What is ESG benchmarking?
Competitive benchmarking helps organizations determine how they compare to their peers on issues of sustainability and ESG. This allows companies to identify areas where they excel and areas that require attention.
Why is ESG benchmarking important for companies to do?
Today, it is critical for companies to track and disclose a range of ESG indicators. Public companies must meet investor expectations and private companies need to meet standards from buyers, board members, and other consequential stakeholders.
Third Partners’ competitive benchmarking reveals where you rank in your industry and how you can take the lead. You will gain actionable insights, even if your company is not currently rated or ranked by large Wall Street agencies.
Benefits of Our ESG Benchmarking
Measure Against Competitors
Compare your organization to peers, competitors and global leaders to see where you stand
Develop an ESG Strategy that Reflects Business Priorities
No more guessing what ESG initiatives will impact your business the most
Identify Risks
Peer insights allow you to identify operational, financial and reputational risks before they impact your brand
Maximize Resources
Know where to focus and invest resources and build internal alignment to move beyond your peers
Third Partners conducts confidential and customized research that becomes your bridge to internal buy-in and improved performance.
Our experts deliver a tailored ESG scorecard that highlights risks and opportunities relative to peer companies and global leaders. ESG benchmarking is often delivered as one module within a broader sustainability opportunity assessment or action plan.
Third Partners conducts confidential and customized research that becomes your bridge to internal buy-in and improved performance.
Our experts deliver a tailored ESG scorecard that highlights risks and opportunities relative to peer companies and global leaders. ESG benchmarking is often delivered as one module within a broader sustainability opportunity assessment or action plan.
How We Deliver ESG Benchmarking Insights that Support Decision Making
Third Partners’ ESG benchmarking can be conducted as a standalone study, or integrated into a strategic action plan.
Third Partners’ ESG benchmarking can be conducted as a standalone study, or integrated into a strategic action plan.
ESG Benchmarking Case Study: KB Home
KB Home, a homebuilding company long recognized as a leader in sustainability and ESG within their industry, engaged Third Partners to assess its current performance, identify gaps and opportunities, and recommend how to take their sustainability program forward over the next decade. To meet those goals, Third Partners conducted a tailored benchmarking exercise assessing KB Home and its peers across 36 ESG metrics. We then identified steps for improving the company’s performance on each metric through a custom maturity model. Additionally, our team developed six key areas of opportunity across ESG that would build upon KB Home’s 15 years of high performance in sustainability and ensure they remained a leader within the homebuilding industry and beyond.
