Index Initiative develops benchmarks that aim to encourage industries and companies to enhance their contribution to the Sustainable Development Goals (SDGs) closest to their core business. Our benchmarks bring clarity on three levels:More about us
Companies often deal with a wide range of stakeholders with diverging expectations and priorities. Through an extensive multi-stakeholder process our benchmarks identify common grounds among key stakeholders and build consensus around these expectations. Benchmark methodologies translate stakeholder expectations into clear metrics, providing companies with a path forward.
The potential contribution of an industry to sustainable development is influenced by its core business and position in the value chain. This both determines and limits an industry’s influence. Benchmarks clarify the role of industries in advancing the SDGs closest to their core business but they also highlight the responsibilities of other stakeholders.
Only when stakeholders know how companies actually perform, they can push companies to enhance their contribution to sustainable development. Our benchmarks therefore independently and objectively measure and compare the performance of individual companies in advancing the SDGs. This model creates and stimulates transparency and accountability of corporate sustainability performance, driving companies to outperform each other on sustainability criteria. Benchmarks give credit to companies that perform well, create accountability and allow others to learn from best practices within and across industries.