Charlotte Hugman is Leading Research on Climate & Energy at the World Benchmarking Alliance (WBA), and Sofía del Valle is Engagement Manager, Social Transformation, Gender and Human Rights at the same organisation. WBA develops transformative benchmarks that allow comparisons of companies’ performances on the Sustainable Development Goals. In this session, Charlotte and Sofía shared the goals of WBA’s Climate and Energy Benchmark and how companies can use WBA’s indicators to increase their ambition and action on addressing their social and climate impacts.
As Charlotte and Sofía put it:
‘WBA’s methodologies and benchmarks serve as roadmaps for companies, setting out the steps they can take to meet the needs and expectations of their stakeholders.
In 2021 we are assessing 180 of the companies in scope of our decarbonisation and energy system transformation on their contributions to a just transition: 100 oil and gas companies, 50 electric utilities and 30 automotive manufacturers.
For this we use the WBA social transformation framework and its core social indicators, and the WBA just transition methodology.’
RESOURCES
- World Benchmarking Alliance: Mission and Vision
- The Climate and Energy Benchmark
- Just Transition: Approach Report
