In 2020, we conducted a refresh of the 2019 Materiality Assessment, in which we sought to confirm the continued relevance of the existing Material Topics and their relative positioning within the materiality matrix visuals for the company as a whole and broken out by region. The refresh and review process can be described in three steps:
Research sets out benefits of robust sustainability reporting, alongside financial disclosure
A white paper commissioned by GRI investigates the application of materiality in sustainability reporting – highlighting why disclosing impacts that go beyond those that are financially material benefits organizations while supporting sustainable development.
This past year of social and environment pressures (Covid-19, racism inequity, climate change, global risks) has created a new wave of demand for ESG data and insight. A growing number of corporates, professional firms and financial asset owners and managers are interested in ESG.
Public comment period begins for updated Universal Standards
June 11, 2020 /3BL Media/ - Changes to improve how organizations use the GRI Standards to disclose their impacts on the economy, environment and people have been made available for global consultation.
by Julie Gorte, Senior Vice President for Sustainable Investing, Impax Asset Management LLC and Pax World Funds
Climate change is a story that encompasses everyone — believer, denier, rich, poor, black, brown, white, majority, minority, male or female. It’s an equal opportunity wolf at the door. But, as is the case with diversity in almost every pursuit, more diverse groups bring more to the table, and considering that climate change is the most important problem humans must solve, diversity has a contribution to make to climate change.
by Jessye Waxman, Green Century Capital Management
As a shareholder advocate for an environmentally-responsible mutual fund company, I directly engage companies on their supply chain strategies and have successfully convinced them to adopt practices that have real-world impacts that protect a triple bottom line. I’ve collaborated with Aramark and Tyson Foods to develop robust no-deforestation commitments, and have successfully pressed Kroger, the largest grocery chain in the US, to adopt a no-deforestation policy that will cover its private label products.
Materiality assessments are formal exercises aimed at engaging stakeholders to find out how important specific environmental, social and governance issues are to them. The insights gained can then be used to guide strategy and help you tell a more meaningful sustainability story.