Work with stakeholders to identify key sustainability issues for your organisation. Alongside desktop research, collect input from internal and external parties, including employees, customers, investors, and community representatives to create a preliminary list of potential material topics. Next, analyse the potential impact of these on your organisation and its stakeholders, considering both the significance of the impact and the organisation's influence on the issue. Refine the list based on this analysis to focus on the most relevant and impactful. Finally, validate and prioritise these issues through further stakeholder engagement and internal review.
Your approach will differ depending on whether compliance is voluntary or mandatory for you. If it is, there are more steps to meet the regulatory requirements.
Learn about the benefits of a materiality assessment