Report January 2025 Table of contents 1Introduction to the report3 2The SDG2000 2.1How the SDG2000 are selected42.1.1From transformations to industries42.1.2From industries to keystone companies4 2.2SDG2000 footprint6 3The Sustainable Development Goals and the SDG2000 3.1Integrating the SDGs into WBA methodologies83.2Integrating the SDGs into company selection criteria103.3Corporate action and the SDGs12 4Featured highlights14 4.1Women on boards144.2Supply chain of apparel and footwear companies194.3The spread of branded plastic234.4Digital's insatiable electricity appetite264.5Lobbying expenditures in the European Union304.6The geography of banks33 End notes 40 About the World Benchmarking Alliance45 1Introduction to the report The privatesectorholds a fundamental responsibilityin advancing the Sustainable DevelopmentGoals (SDGs).The World Benchmarking Alliance (WBA) develops transformative benchmarksthatassesscompanies’impacts and efforts andranksthemon their contributions to the SDGs.WBAbenchmarks focus on the world’s 2,000 most influential companieswiththe greatest potentialtopositively and negatively impact the systems in which they operate. Theaim of this report isthreefold. First, it illustrates why these2,000influentialcompanies–theSDG2000–are critical for achieving the SDGs.Second, itdemonstrates the breadth of the SDG2000andtheirimpact on peopleandtheplanet. Highlighting the substantial footprints of these companiesprovides essential context for WBA benchmarks and focuses attention on corporate accountability foraccelerating sustainable development. This is particularly timely given the recent adoption of theUnited Nation'sPact for the Futurecalling on‘the private sector, especially large corporations, tocontribute to sustainability and protecting our planet and the achievement of the 2030 Agenda andthe Sustainable Development Goals.’1 Third, the report addresses challenges companies face in understanding and quantifying theircontributions to the SDGs.2Numerous examples are provided about what the SDGs are, whichindustries impact specific SDGs and how companies incorporate the SDGs in their sustainabilityreporting. System transformationsare essential for achieving the SDGs. The second chapter of the reportintroduces WBA’s seven system transformations and why these are critical.It describes the linkbetween the seven transformations, industries and the selection of the SDG2000 companies using the‘keystone’ methodology. Transformation assessment methodologies and company footprint metrics are mapped to the SDGs inthe third chapter. The chapter also highlights how companies perceive the SDGs and integrate theminto their environmental, social and governance strategies. The fourth chapter features highlights from six areas: women on company boards, apparel andfootwear industry supply chain, the spread of branded plastics, climate impact of digital companies,lobbying in the European Union and the geography of banks. These highlighted areas showcase thediverse impact of the SDG2000 companies, illustrating their footprint and influence on people, theplanet and policy, and on achieving the SDGs. The final chapter concludes the reportbyoutlining the ways forwardto deepen knowledge aroundthescope of the SDG2000 and its economic, environmental, and social impact on sustainabledevelopment. 2The SDG2000 2.1Howthe SDG2000 are selected WBA has identified seven system transformationsnecessary to put our society, economy and planeton amore sustainable path and ultimately achieve the SDGs (Figure2.1).3These transformations arebased on extensive research as well as detailed feedback fromstakeholders.4,5 Between July 2019 and January 2020, WBA beganidentifying companies thatcould act ascatalysts forchange and whose actions are vital for wider,systemic transformation.This list of the world’s mostinfluential companiesthat play a key role inachievingthe SDGs–referred to as the SDG2000–was first published inJanuary 2020 and is updatedannually.6Changes to the list reflectrevisedmethodologies, refined benchmark scopes,updatesinkeystone metrics,such as revenue, and corporaterestructuring (e.g.mergers, acquisitions andbankruptcies). 2.1.1From transformations toindustries The starting point for each of the seven systemtransformations was to identify the most relevant industries that impact thesetransformations.Identification of industrieswas informed by scientificresearch, UN reports, government reports, industry publications and research by civil societyorganisations. WBAparticularly focuseson theinfluencethat specific industries have on shapingthetransformations. The influence of industries can be positive, where the industry enables or acceleratesthe transformation; negative, where the industry hampers or negatively influences the transformation;ora combination ofboth. Industries can be linked to multiple transformations. For example, companies producingagriculturalproductsplay a criticalrole in