Sustainable value creation requires companies to manage business performance to ensure the long-term viability of the business. Taking into account the needs of all stakeholders is essential to ensure the long-term success of a company's business model. Stakeholder engagement is—and will remain—a core element of the sustainability toolkit. It is a fundamental component of materiality assessments and used to inform sustainability strategy, reporting, and disclosure. Companies are often finding that their most material issues cannot be addressed unilaterally, via direct action, but must rely on partnerships, collaboration, and efforts to influence policy.
The workshop will inform companies on the process of stakeholder engagement as a fundamental component of materiality assessment to inform sustainability strategy, reporting, and disclosure. We will share practical insights, tips and tools to enhance the stakeholder engagement process and enable the understanding of the needs of specific stakeholders by hearing them directly from the horse's mouth