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Commitment to Remedy Adverse Impacts
Does the company have a publicly available policy statement committing it to remedy the adverse impacts on individuals and workers and communities that it has caused or contributed to?
23251995
World Benchmarking Alliance
Researched
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  • Details
  • Companies 1,996
  • Sources 1
  • Datasets 0
  • Calculations 1

About the data

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This metric was designed by The World Benchmarking Alliance, more information can be found here. The Methodology and scoring guidelines can be found here

WBA benchmarks integrate a common set of core social indicators into all system transformation methodologies to assess whether companies demonstrate a sufficient commitment to responsible conduct. These indicators are used to assess companies, regardless of the sector in which they operate.

These indicators also make up the Social Benchmark that assesses the world’s 2,000 most influential companies – also known as the SDG2000 – on their responsibility to meet society’s fundamental expectations towards respecting human rights, providing decent work, and acting ethically.

Together, these companies directly employ 95 million people and hundreds of millions more through their supply chains, and generate USD 45 trillion in revenue each year – the equivalent of 45% of global GDP. If they all met these expectations regarding socially responsible business conduct, we would make massive strides towards a more sustainable and equitable world. However, results reveal that there are significant gaps and areas that companies urgently need to progress on.

Methodology

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WBA analysed all publicly available group-level disclosure in English on the applicable group website, which was predominantly annual reports and sustainability reports. Draft assessments were then sent to each company inviting them to provide feedback. This feedback could include additional publicly available group disclosure published. These were then reviewed and finalised. Final assessments were then shared with each company before being published online.
License
CC BY 4.0 attribution
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Topics
Framework Mappings
Value Type
Category
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Options
Yes
No
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Assessment
Steward Assessed
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Report Type
Aggregate Data Report
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