Understanding the issues that are most important to a business and its external stakeholders is a key step in creating an impactful sustainability strategy. Our two stage materiality approach begins with an evaluation of business objectives and impacts. Unlike traditional materiality assessments that rely primarily on stakeholder perceptions to drive analysis, we integrate technical data, science, and industry benchmarks to create a fact based view of sustainability risks and opportunities for our clients.
We then engage and integrate the feedback of internal company leaders and key external stakeholders into our assessment. The result is a prioritization of issues that balances fact based impacts with legitimate stakeholder perceptions. This dual approach helps companies make the business case for allocating resources towards high impact issues that drive business success and address stakeholder concerns.