Beyond the matrix — dual and dynamic materiality

Thank you for your service, materiality matrix

CSR and ESG professionals, prepare to get busy! With increased interest in ESG disclosures coming from the SEC and the EU, ESG reporting is primed to go mainstream. With this renewed interest comes a new focus on materiality because materiality is how we determine what information to report on and what to emphasize. Bid adieu to the matrix of yore. While beloved, it has served its purpose.

The old materiality matrix was static, a moment in time, and we used stakeholder input to inform it, which means, in most cases, it was relying on old information to garner new insights. COVID-19 is the perfect example of why the old ways of doing things are no longer sufficient: Continue reading “Beyond the matrix — dual and dynamic materiality”