How to customize the Benchmark data source.

In this article, you will learn how to set up the parameters for the analysis of the Benchmark source.

Benchmark is the first external data source. It allows you to identify your corporate stakeholders’ priority issues based on their reporting narrative. 

You can customize this data source by selecting:

  • Companies throughout your value chain such as peers, clients, suppliers or sustainability leaders.
  • A sector or a whole industry.
  • Countries/regions of interest.
  • Types of reports including financial reports, SEC filings, and non-financial reports.

To set up the parameters of the Benchmark source:

  1. Go to the Materiality Module.
  2. Go to your analysis.
  3. Open the “External view” tab.
  4. Go to the Benchmark source box.
  5. Name your Benchmark. We recommend using the name of the category of companies or reports (i.e. clients, competitors, sustainability leaders…)
  6. Select companies of interest for your analysis or load an existing peer list. 
  7. Select which types of reports you want to include in the analysis
  8. Click on the “Summarize” button to update the overview of topics, countries, and companies that will be included in the analysis according to your criteria (see the fields on the right).
  9. The orange marks indicate that your benchmark needs to be saved for the analysis to be submitted. Once it is saved, it will be marked with a blue check.
  10. To save your Benchmark, click on the “Save and next” button.

Please note that you are able to create up to five benchmark categories in order to integrate different scopes of companies or reports (e.g. one benchmark for peers and one for suppliers, one benchmark for sustainability reports and one for financial reports). 

 

Once you create and save a new benchmark, a new blue check will appear in the top bar of the benchmark box. Check and manage the benchmarks you have created by clicking on the blue checks. These buttons allow you to create a new benchmark, remove a benchmark or discard changes.

 All the benchmarks that you have created and saved will be included in the final model, and you will be able to determine the weight of each one.