It's not uncommon for companies to use materiality assessments to set their ESG plans. But are they as effective as they should be?
Let’s start with materiality assessments’ ubiquity. A materiality assessment helps a company “understand the [ESG] issues that matter most to [its] internal and external stakeholders; […] and how they translate today and in the future into associated risks and opportunities for [the] company.” (Thank you, Novartis, by the way, for that clear and concise definition.)
