Using Exclusive Sustainability Benchmarks
Understanding how your sustainability performance stacks up against industry standards and peers is crucial. Proof offers exclusive sustainability benchmarks to help you evaluate and enhance your efforts. Here’s how you can use these benchmarks effectively:
1. Navigating to the Benchmarks Tab
To access the benchmarks:
Go to the Benchmarks Tab:
Log in to your Proof account.
Navigate to the "Benchmarks" tab from your dashboard.
2. How Benchmarks Work
Proof provides Precision benchmarks that are regularly updated based on data availability and quality. Here’s how they function:
Regular Updates: Proof releases and updates benchmarks regularly to ensure they reflect the latest data and trends. This helps maintain accuracy and relevance.
Percentiles for Comparison: Benchmarks are organized into percentiles, allowing you to see where your performance stands relative to the industry or your peers.
Understanding Percentiles: Percentiles range from 0 to 100. The 50th percentile represents the median of submissions, meaning that 50% of the data points fall below this value and 50% are above it. This provides a clear picture of where you stand compared to others.
Application of Percentiles: For instance, if your performance is at the 75th percentile, it means you are performing better than 75% of your peers.
3. Using Benchmarks to Enhance Performance
By using these benchmarks, you can:
Compare Your Performance: Assess how your sustainability metrics compare to industry standards and peers.
Identify Strengths and Opportunities: Use percentile rankings to identify areas where you excel and areas where there is room for improvement.
Set Target Goals: Utilize benchmark data to set realistic and ambitious sustainability goals for your organization.
Leveraging Proof’s benchmarks is a valuable way to understand and enhance your sustainability performance. If you have any questions or need further assistance, our support team is here to help.