A Materiality assessment, when conducted as a strategic process, across key operational areas of the company (sustainability, legal, strategy, risk) and not as an isolated exercise, has proven to produce a number of positive outcomes. 

For instance, a clear assessment of material issues followed by transparent reporting, shows an improvement in a company’s performance while reducing its exposure to different risks – including reputational, financial and legal. Moreover, a credible and detailed explanation of materiality has been determined as a fundamental requirement to attract investors, and a meaningful argument to get the board and executives buy-in. 

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