1、 Social Benchmark 2024 Insights Report July 2024 Social Benchmark 2024 Insights Report 2 Table of contents Foreword 4 Executive summary 5 Introduction 8 About the benchmarking process 9 Benchmarking for a better world 9 Methodology summary 9 Assessment process 10 Key findings 12 Key finding one:The
2、2,000 most influential companies are leaving hundreds of millions of people behind 12 Key finding two:Engaging with affected stakeholders improves companies human rights and decent work practices,yet only 9%of companies do so 14 Key finding three:80%of companies fail on human rights due diligence re
3、gulations,guidance and pressure are needed to accelerate change 17 Key finding four:Only 4%of companies commit to living wages,missing a key opportunity to reduce inequalities 20 Key finding five:Opaque lobbying by companies with revenue of almost half of global GDP risks undermining progress on the
4、 SDGs 23 Sectoral findings 26 Respecting human rights 27 Providing and promoting decent work 28 Acting ethically 29 Regional findings 32 Respecting human rights 32 Providing and promoting decent work 34 Acting ethically 35 OECD,G20 and the European Union 36 Whats next 38 Collective Impact Coalitions
5、 38 Communities of Practice 38 Investor engagement 39 Policy engagement 39 Third-party assessments using WBAs social methodologies 40 Social Benchmark 2024 Insights Report 3 The 2026 Social Benchmark 40 Acknowledgements 41 References 42 Endnotes 45 Annex:Company list 46 Social Benchmark 2024 Insight
6、s Report 4 Foreword In 2024,we are past the mid-point of the timeframe in which the world committed to achieve the UN Sustainable Development Goals.In this period,we have seen a worrying increase in negative trends that affect many aspects of our lives and adversely impact those who are already the
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