🌍 Understanding Double Materiality: A Holistic Approach to Sustainable Business 🌍
In today’s landscape, organizations are increasingly expected to consider both internal and external factors that impact their sustainability journey. Double Materiality takes this a step further by integrating insights from a diverse range of stakeholders.
🔹 Internal Stakeholders such as employees, the board, management, and sustainability teams play a critical role in driving sustainable practices from within.
🔹 Meanwhile, External Stakeholders—including investors, customers, suppliers, communities, regulators, and industry associations—bring invaluable perspectives that help organizations understand the broader environmental and societal impacts.
By embracing Double Materiality, companies can make more informed decisions, meet regulatory expectations, and contribute positively to society and the environment.
At #IRISCarbon, we are committed to empowering organizations on their journey toward transparent and impactful sustainability reporting.
#Sustainability #DoubleMateriality #StakeholderEngagement #SustainableBusiness #ESG
Founder & Principal - Evrsphere | Connecting People, Place, & Performance
10moJenna Turner, it's been delightful collaborating with you and your team at Green Success Stories. Our team at Evrsphere sincerely appreciates the acknowledgment and are excited to showcase our endeavors to the world!