A New Application with Conditional Risk Matrix and Decision Rules: An Assessment of the Sustainability and Performance Electric Power Company

Abstract The 2030 Agenda for Sustainable Development of the United Nations General Assembly focuses on economic development, poverty cessation, environmental sustainability, and good governance at all levels, including peace and safety. For electric power distribution concessionary companies in Brazil, it is necessary to evaluate their sustainability and performance according to the parameters laid by the National Electric Power Agency (ANEEL). For that purpose, sixty-two indicators were assembled that were directly and indirectly associated with sustainability for 38 companies in the period–2013-2021. This study proposes a new application with a conditional risk matrix and decision rules aimed at the integrated assessment of sustainability and performance of electric power companies using the conditional probability of indicators in the ascent or descent of the companies’ classification. A set of “ if..., then... ” decision rules were inferred by the algorithm VC-DomLEM using concepts from the Rough Sets Theory and the Dominance principle, Dominance-based Rough Set Approach (DRSA).