Materiality
Materiality assessment is a key component of all of our ESG programmes and is an essential tool to prioritize ESG issues in terms of their relevance to a specific asset, potential impact on the overall portfolio and importance to stakeholder groups.
Materiality is assessed for each asset individually and may be influenced by many factors, including:
- Industry sector
- Geography
- Regulation/legal juristiction (local, state and national, as applicable)
- Size
- Number of employees
The materiality assessment is undertaken as part of the on-boarding process for all portfolio assets, and on an on-going basis annually.
