Creating custom materiality frameworks
Companies might have unique ESG topics that are not covered by the Materiality topics framework in IBM® ESG Suite. Custom frameworks allow companies to document and score these specific topics.
About this task
You can create a custom materiality framework to address company-specific ESG topics. By specifying the framework type as Materiality and linking questions to other ESG frameworks, companies can ensure their unique materiality assessments are integrated into broader reporting processes.
Procedure
- Create a custom framework. See Creating custom frameworks.
- Specify the framework type as Materiality.
- Add new ESG topics to the framework by adding questions as you would any other custom
framework. When you create custom materiality frameworks, help ensure that each question represents a topic, for example, Climate Change Adaptation, rather than a reporting requirement. These topics act as the foundation for determining materiality. Later, you can map these topics to related questions in reporting frameworks so that their materiality status is automatically determined by how these topics are scored.
- Optional: After you create your Material topic, you can use the Related questions panel to link the disclsoure to other questions in other reporting frameworks.
Results
By creating a custom materiality framework and mapping the questions to other reporting frameworks as a related question, companies can ensure that their unique ESG topics are documented and assessed accurately, and are comprehensively considered when you create disclosures.