Integrated Value Model for Sustainability Assessment.

This model applies a Multiple Criteria Decision Analysis approach to provide a sustainability index which includes economic, environmental and social requirements, each of which has defined and weighted criteria and indicators. Each indicator has a value function, from 0.0 (minimum satisfaction) to 1.0 (maximum satisfaction), with the value being arrived at using a mathematical formula.

A similar approach could be combined with that of AMOEBA to better visualise the evaluated sustainability of a product or service.

It is abbreviated to MIVES, which is from its Spanish spelling.

(Source: Pons, O.; De la Fuente, A.; Aguado, A. The Use of MIVES as a Sustainability Assessment MCDM Method for Architecture and Civil Engineering Applications. Sustainability 2016, 8, 460. https://doi.org/10.3390/su8050460, accessed 13th March 2022)