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Diagnostic and Double Materiality Assessment

Workshops and Training

Diagnostic and Double Materiality Assessment


Provided by: Sustainable Business Alliance


Description

This comprehensive two-part session is aimed at guiding businesses through the process of identifying and prioritising their key Environmental, Social, and Governance (ESG) drivers, goals, and the barriers to achieving these goals. It begins with setting session aims and objectives, such as understanding ESG ratings, identifying risks and opportunities, and creating a stakeholder engagement plan. The workshop covers a variety of topics including ESG assessment results, current and upcoming legislation, and prioritizing ESG topics using the concept of double materiality. It also includes exercises for assessing ESG impacts on the business, stakeholder engagement strategies, and next steps for integrating findings into business strategies.

The second part focuses on analysing stakeholder survey results, conducting an impacts on the business workshop, and creating a materiality matrix to understand priorities.


What's Included

  • Two 1 hour workshops
  • Can be held in-person at your premises or online
  • Benchmark report on key industry priorities
  • Diagnostic assessment to identify ESG gaps
  • Evaluation of current and upcoming legislation
  • Stakeholder engagement plan
  • Online survey to determine key stakeholder priorities
  • Business Risks and Rewards assessment
  • Double Materiality report

From £500

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Materiality Matrix Tool

Tools and Resources

Materiality Matrix Tool


Provided by: Sustainable Business Alliance


Description

Download our double materiality matrix tool to identify the sustainability topics that are most relevant and important to your organisation.

This tool is designed for organisations to identify and assess the significance of various environmental, social, and governance (ESG) issues from both a financial impact perspective (financial materiality) and their impact on society and the environment (impact materiality). This dual approach ensures a comprehensive understanding of materiality, helping organisations prioritise ESG issues that are most significant to their business and stakeholders. The matrix facilitates strategic planning, risk management, and reporting by visualizing the relative importance of different ESG factors, promoting transparency and accountability in sustainable business practices.

If you are looking for help in calculating scores that represent how important topics are to stakeholders and their impact on your business, you can sign up for our full diagnostic and materiality assessment.


What's Included

  • Double Materiality Matrix Tool
  • Microsoft Excel based
  • Rate key ESG topics according to their impact on the business and their importance to stakeholders
  • Generates a double materiality matrix based on ratings you provide
  • Highlights the most material topics for your organisation

Pricing Policy

We charge a nominal fee for some of our tools and templates so that we can cover development and maintenance costs. All our tools are also available for free as part of the Business Towards Sustainability Programme.


FREE

Double Materiality Matrix Tool

Guidance and Technical Support

For help using any of our tools or templates please click here to get in touch.

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