An essential part of your ESG and sustainability strategy

Materiality assessments provide organisations with valuable insights into the ESG aspects that are most significant to their business, allowing them to make informed decisions, manage risks and enhance overall sustainability performance.

At Speeki, we believe there are two parts to a materiality assessment.

• Material areas on which to focus
  The first stage of a materiality assessment is considering the level of importance of each risk area based on highest risk and significance to your business and its stakeholders, and then prioritising the material risks.
  
  
• Status and goals
  The second stage of the materiality assessment is to assess your management of these risks today, and your goals for the future. For some areas that you identified as material, you may already have very good systems in place to manage the gross risk, and the residual risk is minimal. For others, they may remain as higher gross and residual risks.

In our paper, we follow each of the Speeki Engage framework stages that apply to a materiality assessment to help you conduct your assessment.