What is 'compound KPI' in SAP GRC-SPM-SR - Sustainability Reporting?

compound KPI - Overview

• Component: GRC-SPM-SR

• Component Name: Sustainability Reporting

• Description: A KPI with parents and children but no data sources of its own.

compound KPI - Details

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  Key Concepts: 
  Compound KPI is a type of KPI (Key Performance Indicator) used in SAP Sustainability Reporting. It is a combination of two or more KPIs that are related to each other and can be used to measure the performance of a company in terms of sustainability. Compound KPIs are used to measure the progress of a company towards its sustainability goals.
  
  How to use it: 
  Compound KPIs can be used to measure the progress of a company towards its sustainability goals. They can be used to track the performance of a company over time and compare it with other companies in the same industry. Compound KPIs can also be used to identify areas where improvement is needed and to set targets for improvement.
  
  Tips & Tricks: 
  When creating compound KPIs, it is important to ensure that the KPIs chosen are related to each other and that they measure the same thing. It is also important to ensure that the data used for the compound KPI is accurate and up-to-date.
  
  Related Information: 
  SAP Sustainability Reporting provides a range of tools and features that can be used to create and manage compound KPIs. These include the ability to create custom KPIs, set targets, track performance over time, and compare performance with other companies in the same industry.