
Explore materiality to identify and prioritize sustainability issues, communicate with stakeholders, and apply a 12-step process to design sector-based assessments and double materiality.
Learn to conduct a materiality assessment in seven steps, from identifying internal and external stakeholders to designing surveys, analyzing insights, and turning findings into ESG strategy and reporting.
Identify stakeholders, build a stakeholder map to assess impact and influence, and engage them to set internal and external prioritization of material issues across sustainability pillars, integrating into strategy.
Design a materiality assessment survey by listing material issues, consulting stakeholders, and benchmarking peers against international standards. Structure a stakeholder-focused questionnaire that rates relevance and company influence.
Analyze survey data to calculate materiality thresholds, map material issues on a stakeholder and company chart, and identify major, significant, moderate, and negligible ESG topics.
Explore sector based materiality assessments that tailor ESG materiality to your industry using SASB and MSCI frameworks, mapping environmental, social, and governance issues to industry material risks and value creation.
Explore double materiality within ESG materiality assessment, showing how environmental, social, and governance factors affect assets, production, and supply chains, while highlighting stakeholder engagement and transparency.
To make good decisions and actions, an organization and its stakeholders need to understand the issues that are important to the organization's sustainability performance. However, in order to determine what is important, a process for assessing materiality is essential. The purpose of this assessment is to ensure that complete and balanced information is captured and analyzed.
In this course, participants will get a thorough understanding of the benefits and applications of the materiality assessment and how it helps not only organizations but also all relevant internal and external stakeholders. We will also dive into the designing steps of materiality assessment survey, stakeholder identification process, designing assessment survey, evaluation and interpretation of survey results with materiality matrix, we will also learn about how to form industry specific materiality assessments to create a meaningful and effective process. We will shortly also talk about double materially which is another topic rising in the literature currently.
This course has 6 learning objectives:
• Understanding the concept of materiality in ESG Management
• Identifying the appropriate stakeholders and ways to engage
• Knowledge to conduct Materiality Assessment and how to create Materiality Map
• Gaining a deeper understanding of interpreting the survey results
• Selecting sectoral assessment criteria frameworks that are most suitable for your business' materiality issues
• Gaining knowledge on double materiality
By the end of this course; You will gain the necessary knowledge and skills to create your own materiality assessment journey and integrate it into your organizations’ business and non-business operations.