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The World Benchmarking Alliance is funded by:
“More and more people are recognizing that businesses need to be a force for good in the world. In giving ordinary people the information they need to hold companies to account, the World Benchmarking Alliance will fundamentally challenge businesses to up their game on the contribution they are making to the Global Goals.”
– Penny Mordaunt (International Development Secretary of the United Kingdom)
“The World Benchmarking Alliance is an ambitious and necessary initiative to unleash the power of business and private finance for the Sustainable Development Goals. With the benchmarks, companies will know what we as a society expect from them on the sustainability agenda. This will take us one step closer to the vision and ambition to create the world we want embodied in the Sustainable Development Goals.”
– Ulla Tørnæs (Minister for Development Cooperation, Denmark)
“The world has united on an agenda for tackling the greatest global challenges and produced a framework for action: the SDGs. Achieving the SDGs is a collective effort. Benchmarks give us valuable insights and identify areas for improvement. Measuring helps us raise standards together.”
– Sigrid Kaag (Minister for Foreign Trade and Development Cooperation, The Netherlands)
“Our idea is simple. We turn the SDGs
into a corporate competitive sport. We draw up transparent data on performance and impact towards meeting the SDGs, and we rank companies according to how well they are doing. This will motivate a race to the top, which is what the proposed World Benchmarking Alliance is all about.”
– Mark Wilson (CEO Aviva)
Aviva is one of the world’s largest insurance and asset management companies, its history tracing back more than 300 years. It has operations in 16 markets around the world, but through its investment portfolio, Aviva’s reach extends to a broader and larger group of consumers. The company is a LEAD member of the Global Compact; a founding member of both the UN Principles of Responsible Investment and the UN Sustainable Stock Exchange Initiative. It is also a frontrunner in responsible investments, using its influence to support more sustainable business and ultimately a more sustainable economy and society. Aviva is an active contributor and user of different corporate sustainability benchmarks, including a founding member of the Corporate Human Rights Benchmark. Aviva’s CEO Mark Wilson is a member of the Business and Sustainable Development Commission (BSDC) and is personally committed to driving forward the sustainable development agenda and the creation of the WBA.
The Business & Sustainable Development Commission (BSDC) aims to make a powerful business case for achieving a sustainable, inclusive economy. Its flagship report Better Business, Better World, launched in January 2017, maps the economic prize for companies that align with the SDGs, and shows how to achieve them. The report includes the creation of SDGs benchmarks as one of the key recommendations. The Business Commission aims to make a powerful business case for achieving a sustainable and inclusive economy, if the UN Sustainable Development Goals are achieved. In its flagship report, Better Business, Better World, the Commission describes how business can contribute to delivering these goals. Chaired by Lord Mark Malloch-Brown, the Commission include 37 leaders from business, finance, civil society, labour, and international organisations from around the world.p>
Index Initiative is a centre of expertise in benchmarking corporate performance against stakeholder expectations. It seeks to propel the use of benchmarks to engage and bring purpose and clarity on the role of companies in contributing to the SDGs closest to their core business. A non-profit based in Amsterdam, The Netherlands, Index Initiative’s research and benchmarks are free and accessible to all. Index Initiative will conduct the global consultation on the World Benchmarking Alliance.
The United Nations Foundation builds public-private partnerships to address the world’s most pressing problems, and broadens support for the United Nations through advocacy and public outreach. Through innovative campaigns and initiatives, the Foundation connects people, ideas, and resources to help the UN solve global problems. The Foundation was created in 1998 as a U.S. public charity by entrepreneur and philanthropist Ted Turner and now is supported by philanthropic, corporate, government, and individual donors.