Stakeholder priorities are perpetually evolving, and it is our responsibility to adhere to such changes.
A materiality assessment is a formal evaluation aimed at engaging stakeholders to measure the importance of specific economic and environmental, social, and governance (ESG) issues most relevant to the organization.
The knowledge and insight gained from the materiality assessment helps develop a sustainability road map, guide efficiency, improve communication, and address stakeholder needs. Identifying issues that affect an organization helps mitigate risk and identify company strategy. By conducting a materiality assessment, JFKIAT is best suited to measure its success in three key areas: profit, people, and the planet.