Is it fair to compare companies from different sectors to the EU15 benchmark?
The current practise of corporate environmental performance assessments is dominated by the best in class approach. This means that only companies from the same sector are compared and the best performing companies are identified for each sector. Best in class studies do not compare different sectors and thus don’t take into account the potential of structural change. However, it is uncontested that sustainable development requires our economies to change from a more resource intensive industry structure to a more knowledge based industry structure. By comparing all the companies to the EU15 benchmark, we show the potential of structural change. This clearly sets resource intensive apart from knowledge driven companies. Click here to go back to the top.
