Using the Envizi ESG Suite materiality framework

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Envizi ESG Suite includes a managed framework called Materiality topics, which helps companies document and score ESG topics based on their materiality to the company. The Materiality topics framework aligns with ESRS topics, subtopics, and sub-sub-topics. Each Materiality topic is linked to questions in other reporting frameworks, such as ESRS. Therefore, you can review the documented outcome of the materiality assessment when you create disclosures for other reporting frameworks.

About this task

Note: Topical questions in materiality frameworks represent ESG themes, which can be assessed for materiality. When scored, these results can influence disclosure questions in other reporting frameworks. When thresholds are defined, topics that meet or exceed these thresholds are automatically marked as material, and any disclosure questions that are mapped to these topics are recommended as material when you add to a new disclosure.

To use the Envizi ESG Suite materiality framework, you must create a disclosure and add questions from the Materiality topics framework. Assigned users can then review these questions, document their assessment, and score the materiality of each topic.

Watch this video to understand what the materiality framework is, how it differs from other frameworks in Sustainability Reporting Manager, and the advantages of using it.

Procedure

  1. Create a disclosure. See Creating a disclosure.
  2. Add topical questions from the Materiality Topics framework. See Adding questions to a disclosure and Assigning questions.
  3. Assigned users review the topical questions by using the available guidance to determine their materiality.
  4. Document your materiality assessment in the Response field.
  5. Score the topical question based on its impact materiality or financial materiality. See Documenting double materiality.
  6. Optional: In the right panel, you can view the related questions for your topical question. This panel displays all the disclosure questions that are tagged as material when they are added to a disclosure.

Results

By following these steps, you can effectively use the Envizi ESG Suite Materiality Framework to document and score ESG topics to help ensure comprehensive and accurate disclosures.