Abstract

This article focuses on the methodology behind the aggregation of the 18 indicators that compose the FEEM Sustainability Index. Differently from previous works, a methodology based on the elicitation of subjective weights is defined for the aggregation, bypassing the limitations of a purely additive methodology like the equally weighted average. The article explains how synergies and conflicts across the different indicators are factored into the analysis allowing for the reconstruction of the preference profiles of the respondent and provides a brief description of the theoretical properties of the aggregation methodology alone as an overview of the elicitation procedure for the subjective weights.