Serving the interests of all stakeholders is key to businesses’ long-term success. Regularly engaging with stakeholders contributes to the company’s understanding of diverse and frequently opposing perspectives, drives innovation and helps to shape robust and inclusive approaches. Companies are expected to engage in meaningful stakeholder engagement. Engagement processes are expected to produce a clear output or action and an acknowledgment of how stakeholder inputs are used.

A note on the scoring system

Wikirate uses a standardized 10-point scoring system to enable comparison of company scores across different benchmarks. In the Nature Benchmark, companies can earn 1 point per indicator, which are then added together and calculated as a percentage of the total score for a measurement area (MA) to determine the final score for the MA. The overall Wikirate score is calculated by combining these scores with the appropriate weightings, and converting them to a 10-point scale. For instance, if a company achieves a final score of 50, the corresponding Rating will be 5.