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At the start of your journey, it’s important to perform a materiality assessment. This is the backbone of your sustainability strategy. In plain terms, a materiality assessment takes stock of where companies can best impact or influence the sustainability agendas that matter most.
How does it work?
Having a third party help with your materiality assessment can lend credibility to your reporting and certifications. We’ll work with you to create a sustainability strategy that will make your employees eager to join in. And we’ll help you set goals that matter, measure metrics over time, and make reporting easier.
To begin with, we survey your internal and external stakeholders. Based on the assessment, we identify the relative impact of a range of environmental, social and governance (ESG) issues on the company’s performance, and their viability within the current market framework. Then, we categorise these issues into a hierarchy which can be used to guide strategy and help you provide complete and accurate accounting of your sustainability to investors and stakeholder.
How does an ESG materiality assessment add value?