September i was attending the UN General Assembly High-Level Segment. One of the best events was and in the margins, AVIVA, UN Foundation, and others launched the World BEnchmarkign Alliance at the New York Library. The WBA will rank companies based on their sustainability performance and contributions towards achieving the Sustainable Development Goals (SDGs). WBA will make the information on companies also publicly available and free of charge.
Benchmarks provide a powerful incentive for companies to improve their sustainability performance and help to track progress, improve understanding and promote dialogue. Benchmarks will be designed through a multi-stakeholder process to ensure they reflect societal expectations. This will be a powerful and potentially transformative way to achieve this is to produce international league tables that measure and compare the performance of companies on the SDGs.