Materiality Assessment

Our stakeholder-engaged approach to materiality will ensure your business focuses on what matters.

We’ll identify and prioritise material ESG risks to your business, and work with you on an action plan to address them.

How we can help

Our ESG experts can: 

  • Identify contemporary industry and emerging risks that are material to your business 
  • Gather internal and external stakeholder opinions 
  • Rank material risks by likelihood and impact to prioritise and focus efforts where they’re most needed 

The process

Our team manages a master list of topics that are material to the travel and tourism industry, and will determine which of these topics are relevant to your business through executive consultation. 

We will identify the key stakeholders, and gather their input on the likelihood and impact of each material topic. The responses from internal and external stakeholders will then be visualised in a matrixed materiality map to prioritise for executive committee review and board approval. 

An action plan will then be developed to address material issues. This will include setting goals, strategies and initiatives relevant to your organisation. 

Materiality should be regularly reviewed to ensure it’s current to rapidly changing market and global environments. 

Why this is good for business and good for the planet

  • Ensure your business focuses on what matters in a time-efficient manner to minimise impact, reduce costs and ensure long-term sustainable operations. 
  • Identify emerging trends and threats to your business and integrate non-financial risks that may have a major impact on your financial performance, value creation and reputation. 
  • Strengthen the business case for ESG action or strategy, inform and enhance communication strategies and get ahead of long-term risks. 
  • Create social and environmental value through a stakeholder-engaged approach to ESG strategy and action.

Get in touch with the EarthCheck team today.

YOUR EARTHCHECK TEAM

Dr. Steve Newman Headshot
Dr. Steve Newman
Melinda Watt
Stewart Moore
Stewart Moore

"We’re pleased to be working with EarthCheck to ensure we’re incorporating the best ideas, the most effective framework and a high degree of accountability as we work to provide our guests with truly regenerative travel experiences."

Ken Cruse

Soul Community Planet Co-Founder and CEO

WHO’S USED THIS SERVICE

YOUR EARTHCHECK TEAM

Dr. Steve Newman Headshot
Dr. Steve Newman
Melinda Watt
Stewart Moore
Stewart Moore
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Acknowledgement
of Country

There are more than 476 million Indigenous Peoples, found in all regions of the world, from the Arctic to the tropical forests. They make up more than 6 per cent of our global population.

 

In the spirit of reconciliation, EarthCheck acknowledge the Traditional Custodians of Country throughout the world and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Indigenous Peoples today.

 

EarthCheck acknowledges that Indigenous Peoples are guardians of the forests and biodiversity hotspots we all depend on. Research shows that lands managed by Indigenous Peoples, with secure rights, experience lower deforestation rates, store more carbon, hold more biodiversity, and benefit more people than other lands — including protected areas.

 

We recognise and support the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), the most comprehensive international instrument on the rights of Indigenous Peoples. The Declaration is a positive document that maps out a path for Indigenous Peoples to be free from discrimination and secure in their identities and life choices.

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EarthCheck Certified: Aligned globally

EarthCheck science and products were developed by the Australian Government Sustainable Tourism Co-operative Research Centre (STCRC) over ten years. Our science is reviewed annually to ensure that it meets international standards relative to greenhouse gas protocols, responsible tourism, and certification.

EarthCheck products and services are built on the Agenda 21 principles for Sustainable Development endorsed by 182 Heads of State at the United Nations Rio De Janeiro Earth Summit in 1992 and aligned to the SDGs.

EarthCheck Certified provides a framework for organisations to achieve the desired outcomes for sustainable development as set out in the final report of the World Summit for Sustainable Development held in Johannesburg in 2002.

EarthCheck Certified complies with the Mohonk Agreement (2000), which outlines the guidelines and principles for an international sustainable tourism certification program. It is also a Recognised program of the Global Sustainable Tourism Council (GSTC).

EarthCheck Certified is a verification standard accepted by CDP. It is also an approved program of the Certification and Accreditation Administration of the People’s Republic of China (CNCA), London & Partners, the Mexican Secretary of Tourism (SECTUR) and the City of Sydney.

EarthCheck Certified is an approved program for meeting the EU Energy Directive for the Federal Office for Economic Affairs and Export Control (Bundesamt für Wirtschaft und Ausfuhrkontrolle – BAFA) in Germany and the Netherlands Enterprise Agency (Ministry of Economic Affairs and Climate Policy) in the Netherlands.

EarthCheck partners with international research organisations to maintain the currency of EarthCheck science and our benchmarking systems.

The EarthCheck brand signifies scientific excellence, better environmental, economic, and social performance, improved community interactions, and savings through more efficient use of resources. It provides recognition and promotional support to a global consumer market.