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FINANCIAL MATERIALITY SOFTWARE
Simple financial materiality assessment software and advisory
Socialsuite brings you end-to-end materiality software with expert support to guide your progress, save money, and meet compliance requirements.
Book a demo
MATERIALITY
What is Financial Materiality?
Financial materiality relates to the organization's sustainability risks and opportunities. This perspective on materiality takes an outside-in view to identify the sustainability matters that may trigger material financial effects on the company. This is the case when they may generate risks or opportunities that are likely to have a material influence on the company's financial performance, such as cash flows or cost of capital.
Enhance risk mitigation by identifying potential financial risks early
Align financial performance with sustainability goals to ensure long-term viability
Attract investors and increase access to capital
Comply with evolving ESG regulations
Our Financial Materiality Process
Scope
Determine your materiality approach, requirements, and objectives.
Define
Define your list of potential material sustainability topics with the executive team and peer benchmarking.
Identify
Assess your value chain to identify, group, and select key stakeholders. Stakeholders include employees, customers, board members, etc.
Engage
Engage with stakeholders via surveys and interviews to gather quantitative and qualitative data and insights.
Analyze
Analyze the results, conduct internal validation, and select final material topics.
Why are financial materiality
assessments important?
Informs and prioritizes business decisions
Provides qualitative and quantitative data
Enables data-driven decision making
Creates a sustainability roadmap for executives
Builds trust and credibility
Risk mitigation
Product Features
Financial Materiality Assessment
Streamlined financial materiality assessment software designed to increase transparency, align with stakeholders, and get compliance-ready.
Expert Advisory
Leverage Socialsuite's advisory services to help run one-on-one interviews, workshops, and focus groups to further assess materiality.
Peer Benchmark Analysis
Analyze where your competitors and peers are on their sustainability and materiality journey so you don't fall behind the curve.
Customized Stakeholder Management
Group, weigh, and track unlimited stakeholders. Engage stakeholders via our proprietary survey technology and/or conduct interviews/workshops.
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Advanced Topic Selection
Pre-defined topic lists developed from peer, industry, and competitive data and standardized frameworks (SASB, GRI, CSRD). Include extra customized topics or open-ended questions for more insight.
Secure Cloud Environment
Enterprise-level cloud security to safely collect and store your ESG data in one centralized platform.
Dynamic Scoring
Calculates materiality scores from multiple quantitative and qualitative data sources.
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Real-Time Automated Analysis
Analyze quantitative and qualitative data through aggregated standardized scoring. Visualize results for impact, risk, and opportunity in a scatter-plot matrix.
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UN SDG Alignment
Material topics are automatically aligned with the relevant UN Sustainable Development Goals (SDGs). Prioritize the SDGs your organization impacts most.
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Instant Materiality Report
Consolidated summary highlighting the methodology, materiality matrix, analysis, and UN Sustainable Development Goal alignment.
Ready to streamline your materiality assessment?
Whether you're a public, private, or non-profit organization, Socialsuite has the right materiality solution for you.
Pricing
Software and Advisory Packages
Simple, transparent pricing that enables growth and progress year over year.
Materiality Software
Conduct an impact, financial, or double materiality assessment.
FEATURES
Software platform access
Up to 20 users
Stakeholder Engagement
SDG mapping
Simple, self-guided
Analysis scoring
Customer support
Materiality report
Materiality matrix
Survey and interviews
Get started
Add advisory support services:
Silver Support
16 hours
Gold Support
32 hours
Platinum Support
48 hours
What our clients say...
"We leveraged Socialsuite's cutting-edge materiality technology platform to conduct our assessment, ensuring that our approach has been guided by and is reflective of the ever-evolving sustainability landscape."
Chief Financial Officer
Public Engineering Consultancy
"Thank you Socialsuite for partnering with us, listening to our stakeholders, and making a positive impact on what matters most!"
Chief Technology Officer
Public Software Company
"I love it. It's great to see. It's huge that you do double materiality..."
ESG Senior Manager
Private Accounting & Assurance Firm
"Socialsuite's materiality software was easy to use..."
Head of IR & ESG
Publicly traded pharmaceutical company
"... I think the materiality assessment is great. I think the idea behind it is really smart."
Director of ESG
Publicly traded construction company
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Are you looking to accelerate your sustainability journey?
See how we can help.
See how we can help.