For companies wanting to begin their sustainability journey but unsure where to start, consider beginning with a materiality assessment. A materiality assessment is a strategic tool used by companies to identify and prioritize issues that are most significant to their business and stakeholders.
This process involves surveys and interviews to gather insights from various internal and external stakeholders to determine the impact and importance of specific environmental, social, and governance (ESG) topics. This helps companies focus resources and efforts and clarifies the sustainability reporting process.
What to learn more about the ESG reporting process? Check out the 7-Step ESG Reporting Process.