A materiality assessment will help you identify ESG related issues, build awareness for risk mitigation and improve resource allocation. Engaging with your key stakeholders is another important aspect of the process.
How this service will help you to achieve your ESG goals:
Materiality assessments require preparation since they are specific to your corporation. Looking at materiality topics that are typical for an industry is a good starting point. But there is more than just that. Material issues may also stem from your location and other factors that are unique to your corporation. Taking all these factors into account is part of the preparation process.
The next step is identifying and engaging with your stakeholders. What is the perspective and perception of your stakeholders on ESG topics? What do they consider as relevant or significant, and how important are the topics to them? One way to represent the results is as a matrix. You can use this as an opportunity to discuss the results with the stakeholders involved in the process.
All this opens up new perspectives on ESG related issues, but also opportunities. It is about identifying the core issues, defining goals and objectives, and embedding them in a long-term strategy or further developing existing approaches.
The key result of a materiality assessment is a clear representation of ESG related issues: Prioritized according to their importance to your companies ability to create long-term value and prioritized by the perceived importance of your stakeholders.
A key benefit is to gain insights into hidden ESG related issues and opportunities. Furthermore, you can derive actionable goals and objectives from the process to develop, adjust or update your business strategy.
We provide briefings and information to board members and senior executives - strategic insights delivered.
How can you communicate your ESG achievements to a broad range of audiences?
Interact to foster a common understanding, build trust and explore new ways to master challenges together.
We help you to develop actionable goals and objectives based on the assessments. Align your company to short-, medium-term and strategic objectives and goals.
A materiality assessment will focus on the social, environmental and governance topics that have an impact on your company and the stakeholders involved.
Clear and relevant information compiled with the needs of various stakeholder groups in mind is key when it comes to successful internal and external communication.
What is your ESG performance compared to your peers? Where do you already outperform others and what are the topics that might need more attention? Our peer assessment offers insights into your ESG performance and helps you to identify relevant development goals.
It is easy to understand that implementing ESG performance indicators right from the start can boost your business. When defining business strategy and processes, it is way easier to align them to ESG related goals than doing it the opposite way.
Projects are a great way to create acceptance and foster the identification of your employees with company-wide ESG goals. We help to develop and deploy projects that add value to your company.
How does your overall performance on ESG and CSR match those provided by ESG rating services or agencies? What can you do to enhance these ratings? We help you to identify intervention points to arrive at better ratings.
Exert the UN Sustainable Development Goals (SDGs) to gain additional leverage on your ESG objectives and goals.