ESG MATERIALITY ASSESSMENT

An ESG Materiality Assessment is a tool used to identify and prioritise Impacts that are most relevant to your organisation. It is also the first step in understanding double materiality. 

What is both important to your stakeholders and relevant to your organisational financial success, internally and externally? The assessment also acts as an important exercise in stakeholder engagement as the process ensures feedback from a wide range of stakeholders is taken into consideration.  

The first step in the assessment involves identifying organisational Impacts, which can be positive or negative, actual or potential, intended or unintended, as well as internal or external. The significance of each Impact is assessed by your stakeholder groups an plotted on to a matrix. 

After the assessment you will know where to begin and what impacts are most material for your organisation. An ESG Materiality Assessment forms an informed and smart foundation to your sustainability strategy.