The Alliance brings together a broad, balanced group of stakeholders with SDG 17 (Partnership for the Goals) at its core. Allies represent a large mix of voices aligned with the universality of the SDGs. These range from civil society and business networks, to financial institutions and multilateral organisations.
An inclusive Alliance is essential to the effectiveness of the WBA and in creating long-lasting impact.
Allies are exploring working in partnership to maximise the impact of the WBA and as an Alliance of stakeholders. Building the bridge as we walk over it, our focus is on learning, collaboration and diversity of perspectives.
As an asset manager with a long-term perspective and an active investment approach, Neuberger Berman seeks to understand the impacts of the companies in which we invest.
In this spirit, we support the World Benchmarking Alliance’s mission of providing standardized reporting on how companies are contributing to the Sustainable Development Goals.
– Head of ESG Investing Neuberger Berman
We value the WBA because if we are to succeed in achieving the Sustainable Development Goals, the private sector must actively contribute.
Many in the private sector are contributing and want to contribute more. By providing solid metrics and holding corporate leaders accountable to those metrics, we can help create the incentives for all companies to help make this world a better place. The food and agricultural sector has a particularly important contribution to make to a number of important SDGs, including Zero Hunger, Good Health and Wellbeing, Life on Land, Climate Action, Gender Equality, and Clean Water. Likewise, failure to achieve these goals will negatively affect agriculture – so there is both the reward of creating a virtuous circle and reducing the risk of a possibly vicious circle by focusing on the food and agricultural sector.
– Director General Bioversity International
We value the WBA because it is high time that consumers and markets have the data they need at their fingertips to literally buy into sustainability every day of the week.
Carolien de Bruin
– CEO and Founder C-change
We share the ambition of the WBA because together we can create a race to the top in sustainability performance – by unlocking the full potential of corporate reporting and disclosures.
Global Reporting Initiative
Meeting the Global Goals is in the best interests of every person, every business, every city and every nation.
It is going to take extraordinary stepping up from all of us to get there, and like any essential journey we need to know whether we are on track and on time. We can’t afford to be late – that’s why the WBA is going to be so important for us all.
The SDGs challenge global companies to re-imagine how they could flourish in a sustainable future – operating within system boundaries and to the genuine benefit of all.
The WBA can help shine a light on the true leaders and Future-Fit Foundation is excited to be part of this valuable initiative.
– Co-founder and Executive Director Future-Fit Foundation
The GIIN recognizes that impact investing has the potential to make powerful and lasting contributions to the SDGs.
This promise will be realized when impact data is transparent and universally understood across industries and sectors – and used alongside financial performance data. The World Benchmarking Alliance, in collaboration with global allies marks a critical step toward realizing this vision.
The Global Impact Investing Network (GIIN)
We are enthusiastic about the WBA’s initiative because The Geneva Association believes that well defined benchmarks can help insurers align their investment decisions with the SDGs.
The Geneva Association
We share the ambition of the WBA because we too sincerely believe that the private sector has a major role to play in driving change.
The goal of the Access to Nutrition Foundation is to harness the power of the private sector to tackle the world’s most pressing nutrition challenges by working towards achieving Sustainable Development Goals 2 and 3. We therefore welcome and are proud to be a part of the WBA’s efforts to track and compare corporate sustainability performance on a global scale.
– Executive Director Access to Nutrition Index
The World Benchmarking Alliance is a key asset to convince powerful decision makers – from the public and private sector – that they could do more to advance nutrition as a driver of the Sustainable Development Goals.
– Executive Director Global Alliance for Improved Nutrition (GAIN)
With our network of over 400 small and medium enterprises committed to scaling up nutrition across Africa, Asia and Latin America, The SUN Business Network is proud to partner with the World Benchmarking Alliance to set the framework for business action and investment to achieve SDG2.
– Senior Manager SUN Business Network
AllianzGI believes that the WBA can offer significant benefits for asset managers and is a step towards creating a credible common reference point for the investment community.
As a result, we hope this initiative will help to reduce operational costs and enable product development that would focus on investment returns and societal outcomes rather than proprietary rating and benchmarking processes. This initiative should also encourage impact aligned investments in public markets, particularly by developing momentum among retail investors.
– Global CIO Equities AllianzGI
Human rights and ecological prosperity lie at the heart of the Sustainable Development Goals, and a new vision for our world.
The World Benchmarking Alliance will deliver robust and compelling evidence about the states and companies that are leading this challenge, alongside the laggards who need to transform their performance. With these insights, investors can back responsible companies, consumers can buy ethical goods, governments can apply smart regulation and incentives, and talent can choose to invest their working lives where it will contribute to a brighter future.
– Executive Director Business & Human Rights Resource Centre
Current best practice that benchmarks corporate environmental and social performance against incremental advances is fatally flawed.
The World Benchmarking Alliance is a vital new player resolving the shortfall by transparently benchmarking against the Sustainable Development Goals, which requires aligning with the scale, scope, and pace of necessary transformation. We at Reporting 3.0 are proud to be WBA Allies, sharing our expertise to integrate sustainability thresholds and allocations into WBA’s methodologies.
Ralph Thurm and Bill Baue
– Managing Director and Senior Director Reporting 3.0
I’m excited to be a part of a strong alliance of stakeholders that collectively shape and realise the World Benchmarking Alliance.
It was wonderful that our recent Rome Roundtable comprehensively endorsed the progress of the WBA and enabled many more allies and ambassadors to come on board in support.
– Secretary General The Global Foundation
The World Benchmarking Alliance’s goal of building greater transparency and accountability on achieving the UN Sustainable Development Goals aligns well with CISL’s work with leaders, companies and policy makers to align economic development with a sustainable path for humanity and the environment. We are pleased therefore to support the work of the WBA.
Dame Polly Courtice, DBE, LVO
– Director Cambridge Institute for Sustainability Leadership (CISL)
We value the WBA because of the opportunity it presents to drive higher-quality, more consistent, ESG information that can be used in an integrated report and be decision-useful for investors.
Furthermore, we welcome the potential of this initiative to provide greater rationalization of asks to companies to provide data.
– CEO The International Integrated Reporting Council (IIRC)
We value the WBA because benchmarks can be key drivers for change and enable stakeholders to track corporate performance progress over time.
This allows for a greater public voice and engagement in the actions of companies towards the SDGs. For Nordea Bank and our customers WBA facilitates the sustainable finance development and transition towards a sustainable future.
Ceres warmly welcomes the launch of the WBA because companies must rapidly accelerate their sustainability target setting and performance to help achieve the SDGs.
The WBA’s benchmarking of companies and global collaboration with civil society are critical steps for speeding up change.
– Senior Manager Ceres
Growing the Alliance
We’re focused on broadening the regional representation to build a truly global movement. Each new Ally brings fresh energy and new perspectives to the challenge ahead. We’d love to hear from you if you’d like to get involved. Get in touch with us here.
Read more on the Alliance in the consultation publication.