Event report
Past Event| Materiality Assessment 101: Introduction and Best Practices
Thank you to Ivona Balint-Kowalczyk, Founder of Sustainao, for leading this informative workshop about the Materiality Assessment at the French Chamber of Commerce.
Here are some key learnings:
- Materiality Assessment is one of the fundamental steps for companies to build a sustainability strategy and roadmap.
- There are two main approaches of materiality in the context of sustainability: financial materiality and impact materiality. The combination of two is called ‘double materiality’.
- Companies, especially SMEs, can start with simple steps such as conducting industry benchmarking and engaging internal stakeholders to identify the most relevant ESG issues.
- A comprehensive materiality assessment process is recommended for companies that are more advanced in their sustainability strategy, including surveys and interviews with key stakeholders.
- And keep in mind that the end goal is identifying the ESG issues that have the most significant impact, which will help you better concentrate your sustainability efforts.
This event is kindly sponsored by our Committee Partner ENGIE
This event was kindly sponsored by our series partner ENGIE.
For more information about Sustainable Business Committee, please contact Emily Jiang ejiang(@)fccsingapore.com
