In a recent blog post, we outlined four simple steps to a materiality assessment that you should consider when developing a corporate social responsibility (CSR) or sustainability program.
Now that you’ve identified your internal and external stakeholders and defined the key indicators you plan to measure, the next step is to outline a stakeholder engagement strategy.
Below we listed four steps to consider before engaging stakeholders in your sustainability reporting process:
1. Engage Stakeholders Early
Stakeholder inclusiveness should be an essential part of your sustainability reporting process. According to GRI, “the reporting organization should identify its stakeholders and explain in the report how it has responded to their reasonable expectations and interests.” Involving your stakeholders early in your sustainability reporting process will give your organization an opportunity to understand their proprieties and emerging concerns, while discovering opportunities to address issues before they become a serious threat to your organization’s … Read more...
