- Assistance in Understanding Sustainability "Materiality" - Coaching, Training
- Various Innovative Tools & Approaches for Stakeholder Engagement on ESG Issues
- Stakeholder and ESG Issues Prioritization and Weighting
- Customized Research on Sector, Competitor, Stakeholders and Important Third Party Experts
- Constructing a Visual Materiality Matrix to Guide Reporting, Stakeholders & Management
- Enabling Strategic Focus on Sustainability Issues That Really Matter to the Business, Investors and Other Stakeholders
- Helping to Make the Business & Investor Case for Sustainability
More on Materiality Assessments
"Materiality" of ESG issues may be said to be "in the eye of the beholder" when it comes to sustainability, responsibility, ethical, and citizenship initiatives, disclosure and reporting. Not all ESG issues are relevant to all organizations, and understanding the material sustainability issues for your particular organization is critical to having a successful and strategic program.
While financial reporting is well regulated and well understood inside the enterprise, there are many variables in the reporting of non-financial and "intangible" aspects of the corporation. The G&A Institute team assists corporate managements in the examination and determination of data & information for public disclosure and inclusion in external reporting (such as GRI G4 compliant sustainability reports, 10K disclosures, SASB, and more).
Materiality is an important cornerstone of an effective corporate sustainability process -- and a key characteristic of the GRI G4 disclosure framework. Determining the materiality of sustainability issues is a vital step in identifying risks and available opportunities to be addressed by the company. With the new GRI G4 Guidelines (the fourth generation of the global framework), materiality assumes a much greater importance for corporate reporters.
Defining materiality helps managers to develop, structure and concentrate the company's sustainability focus, strategies, tactics, training, team-building, and resources in ways that maximizes return.
Materiality can be said to be in the eye of the beholder. What is important to the individual stakeholder or group of stakeholders may vary from the company's internal view of materiality regarding issues that matter to each party. Without an effective materiality process (and mapping) companies can waste time, effort, human resources and financial investment on issues that will provide little or no benefit in sustainability and responsibility reporting -- or may even serve to further cloud and confuse the company's stakeholders and shareholders.
Beyond enabling focused sustainability reporting, the G&A guided materiality analysis will provide such benefits as enhanced issue management; operational excellence; much improved relations with investors and key stakeholders; greater collaboration with external parties; and, more effective deployment of human, financial and natural resources.
Companies committed to position themselves as recognized leaders in sustainability require the materiality determination process to be thorough, accurate, and effective to implement their Sustainability program.
Through G&A Institute’s analysis we examine the operations of the client and the related external perceptions held by stakeholders to identify material GRI G4 Aspects and other E, S, and G issues that are relevant to the company. The identification and analysis of these aspects and issues are important to help management
- Aligning the sustainability program with important stakeholder concerns.
- Prioritizing issues to be addressed for further focus and investment.
- Selecting the GRI G4 Indicators to include in disclosure and structured reporting.
- Enabling discussion for future internal strategy development and goal setting.
- Identifying important gaps in information and data collection systems.
- Strengthening relationships with important stakeholders.
- Increasing the ROI of the company's sustainability program.
- Making the business and investor case for sustainability