The World Benchmarking Alliance (WBA), headquartered in the Netherlands, is a pioneering organisation dedicated to driving sustainable development through transparent benchmarking. Founded in 2018, WBA focuses on assessing the performance of companies across various industries, particularly in relation to the United Nations Sustainable Development Goals (SDGs). With a commitment to fostering accountability and encouraging responsible business practices, WBA provides unique insights through its comprehensive benchmarking reports. These reports evaluate companies on their environmental, social, and governance (ESG) performance, positioning WBA as a leader in the sustainability assessment space. Notable achievements include collaborations with global stakeholders and the establishment of benchmarks that influence corporate behaviour worldwide. By promoting transparency and encouraging competition, the World Benchmarking Alliance plays a crucial role in shaping a sustainable future for businesses and society alike.
How does World Benchmarking Alliance's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Other Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
World Benchmarking Alliance's score of 18 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, the World Benchmarking Alliance has reported carbon emissions for the years 2018 to 2020, focusing on the global mineral fuels and oils sector. In 2018, the GHG intensity was approximately 0.205 kg CO2e per barrel of oil equivalent (BOE). This figure increased to about 0.41 kg CO2e/BOE in 2019, before significantly dropping to approximately 0.0064 kg CO2e/BOE in 2020. Despite these emissions data points, there are currently no disclosed reduction targets or climate pledges from the World Benchmarking Alliance. This indicates a potential area for improvement in their climate commitments, as the organisation may need to establish specific reduction initiatives to align with global climate goals. The absence of formal targets suggests that while emissions data is being tracked, actionable commitments towards reducing carbon footprints are yet to be defined.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
World Benchmarking Alliance is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.