ESG benchmarking involves comparing a company's environmental, social, and governance metrics with those of industry peers, providing insights into internal performance and competitive positioning.
Benchmarking ESG metrics can be transformative for businesses by contextualizing complex data, helping assess relative strengths and weaknesses, and identifying areas for improvement.
By understanding their position relative to peers, companies can set achievable ESG targets, guiding decision-making and tracking progress over time.
Sustainability report benchmarking plays a critical role in evaluating ESG performance and ensuring that the strategies align with desired sustainability outcomes.
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