Four Sustainability Strategies

There are two perspectives on the relationship between business and global development – risk and impact – and two lenses on business sustainability results – ESG and EES. Four strategies result: risk management, resilience management, impact driver management and impact management. Best practice is to use them all, applying double materiality, to maximise all-round sustainability.…

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Business Sustainability Effects

Businesses create effects: inputs, outputs, outcomes and impacts. ESG management is a business sustainability approach focused on improving input, output and outcome metrics, eg energy efficiency and diversity of talent. Impact management is an approach focused on creating positive impacts in society and the environment where needed, to make an effective contribution to sustainable development.…

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Materiality

Materiality is a concept with many definitions used in both finance and sustainability practices. A sustainability materiality assessment is the process of identifying material topics by their significance to stakeholders impacted by the business and/or the pre financial risk they pose to investors. Material topics influence goal setting, risk assessment and many other strategic matters.…

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