Webinar: Does financial materiality reflect risk and impact?

Impact vs. materiality through the lens of SASB & Verisk Maplecroft datasets

Originally broadcast on Thursday February 7, 2019 @ 16.00 GMT / 11.00 EST

Alongside geographic risk exposure, industry characteristics shape both what could be material for any given company and its potential external impacts.

Together with the ESG standard-setting organisation Sustainability Accounting Standards Board (SASB), we explored how their materiality assessments and our industry risk dataset can help organisations understand the risks lurking in portfolios and supply chains that could incur an ethical or financial cost if left unaddressed.

In this session we looked at:

  • How industry standards influence investment and analysis beyond evaluation of company reporting
  • Does financial materiality reflect real risk and impact?
  • Is there value in ESG standards before wholescale adoption by companies in their investor communication?

We addressed the broader application of SASB’s industry specific ESG standards across the investment decision making lifecycle and provided insight into the alignment between our assessments.

SASB gave an overview of their standards, its rigorous market informed process focused on financial materiality, and its licensing. Alongside thiis we talked through practical examples of how we’ve leveraged SASB IP as a benchmark for our industry risk dataset, which informs our clients on the sustainability impacts different industries have on their operating environment and overall sustainability performance.

Speakers:

Jeff Cohen, Institutional Product Strategist, SASB
James Lockhart Smith, Head of Financial Sector Risk, Verisk Maplecroft
Meagan Norris, Industry Content Lead, Verisk Maplecroft

Learn more about our industry risk dataset