Materiality Assessment by Anthesis PDF

Anthesis materiality assessments
We help our clients bring sustainability risks and The Anthesis approach
opportunities into the mainstream of their business strategy
and reassure their key stakeholders that they are addressing We have carried out materiality assessments for over 40
the right environmental, social and governance topics that organizations worldwide, from some of the world’s largest
could impact their business. corporations to companies taking their first steps in
sustainability. Our approach has four key features:
Get more value from your Tailored to your needs

materiality assessment Every organization faces different pressures and opportunities.
We develop an evidence base, method and engagement
Materiality assessments should inform more than your process tailored to your needs and the decisions you want to
sustainability report. Done well, materiality plays a critical role inform.
in risk mitigation and provides an effective and rigorous
methodology to identify and assess the potential impacts of Balancing opinion with evidence
emerging issues on your business. Materiality helps you: While soliciting opinions of your key stakeholders is critical, we
• Integrate environmental, social and governance (ESG) risks find ways to bring a measure of objectivity – whether that is
and opportunities into the commercial strategy through footprinting data, risk assessment results or other
evidence-based research - to your exercise to ensure you are
• Respond to interest and pressure from stakeholders, focusing in on what matters most.
including customers and investors.
Using the power of data visualization
• Meet demand for greater transparency on material ESG
risks. We use interactive dashboards to enable easy and effective
analysis of materiality survey outcomes with our clients, who
• Maximize return on investment by focusing on the most in turn use these dashboards to present outcomes to their
strategic and impactful issues, including those that mitigate leadership teams in a professional and engaging way.
risk, reduce cost, improve market differentiation and
enhance brand value. Aligning with existing processes
• Meet the requirements of standards and indices, including We collaborate with your enterprise risk and strategic planning
GRI, SASB, CDP and DJSI, and make a meaningful teams to align with their processes, to identify opportunities,
connection between your priorities and the global agenda of and to ensure sustainability risk makes it into the company’s
the UN Sustainable Development Goals. mainstream management process.
Anthesis materiality assessments
Visualizing materiality assessments with interactive dashboards
Figure 1: Interactive dashboards help stakeholders and colleagues engage in the evidence and results of materiality assessment. The dashboards allows clients to filter results by region, business
unit, stakeholder group, topic type, or any other number of factors.
Global chemical
Anthesis materiality
management
assessments
and compliance throughout supply chains
About Anthesis
The drivers for materiality Anthesis is a global sustainability services and solutions
assessments are growing. provider. We believe that commercial success and
sustainability go hand in hand. We develop financially-driven
Do you understand changing stakeholder expectations sustainability strategies, underpinned by technical expertise
of how you identify, assess, manage and report on the and delivered by innovative collaborative teams across the
increasingly significant ESG risks facing your world.
business?
We combine the reach of big professional services groups with
Do you know what ESG risks your company should be the deep expertise of boutiques, bringing together expertise
managing and mitigating in the short and medium from countries around the world. We have offices in the U.S.,
term? And does your Leadership Team / Board share Canada, the UK, Ireland, Germany, Sweden, Finland, China, the
this understanding? Philippines and the Middle East.
Can you point to examples where you’ve used the
outcomes of a materiality assessment to inform a
strategic initiative within your business?
For further information, contact:
Jennifer Clipsham
A typical assessment process Associate Director and Practice Lead, North America
[email protected]
There is no single prescribed approach to materiality
assessment. Some companies devote significant resources Ben Tuxworth
engaging hundreds of stakeholders and commissioning new
Associate Director, Europe
research. Others simply review existing research in a desk-
[email protected]
based assessment. Your process should balance meeting the
expectations of stakeholders with your organisation’s priorities
- and will probably include some or all of the below steps.
Prior Planning Data & Research Engagement Analysis & Validation Reporting & Integration
Confirm the approach, Review your prior Design the survey and Create interactive Summarize the
timeline and deliverables materiality assessments interview guides dashboards to analyze assessments approach
Agree to the evidence to Refine and validate a list Conduct interviews or and present the results and outcome for reporting
generate or review - of relevant topics focus groups with key Apply thresholds to Provide guidance on how it
research, surveys, etc. through peer review, stakeholders determines risks and should inform fiinancial and
Discuss ERM criteria, sector standards, etc. Administer an online opportunities ESG reporting
sustainability guidelines, Conduct a science-based survey for other Map priority topics areas Support implementation of
standards and indices review of evidence stakeholders to UN SDGs practises to close key gaps

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What are the key steps in a typical materiality assessment process?

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Anthesis materiality assessments

Get more value from your Tailored to your needs

Visualizing materiality assessments with interactive dashboards

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