world benchmarking alliance

World benchmarking alliance

We executed a strategic review of the first years of operations of the World Benchmarking Alliance.

It does this by publishing free and publicly available benchmarks on their performance Benchmarking for a better world. Using benchmarks to help companies create a better and more sustainable world. More videos. Circularity is in Nature…. Each new Ally brings fresh energy and new perspectives to the challenge ahead. From its inception, WBA has understood that success rests on our ability to build a diverse and inclusive global network of stakeholders from the public, private, and civil society sectors.

World benchmarking alliance

Transformed systems and improved business impact on people, workers, communities, and the environment, particularly in developing countries. Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet. Twitter Facebook Youtube Linkedin. Login Login. Search Close this search box. The World Benchmarking Alliance WBA was launched in because we believed that there needs to be real change in the way that business impact is measured to boost motivation and stimulate action for a sustainable future for everyone. WBA identified seven transformations that need to take place to put society and the worldwide economy on a more sustainable path to achieve the SDGs. Companies change behaviour and improve sustainable practices. Sign up your company. Sign Up Now. Learn More. Join the conversation on social:.

You can learn more about how we use cookies, and how to change your settings, in our Cookies Policy. Nature Benchmark: A Visual Summary.

A well-functioning global economy will be instrumental in achieving the SDGs. Although the world economy is highly decentralised and operates among millions of enterprises all over the world, financial resources are concentrated and managed by a much smaller number of financial intermediaries. This makes financial institutions key decision makers in the allocation and stewardship of resources, affording them a distinct role in the global economy in support of the Agenda. During , global consultations will be conducted to map existing behaviours and assess the practical action possible. A methodology will be published by end , with a baseline Financial System benchmark produced by end

We strongly believe that our multi-stakeholder Alliance plays a significant role in helping WBA become a truly effective global organisation and drive system transformation to achieve the SDGs. WBA Allies help us ensure our consultations and benchmarks are used by companies, investors, policy-makers and civil society; and help us tranform our work to create meaningful centres of impact. Participation in the Alliance is designed to be voluntary, and there are no financial obligations between WBA and Allies. The Alliance does not include companies, whether they could potentially be ranked or might never be in scope for a benchmark. The WBA maintains an ongoing dialogue with companies and business leaders to ensure that the Alliance remains relevant for the business community. The Alliance does, however, include participation from financial institutions as they are a key user group for our benchmarks and play a critical role in influencing company behaviour. For Allies, WBA provides a collaborative and solutions-oriented platform to highlight successful models of action, build upon and scale existing efforts, facilitate cross-sector partnerships between like-minded organisations, and increase the scope and ambition of efforts to achieve broad transformations of our current economic, environmental, and social systems. In addition, WBA serves as:. What happens when you become an Ally? In addition, WBA serves as: A global community of practice with leading stakeholders committed to driving forward actionable outcomes to facilitate private sector contributions to achieving the SDGs; A platform for knowledge-sharing and partnership-building based on shared goals, priorities, and experiences; A structured space in which to co-develop metrics and indicators for assessing, comparing, and holding accountable corporate performance on the SDGs; A forum for advancing critical conversations and solutions around SDG financing and delivery, as well as systems-level transformations; and An opportunity to help shape an institution dedicated to providing a public good that transforms business impact on society.

World benchmarking alliance

Our mission is to build a movement to measure and incentivise business impact towards a sustainable future that works for everyone. The World Benchmarking Alliance WBA was launched in because we believed that there needs to be real change in the way that business impact is measured to boost motivation and stimulate action for a sustainable future for everyone. WBA identified seven transformations that need to take place to put society and the worldwide economy on a more sustainable path to achieve the SDGs. This information will be freely available to everyone. Investors, governments, civil society, individuals and the companies themselves will be empowered. Investors can influence the companies they invest in. Governments can develop better policies and civil society can direct public support and partnership efforts. Individuals can decide where to spend their money and where they choose to work. These benchmarks will reveal both to companies and stakeholders where each company stands compared to its peers, where it can improve and where urgent action is needed to deliver on the SDGs.

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About the Nature Benchmark. Companies change behaviour and improve sustainable practices. After two years of fast growth, WBA asked Steward Redqueen to independently evaluate the first years of operations. Each new Ally brings fresh energy and new perspectives to the challenge ahead. You can learn more about how we use cookies, and how to change your settings, in our Cookies Policy. During , global consultations will be conducted to map existing behaviours and assess the practical action possible. Facebook Twitter Youtube Linkedin. From its inception, WBA has understood that success rests on our ability to build a diverse and inclusive global network of stakeholders from the public, private, and civil society sectors. Discover the SDG Please note: This action will also remove this member from your connections and send a report to the site admin. Suspicious Contains spam, fake content or potential malware. Sign Up Now. It does this by publishing free and publicly available benchmarks on their performance The results helped WBA to be accountable to its funding partners and Alliance members, to sharpen its approach and to define priorities for the years to come.

These are the companies that are going to shape our future. This information will be free and available for everyone.

Learn More. Visit their virtual booths to discover the outstanding work they do and explore key publications, blogs, upcoming events, social media content, top campaigns and more. You have already reported this. Although the world economy is highly decentralised and operates among millions of enterprises all over the world, financial resources are concentrated and managed by a much smaller number of financial intermediaries. A well-functioning global economy will be instrumental in achieving the SDGs. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet. Please note: This action will also remove this member from your connections and send a report to the site admin. WBA now is the largest corporate benchmarking initiative globally. Sign up your company. Transformed systems and improved business impact on people, workers, communities, and the environment, particularly in developing countries. Harassment Harassment or bullying behavior. The evaluation analyses progress, accomplishments, and challenges. From its inception, WBA has understood that success rests on our ability to build a diverse and inclusive global network of stakeholders from the public, private, and civil society sectors. Each new Ally brings fresh energy and new perspectives to the challenge ahead. The results were introduced and discussed in interactive sessions with investors and the own organisation.

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