Benchmarking - Success factors in Sustainability Reporting

Global policies are increasing pressure on corporate sustainability reporting, and companies must be able to report sustainability data - otherwise, they face significant consequences to their business - Are you ready?

Join our benchmarking project to learn best practices from industry leaders in Life-Cycle Analysis (LCA), Product Carbon Footprint Analysis (PCF), and Efficient Sustainability Reporting. Gain insights into the next strategic steps tailored for your company.

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FAQ - Unlock Sustainability Success

Benchmark Insights, Identification & Prioritization of Reports and Digital Tools

Why should you benchmark your sustainability reporting and calculation?

Benchmarking allows you to assess strengths & weaknesses and enhance credibility with stakeholders by comparing your performance to competitors and industry standards and learning from successful-practice companies.

Why are digital tools necessary to assist in managing the data needed for sustainability reports?

Digital tools are crucial to minimizing inaccuracies in sustainability reports and LCA/PCF calculations caused by reliance on databases with secondary data.

Why is participating the consortium and the Chief Sustainability Manager course (incl.) beneficial? 

The consortium provides you with a platform to grow your sustainability network and the training offers you a certified qualification to identify strategy gaps and prioritize activities to meet upcoming legislative goals from 2023 onward.

Join now!

What you get

  • Receive comprehensive and certified intensive training in technology-driven sustainability (Chief Sustainability Manager)
  • Define the focus of the benchmarking analysis to identify successful practices in PCF calculation and reporting standards, including mandatory guidelines, reporting standards, and voluntary targets
  • Discover in-depth, scientifically based insights on Life Cycle Analysis and reporting standards through an analysis of the most successful companies
  • Select out-standing companies based on a comprehensive pre-analysis of more than 100 surveyed companies
  • Get to know the successful practice companies on-site and engage in an active exchange of ideas
  • Determine your business priorities by comparing yourself to the selected successful companies
  • Discuss findings in an exclusive industry consortium to formulate actionable recommendations tailored to your company

Why it matters

  • Global policies are increasing pressure on corporate sustainability reporting, and companies must be able to report sustainability data – otherwise, they face significant consequences to their business.
  • Mandatory sustainability reporting will come as soon as 2024, depending on the size of the company.
  • Major OEMs are already asking their suppliers to confirm that they will be able to provide information on PCF data in the future.

Project outline

In the project kick-off, we get to know you and the other project partners and jointly identify the focus and target group of the benchmarking study.

Methodological approach of the consortium benchmarking
  1. Phase 1 – Empirical Study: Setting up of a scientific study on current the status quo across different industries and company sizes regarding PCF Calculation & Sustainability Reporting.
  2. Phase 2 – Derivation of Success Factors & Evaluation: Quantitative analysis of the study and systematic derivation of success factors based on interviews. In the review meeting, we will discuss the findings from the benchmarking study and elaborate on the successful practices of the leading companies.
  3. Phase 3 – Selected Company Visits: Awarding of selected companies and visiting best practices to learn from the best and exchange with peers. Selected from approx. 100 participating companies.

Concurrently with the benchmarking study, you can enhance your expertise in technology-driven sustainability through our RWTH Aachen certificate course Chief Sustainability Manager. This practice-oriented training program offers you a thorough understanding of strategies, processes, and methods to establish a competitive sustainability roadmap.

Target group

Relevant for all companies across diverse industries that are affected by global policies like the Corporate Sustainability Reporting Directive (CSRD) in the EU, requiring them to report on sustainability data now or in the near future.

References

"We have participated several times as a partner in the consortium benchmarking. We were impressed by the high quality of the results, the professional project management, and the close exchange with the other participating companies. This enabled us to gain further important impetus for our own technology management. We were confirmed in our approach and process design."
~ Thomas Stengel, Senior Manager Technology Management, Daimler Trucks

Cooperation partner

General conditions

Start:  June 2024

End:  December 2024

Costs: 25,000 € per company (incl. 1 participation in the Chief Sustainability Manager Training)

After completing this initial project, we look forward to welcoming you to our strong sustainability community.

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Industry Partners

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Dr. Myron Graw

Executive Director Sustainability
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