In order for an organization to carry out sustainability management effectively, it is first important to conduct a materiality assessment. With the help of a materiality assessment, a company can determine which environmental and sustainability aspects are particularly relevant, i.e. material, for its own company. The materiality assessment enables companies to identify their relevant topics and thus derive targeted improvement measures. The UN's Sustainable Development Goals (SDGs) or the "Materiality Assessment" from the Global Reporting Initiative (GRI) standards can be used as a guide to understand which sustainability aspects are generally present. Here are some steps you can take in doing so:
It is important to regularly review and adjust your key action items to ensure they meet your strategic goals and stakeholder requirements.