Materiality Assessment Services
Materiality Assessment Services
Identify what matters most to your stakeholders and strategy. ECG’s materiality assessments guide ESG priorities and boost reporting clarity.
A Materiality Assessment is the essential foundation for any effective sustainability strategy. It is the process by which an organization identifies and prioritizes the environmental, social, and governance (ESG) topics that are most important to both its stakeholders and its own long-term success. At ECG, we recognize the pivotal role of materiality in guiding your decisions. Our assessments utilize the latest GRI Standards and a double materiality approach compliant with the EU’s CSRD, ensuring a holistic and forward-looking evaluation.
Why is a Materiality Assessment Crucial?
Focus on Stakeholder Priorities: The process helps you understand what truly matters to your investors, customers, employees, and communities, so you can allocate resources effectively.
Guide Your Sustainability Strategy: Insights from the assessment directly inform the development of clear, targeted, and impactful sustainability goals and initiatives.
Proactive Risk & Opportunity Management: By understanding the full spectrum of ESG factors, your organization can proactively manage risks and seize opportunities for innovation and growth.
Support Robust Reporting: A materiality assessment provides the foundation for robust internal and external reporting, enhancing transparency and building trust with stakeholders.
Our Materiality Assessment Process
Our process is tailored to your unique context, leveraging deep expertise and streamlined tools to drive meaningful progress.
- Understand Context & Stakeholders: We begin by gaining a deep understanding of your business operations, industry dynamics, and stakeholder expectations.
- Identify Potential ESG Indicators: We leverage peer benchmarking and reporting frameworks like GRI and SASB to identify a comprehensive list of potential material topics.
- Custom Stakeholder Engagement: Through tailored surveys, interviews, and workshops, we gather valuable insights into stakeholder priorities and concerns.
- Data Gathering & Analysis: We gather and analyze quantitative and qualitative data to assess the relative impacts of identified topics, using both global and regional indicators.
- Final Assessment & Recommendations: We compile the findings into a comprehensive report, often including a double materiality grid, and provide actionable recommendations to guide your strategy.