"Benchmark" has a specific meaning in UK English. Benchmarks are various marks made by the Ordnance Survey (the government agency responsible for providing mapping and other survey information) to record height.
Here is a benchmark cut into a stone wall. The benchmark is the horizontal line and indicates height above sea level.
I understand that in US English, benchmarking is a sport in which individuals or teams of participants go out and find benchmarks (also known as geodetic control points).