Materiality Matrix
Materiality, Double Materiality and the Materiality Matrix.
The materiality matrix helps companies identify what really matters to the organization and its stakeholders. By understanding which topics are most relevant, your company can focus its efforts and resources on what makes a difference, both in achieving its goals and in meeting stakeholder expectations.
Maintaining a constant dialogue with these audiences is essential to ensure that their concerns and expectations are taken into account. Double materiality is an important concept here, as it considers both the impacts that your company may suffer and the impacts it may cause on society and the environment.
Stages of the Materiality Matrix
- Identify what is important to the company: Raise issues that are internal priorities.
- Listen to stakeholders: Understand what is priority for your stakeholders.
- Prioritize issues: Compare and organize them according to relevance.
- Create the Materiality Matrix: Integrate internal and external perspectives into a clear matrix.
- Validate and communicate: Validate results with leadership and communicate priority issues clearly to all stakeholders.
This approach ensures that the company not only achieves its goals, but also has a positive and sustainable impact on the world around it.
Customized solutions in Materiality Matrix, Integrated Reporting, Quality Management Systems and GHG Emissions Inventory.
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