Four Reasons Why Senior Leaders Should Care about ESG Materiality

Here are four reasons that will convince even the most skeptical of business leaders on why running an ESG materiality assessment is now more important than ever before. 
If you are finding it difficult to win the attention of your company’s board members and senior leaders over ESG materiality, here are four reasons that will convince even the most skeptical of business leaders on why running a materiality assessment is now more important than ever before. 

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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