Social Transformation
The social transformation focuses on moving towards a world where companies value all people and leave no one behind. Our framework will assess all 2,000 keystone companies on key issues underpinning the social transformation agenda.
Aim
The Sustainable Development Goals (SDGs) place people at the heart and promote an agenda that envisions a world where no one is left behind. To achieve the Goals by 2030, human rights must be respected, inequalities need to be tackled head on and the current societal structures that constrain people from living a self-determined life must be transformed. Over the coming years the World Benchmarking Alliance will assess the 2,000 most influential companies against a common set of core social indicators. They represent a line, below which we question a company’s ability to contribute to the transformations needed to achieve the SDGs, and whether the company can be seen as a responsible actor.
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 reportHow will we assess all 2,000 companies on the social transformation?
Our framework sets out the societal expectations that companies should meet in order to leave no one behind, support the SDGs and help create a future that works for everyone, and how we will incentivize companies to meet them. These 12 key expectations are grouped into three categories: human rights, decent work and ethical conduct.
See the frameworkMilestones
-
Scoping report
April 2020
-
Draft methodology report
June 2020
-
Consultation of methodology
June - September 2020
-
Publish Framework
January 2021
-
Assess 1,000 companies on core social indicators
2021
-
Assess 2,000 companies on core social indicators
2022
-
Assess 2,000 companies on a rolling basis
2023 onwards
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.
