3.3 Benefits

Standardization offers multifaceted advantages. For industries, it enables benchmarking successes in Indigenous employment and identifying improvement areas. For investors, it facilitates socially responsible investment decisions. Crucially, for Indigenous communities, standardization bolsters local employment opportunities, skill development, and economic self-sufficiency. It also enhances cultural continuity and community well-being, ensuring employment metrics reflect comprehensive community benefits, thereby enabling a holistic assessment of industry contributions to Indigenous prosperity.