Materiality assessment
Together with our experts, you will identify material impacts, risks, and opportunities in the area of sustainability — a solid foundation for effective ESG management and the preparation of a sustainability report.
The double materiality assessment is the first key step in the process of implementing sustainability in an organization.
The purpose of the study is to identify material ESG (environmental, social, and governance) impacts, risks, and opportunities that are most important from the perspective of the company and its stakeholders.
We conduct the survey in accordance with our proprietary MAX5 (Materiality Assessment Matrix) methodology. This is already the fifth edition of the methodology, which we have been refining for many years, adapted to ESRS standards and EFRAG guidelines.
During the research, we also use our own database, which is constantly updated and contains thousands of impacts, risks, and opportunities identified as material by hundreds of companies from many sectors of the economy.
If your company has already conducted a materiality assessment, we will help you update it by adapting our work to your methodology or implementing elements of the MAX5 methodology.
How will we work together?
Preliminary analysis of the company
At this stage, we gain an in-depth understanding of the business model, the company's strategy, and the markets in which it operates. We also analyze its sustainability-related activities taken to date. The result of this work is the development of a value chain model for the company.
Peer group analysis
In the next step, we identify the impacts, risks, and opportunities for comparable companies in a given industry and value chain. In doing so, we take into account the specific characteristics of the sector and the market environment.
Workshops and interviews
This is a key element of the process. At this stage, company employees, internal experts and external stakeholders assess the significance of impacts, risks, and opportunities. The workshops also serve an educational purpose — participants gain knowledge about ESG and a new perspective on the organization's activities.
Results: summary workshop
The project ends with a summary workshop, during which we establish a final list of material impacts, risks, and opportunities (IRO). The company receives a report containing a list of significant IROs, a value chain model, a list of disclosure requirements, and recommendations for sustainable development management.
Results of cooperation
The result of the materiality assessment is a structured and documented set of sustainability matters that the company should actively manage. It provides a ready-made basis for developing an ESG strategy and the necessary material for preparing a sustainability report in line with ESRS.
What distinguishes our materiality assessment?
completed materiality assessments and their updates
experience in conducting assessments in accordance with the principle of double materiality
reports analyzed annually when updating the database of impacts, risks, and opportunities
interviews with external stakeholders conducted each year
More information on materiality assessment
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