This week the start of the World Benchmarking Alliance (WBA) is announced at the UN Headquarters in New York. The WBA is a high-profile set of publically available league tables scoring companies against their sector peers on their responses to major sustainability issues measured against a number of internationally agreed performance indicators as well as their contribution to achieving the SDGs.
The World Benchmarking Alliance (WBA) could change the face of the way companies are compared on their responses to ESG issues measured against the increasingly important sustainability backdrop of the SDGs. The WBA follows the models of the existing industry benchmarks such as the Access to Seeds Index, the Access to Medicine Index and the Corporate Human Rights Benchmark.
Read the interview with Aviva CEO Mark Wilson on the WBA on Responsible Investor