We know where we need to go, but not all the details of how to get there. It’s still important to make plans, plot a course and try to stay true to it. The materiality analysis is our way of doing that.
The results of the materiality analysis must be compiled in a manner that demonstrates what is significant both to the company and its stakeholders. In order to determine the company’s material risks and opportunities, the different topics identified should be assessed along two dimensions: “Significance to the company’s stakeholders” and “Significance for the company’s economic, social and environmental impacts”.