Prioritize the most relevant topics and impacts.
Every business is unique, which is why materiality assessment is so valuable in focusing on the economic, environmental and social impacts that are most significant to your company.
Fully compliant with the principles within GRI Standards Sustainability Reporting Guidelines, the materiality assessment includes broad consideration of societal trends as defined by the Sector Disclosures and the Sustainability Accounting Standards Board (SASB).
Identify the issues that may have a material impact on revenues, brand reputation, operational efficiency and compliance and make better decisions toward a greater return on investment.
Use the opportunity to proactively respond to stakeholder concerns and align your activities with stakeholder needs and expectations.
By identifying the most significant environmental, social, economic and governance issues, you will be able to leverage additional value from sustainability in your organization and products.
Reduce the management overhead by focusing on key issues only – eliminate the time, effort and cost spent on reporting and collecting irrelevant data.
The materiality assessment produces meaningful results that enhance your company’s strategic planning, risk management and operational planning processes.
A more focused approach enables you to produce more relevant reports that will be read and understood by more people, driving greater clarity about your activities internally and externally.
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Sphera is the leading provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services with a focus on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship.
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