The document discusses the development of the World Benchmarking Alliance's Food and Agriculture Benchmark. It notes that over 2 years were spent defining the benchmark's scope, developing indicators, and creating a first baseline. The benchmark aims to track over 300 global companies across the full food value chain in areas like nutrition, environment, and social inclusion. It will provide overall and industry-level results as well as individual company scorecards to facilitate dialogue on performance meeting food system transformation targets.

1. WBA Food & Agriculture Benchmark
Incentivizing food system transformation
Presentation for Aviva – 20 June 2019

2. A growing global alliance to incentivize business
contribution to the Sustainable Development Goals

3. WBA benchmarks focus on seven transformations
fundamental to achieving the SDGs

4. Benchmarks have been successful in
leveraging business contribution to
sustainable development
BSCD advised the creation of an
alliance to produce more
benchmarks to mobilize investors
WBA was launched September 2018
after global consultations indicated
broad support
A short history of WBA

5. WBA Food & Agriculture Benchmark development taps
into global initiatives on food system transformation
Agenda
Roadmaps
Targets

6. Preparation time of 2 years to present the baseline
benchmark
2020
Tokyo
Nutrition Summit
2021
Global Food
System Summit2 year prep
time

7. 2 years to set scope, develop indicators and first baseline
2021
Develop
scope
Develop
indicators
Develop
baseline
EAT Forum:
draft
Davos:
final
EAT/Tokyo:
methodology
2021 Food System Summit:
Baseline benchmark

8. Benchmarking is a process, stakeholders are involved in
every step
1.
Define methodology
2.
Develop benchmark
3.
Drive action
Refine

9. Inputs
Seeds, agrichemicals
Fertilizer, machinery
Production & Processing
Growers, traders, manufacturers
Dairy, meat, confectionery, beverage
Distribution
Food retail, food service,
restaurants
• Following food system transformation agenda’s, the benchmark needs to include companies across the full value chain
• Just focusing on leaders based on revenues (below) would miss out relevant food groups and geographies
• Sufficient coverage in sub-industries is needed to produce relevant benchmarks
Last week, WBA presented its draft scope with 300+ key
stone actors in the global food chain

10. Leaders in relevant industries qualify based on revenues.
Additional companies are selected for coverage of
agenda-relevant segments
1.Fertilizers & Agricultural
Chemicals
2.Agricultural & Farm Machinery
3.Hotels & Restaurants
4.Distributors & Retail
5.Food Products & Beverage
(priority industry)
1.Grains
2.Tubers, Roots, Bananas
3.Legumes
4.Dairy
5.Livestock
6.Animal feed
7.Vegetable Oil
8.Seafood
9.Nuts
10. Sugar
1.North America
2.Latin America
3.Europe
4.MENA
5.Sub-Saharan Africa
6.Asia
7.Oceania
Qualification
• Top 100 in food products &
beverage
• Top 20 in other industries
Qualification
• Top 10 companies of
underrepresented food groups
Qualification
• Top 10 companies of
underrepresented regions in
selected segments
Selection of leaders in GICS-
industries
Check on coverage food groups * Check on coverage geographies
Company scope
• 300+ keystone actors for
global food system
transformation

11. Draft scope at a glance: consultations ongoing to check
selection and improve coverage
Europe
North America
Asia
South America
Sub-Saharan Africa
MENA
All regions covered
Companies account for 50% of global revenues
63% of companies is listed
All food groups & industries covered

12. Methodology development starts now
Nutrition Environment Social inclusion*
Methodology framework
(Measurement areas, indicators, weighting, scoring guidelines)
Stakeholder dialogue and feedback
Expert Review Committee
* Builds on work by
CHRB

13. Consumer
Staples
3010 Food &
Staples
Retailing
301010 Food &
Staples
Retailing
30101020 Food Distributors
Distributors of food products to other companies and not directly to
the consumer.
30101030 Food Retail
Owners and operators of primarily food retail stores.
30101040 Hypermarkets & Super Centers
Owners and operators of hypermarkets and super centers selling food
and a wide-range of consumer staple products. Excludes Food and
Drug Retailers classified in the Food Retail and Drug Retail Sub-
Industries, respectively.
3020 Food,
Beverage &
Tobacco
302010 Beverages 30201010 Brewers
Producers of beer and malt liquors. Includes breweries not classified
in the Restaurants Sub-Industry.
30201020 Distillers & Vintners
Distillers, vintners and producers of alcoholic beverages not classified
in the Brewers Sub-Industry.
30201030 Soft Drinks
Producers of non-alcoholic beverages including mineral waters.
Excludes producers of milk classified in the Packaged Foods Sub-
Industry.
302020 Food
Products
30202010 Agricultural Products
Producers of agricultural products. Includes crop growers, owners of
plantations and companies that produce and process foods but do not
package and market them. Excludes companies classified in the
Forest Products Sub-Industry and those that package and market the
food products classified in the Packaged Foods Sub-Industry.
30202030 Packaged Foods & Meats
Producers of packaged foods including dairy products, fruit juices,
meats, poultry, fish and pet foods.
1.
Fertilizers & Agricultural
Chemicals
2.
Agricultural &
Farm Machinery
3.
Hotels &
Restaurants
4.
Distributors & Retail
5.
Food & Beverage
Industry scope
Global Industry Classification Standard identifies five
food system industries
• The benchmark is linked to classifications investors
apply in finance and market research
• Five industries are inWBA’s scope, with an emphasis
on ‘Food Products’

14. Results are presented in overall and sub-rankings,
industry analysis and individual company scorecards
Investments by global seed companies in the
Global South
Company scorecards
Insight in individual performance
Industry analysis
Industry performance on food system targets
Spotlight analysis
Performance of companies on critical issues
Overall benchmark provides insights in leadership on
meeting food system transformation targets.
For each of the 300-400 selected companies individual
scorecards are compiled that enable an evidence based
dialogue on their performance.
Benchmarks and analysis are provided for industries
following classifications investors apply in market research
• Fertilizers & Agricultural Chemicals
• Agricultural & Farm Machinery
• Hotels & Restaurants
• Distributors & Retail
• Food products & beverage
WBA provides insights in performance on specific issues
and can produce spotlight benchmarks, such as:
• Access to Nutrition Index
• Access to Seeds Index
• Seafood Stewardship Index
• Land use
• Animal welfare
Food & Agriculture Benchmark (Sub) Industry Benchmarks Thematic Spotlight Benchmarks*
* Spotlights often include additional companies and indicators, such as ATNI country studies or
ATSI regional benchmarks. This falls outside of the scope of current WBA core funding