  A policy compass indicates the direction in which an institution is going in
terms of three general qualities. The three qualities are: suppression, harmony
and passion. Any formal institution can develop a policy compass to examine the
discrepancy between what the institution would like to do (suggested in its
mandate) and the actual performance and situation it finds itself in. The
latter is determined through an aggregation of statistical data and facts.
These are made robust and stable using meta-requirements of convergence. Here,
I present a version of the compass adapted to embed the central ideas of
ecological economics: that society is dependent on the environment, and that
economic activity is dependent on society; that we live in a world subject to
at least the first two laws of thermodynamics; that the planet we live on is
limited in space and resources; that some of our practices have harmful and
irreversible consequences on the natural environment; that there are values
other than value in exchange, such as intrinsic value and use value. In this
paper, I explain how to construct a policy compass in general. This is followed
by the adaptation for ecological economics. The policy compass is original, and
so is the adaptation. The compass is inspired by the work of Anthony Friend,
Rob Hoffman, Satish Kumar, Georgescu-Roegen, Stanislav Schmelev, Peter
S\"oderbaum and Arild Vatn. In the conclusion, I discuss the accompanying
conception of sustainability.
