This webinar, "Effective Stakeholder Engagement Best Practices," provides expert insights on how to effectively engage stakeholders in the context of double materiality assessments. Led by Dr. Tim Siegenbeek van Heukelom from Socialsuite and Meghan Grever from BSR, the webinar emphasizes the growing importance of stakeholder engagement, particularly with the emergence of mandatory sustainability reporting regulations like the Corporate Sustainability Reporting Directive (CSRD) in Europe.

Key takeaways for effective stakeholder engagement:

• Stakeholder engagement is no longer a single data point; it should be integrated throughout the entire double materiality assessment process. Companies need to move beyond simple surveys and embrace ongoing dialogue with both internal and external stakeholders.
• Identify "affected stakeholders," those who experience the impacts of your business, and engage them in a meaningful way. Consider their unique perspectives and tailor your engagement approach to their needs.
• "Consult by competence," engaging with stakeholders who possess evidence, knowledge, and lived experience relevant to the specific material topics being assessed. This ensures the quality and relevance of the insights gathered.
• Don't overlook "silent stakeholders" such as nature and future generations. While direct engagement may not be possible, leverage credible research and expert opinions to represent their interests.
• Document your stakeholder engagement process thoroughly to demonstrate transparency and compliance with reporting requirements.

This webinar will help your company optimize stakeholder engagement, gather valuable insights, and create a robust double materiality assessment that meets regulatory requirements and informs your sustainability strategy.

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