Topic 2 Sustainability Benchmarking

  • Benchmarking is one of the methods that allows to evaluate sustainability performances providing evidences and alignment between the objects taken in consideration. It works through a set of indices taken in consideration for the report.
  • Common approaches to benchmark sustainability are:
  1. Sustainable standards, certifications, programs etc that are related production practices (see next slide)
  2. Policies of companies

Various stakeholders deal with sustainability benchmarking and for different purposes: Governments; Companies, NGOs, Standard Systems

Source: ISEAL Alliance 2018

The basic models applied to sustainability benchmarking are: threshold, ranking, peer comparison, improvement

  • Threshold: is a common baseline to push stakeholders or entities to reach a minimum level of performance.
  • Ranking: requires determined criteria to set a score.
  • Peer Comparison: comparing peers and competitors can offer new opportunities in terms of collaboration
  • Improvement: is less commonly used because sets criteria that have to become «future performance levels» rather than being a good practice model in the present time

Source: ISEAL Alliance

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