Urban Benchmark Methodology

The Urban Benchmark and methodology objectives The World Benchmarking Alliance (WBA) has developed this first iteration of the Urban Benchmark’s methodology, to measure and track how the world’s most influential companies operating in urban spaces are helping to make cities more inclusive, safe, resilient and environmentally sustainable, as mandated by the SDGs and NUA. [...] The public consultation on the methodology for the 2023-24 Urban Benchmark kick-started this process and will lead to the publication of the first benchmark iteration in 2024. [...] To make sure that the benchmark is applicable to all the sectors it assesses across the world’s regions and addresses today’s pertinent global issues, the first iteration of the benchmark will be aimed to understand what companies are doing in the urban sector. [...] Presentation of the results The release of the 2024 Urban Benchmark results will be accompanied with a presentation of key findings on the main trends, leading approaches and notable conclusions of the benchmarking exercise, tied to the industry rankings and individual scorecards of all the assessed companies. [...] (2020); UNDP (2021); WEF (2020) 7 As defined by the GRI Standards, the highest governance body refers to a formalised group of individuals with the highest authority in the organisation who are responsible for the strategic guidance of an organisation, the effective monitoring of management, and the accountability of management to the broader organisation and its stakeholders.