Benchmarking is a very useful tool to get a very clear idea of what actions your competitors are undertaking to improve their own sustainability performance. Through benchmarking, your sustainability performance will be assessed and compared to the achievements of other peer companies, which are in the industry your company is operating in.
Benefits to your organization:
- Understand what the competition and market leaders are doing;
- Create competitive advantage in the marketplace;
- Give you the opportunity to develop your own business case for sustainability.