Social Transformation Benchmark
The social transformation focuses on respect for human rights, equality and empowerment, without which none of the SDGs can be fully achieved. It will assess all 2,000 keystone companies on the social component.
Aim
The SDGs place people first and promotes an agenda that envisions a world where no one is left behind. This means that human rights must be respected, gender inequalities need to be tackled head on and the current societal structures that constrain people from living a self-determined life must be transformed. To reflect this, WBA will assess the 2,000 most influential companies against a common set of core social expectations. They will act as responsible business conduct ‘hurdles’ which companies must clear to be given credit for their contribution to the SDGs.
Read more about our seven systems transformations
Scope
WBA’s proposed approach to the scope for social transformation is through three assessments: core social assessment, a transformation-specific one, and spotlight social assessments.
Find out more in the scoping reportMethodology
The methodology for social transformation outlines the draft indicators that will be used to assess the 2,000 most influential companies globally on 15 core social topics. These include living wages, corporate taxation, lobbying, core labour standards and respect for human rights.
Read the draft methodologyMilestones
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Scoping report
April 2020
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Methodology report
June 2020
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Consultation of methodology
June - September 2020
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Data collection, verification and analysis
2021
Spotlight benchmarks
Gender Benchmark
The Gender Benchmark assesses and compares how companies are driving and promoting gender equality and women’s empowerment across their entire value chain.
Learn more
Corporate Human Rights Benchmark
The benchmark assesses the human rights policies, processes and practices of some of the largest publicly traded companies across agricultural products, extractives, apparel and ICT manufacturing.
Learn moreGet involved
As we build our work, we continue to engage with stakeholders across the globe through targeted communications with key organisations and representatives. Get in touch to know more.
