarking
• energy efficiency
• industry comparison
• topsis method