Global Child Forum and the Boston Consulting Group initiated the Corporate Sector and Children’ Rights Benchmark study series in 2013 to fill a gap in research. To date, we have screened more than 2600 companies across 9 industries. The purpose of the series is to develop a children’s rights benchmark for the corporate sector and to enable tracking of progress over time on how children’s rights are addressed by business.
In 2020, Global Child Forum joined the World Benchmarking Alliance and at the same time took the decision to adopt the SDG2000 as our base universe. The companies we screen are selected from the SDG2000 list based on being the largest by revenue, as well as geographical and sector spread.
The nine sectors are largely based on the The Refinitiv Business Classification (TRBC): Apparel & Retail; B2B; Basic Materials; Energy & Utilities; Financials; Food, Beverage & Personal Care; Healthcare, Technology & Telecom; Travel and Leisure.
Publicly available information (such as sustainability reports etc.) is screened against a set of 27 indicators (see below). Each indicator has a possible score of;
0 – no information could be found;
5 – the company is reporting on human rights or sustainability for this issue;
10 – the company reports on how they address children’s rights for this issue
The benchmark methodology contains a set of 27 indicators with indicators specific to: Workplace, Marketplace and Community & Environment, as well as two generic indicators (same question for all three areas).
The specific area scores for Workplace, Marketplace and Community & Environment are calculated as weighted averages of the components: Policies & Commitments, Implementation and Reporting & Actions.
The overall score for each company is calculated as a weighted average of the scores for the areas of Workplace, Marketplace and Community & Environment respectively.
The results are based only on publicly available data, systematically assessing corporate organisational response to impact on children’s rights. However we don’t evaluate actual compliance with policies, nor outcomes of policies and/or programmes. The individual results are shared with each company for feedback and possible corrections to ensure a fair assessment.
The set of indicators align clearly with the Children’s Rights and Business Principles, and divides the indicators into the impact areas of Workplace, Marketplace and Community/Environment. This not only gives a great overview of what companies are doing in each of these spheres of influence, it also gives companies an opportunity to identify areas for improvement in relation to their operations.