The world is at crossroads: climate progress must rapidly increase if we are to achieve the goals of the Paris Agreement. This is why the World Benchmarking Alliance seeks to mobilise and incentivise over 450 influential companies to adopt a decarbonisation strategy that leaves no one behind. By doing so, we will help close the corporate accountability gap on decarbonisation, together with our partners and allies.
To accelerate action towards global decarbonisation and energy transformation, the World Benchmarking Alliance (WBA) has formed a strategic partnership with the Assessing low-Carbon Transition (ACT) initiative developed by ADEME, the French Agency for Ecological Transition in addition to our partnership with CDP.
The Buildings Benchmark will use ACT methodologies to measure 50 companies across the buildings sector on their alignment with a low-carbon world and their contributions to a just transition. Data collection, verification, and analysis of the companies in scope will take place during the first quarter of 2023, with the launch of the first benchmark at the end of March 2023 .
This methodology report presents an overview of the companies in the buildings sector and the methodologies that are used for the benchmark. Additionally, the report presents the list of 50 companies included in the benchmark and explains our principles for selecting them.