MATERIALITY ANALYSIS

The challenge

After the first experiences with sustainability plenty of companies realize that:

• the needs and requirements of important stakeholders are not clear

• reporting according to recognised sustainability reporting standards set up by the GRI (Global Reporting Initiative) is expected by stakeholders; therefore, a materiality analysis is required

• internal and external priorities in regards to sustainability are not clearly defined

• you require objective results which should not be influenced by an internal company perspective

 

Benefits of conducting a materiality analysis

Conducting a materiality analysis:

• creates clarity about the priorities in regards to sustainability which makes it an essential element of a substantiated sustainability strategy

• helps stakeholders to recognize where to set their sustainability priorities

• strengthens credibility and reputation of your company because it shows that your company deals with sustainability substantially

• Sets the basis for creating goals, measures and key performance indicators

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Our services in creating a materiality analysis

Our team of sustainability experts:

• supports you using an internationally accepted process for managing your stakeholder groups (AA 1000 SES)

• working together with you to create a realistic stakeholder mapping

• develops the conceptual basis for either qualitative or quantitative internal and external stakeholder surveys

• either supports you to conduct internal and external stakeholder interviews or carries them out

• creates online survey tools to carry out internal and external interviews

• evaluates the survey results using their own tools and creates a materiality matrix