Standard Owner Benchmark - IBO

IBO (Independent Business Owner) is a global, independent certification program that focuses on auditing, inspecting, and certifying businesses based on their sustainable performance in social, economic, and environmental aspects. The aim of IBO is to assist companies in enhancing their sustainable practices in various areas such as energy efficiency, waste reduction, water conservation, and employee health and safety.

IBO collaborates with businesses to provide guidance and support in improving their sustainability performance. By offering valuable insights and recommendations, IBO helps companies align their operations with the highest sustainable standards. Through its certification program, IBO provides independent verification of a company's sustainable performance, showcasing their commitment to responsible business practices.

One of the key aspects of IBO is the IBOESD (Independent Business Owner Environmental and Social Development) Standard. This standard serves as a comprehensive framework for businesses to address their impacts on people, the planet, and prosperity. It covers a wide range of topics including human rights, labor practices, environmental management, product stewardship, supply chain management, and community engagement.

The development of the IBOESD Standard follows a rigorous, innovative, and multi-stakeholder process. It is grounded in principles related to human rights, labor, and the environment, incorporating the latest scientific evidence and best practices from around the world. The IBOESD Standard is designed to be applicable to businesses of all sizes and sectors, promoting a holistic approach to sustainability.

It's important to note that the participation in the IBOESD Standard is voluntary. Businesses can choose to undergo the certification process to assess their sustainability performance, set improvement goals, and communicate their progress to key stakeholders. By aligning their practices with the IBOESD Standard, companies demonstrate their commitment to sustainable development and responsible business conduct.

Overall, IBO plays a vital role in promoting and recognizing businesses that prioritize sustainability and responsible practices, contributing to a more sustainable and prosperous future for all.