The World Benchmarking Alliance (WBA) has opened a consultation on its draft methodology for the upcoming Nature and Biodiversity Benchmark, including a proposal to assess whether companies link executive remuneration policies to biodiversity objectives.
RI last year reported on the WBA’s plans for a nature benchmark, which will assess the 1,000 most influential companies across 22 industries on their contributions to stable and resilient ecosystems through adequate governance, biodiversity and environmental management, while considering social inclusion and community impact.
The first iteration of the benchmark, assessing up to 500 companies, is planned for publication in autumn 2022.
Within the methodology, the WBA highlighted 19 draft indicators which were specific to the Nature and Biodiversity Benchmark, in addition to 18 core social indicators.
Each indicator will be assigned a score according to the scoring guidelines, which wi…