Strategy Development

Question 1

Sustainability strategies development models

Answer 1

• no universal model for developing and implementing sustainability strategies
• each company must develop its own, adaptable sustainability management system

Question 2

Sustainability strategies development models: Commonly used models

Answer 2

• Small and lean central team
• Fully distributed resources in the BUs, with cross-BU informal networks
• Large central team with a few BU resources
• Lean central team with many BU resources
• Central team that deploys agile/SWAT teams to BUs

Question 3

Materiality Analysis: Purpose

Answer 3

To find out which sustainability topics are material, meaning they:

• Have a significant impact on business success
• Are particularly important to stakeholders
• Are relevant for reporting and compliance (e.g. CSRD, GRI, ESRS)

Question 4

Materiality Analysis: Typical Steps

Answer 4

1. Identify potential topics
Examples: climate change, human rights, energy use, diversity, data protection

2. Engage stakeholders
Through surveys, interviews, or workshops

3. Assess the business perspective
Evaluate risks, opportunities, and the impact of each topic on the company’s performance

4. Apply the double materiality concept

• Impact materiality: How the company affects the environment and society
• Financial materiality: How sustainability issues affect the company financially

5. Visualize the results in a materiality matrix
Key topics appear in the top right: high stakeholder interest and high business relevance

Question 5

Materiality Analysis: Outcome

Answer 5

• Focus on the most relevant sustainability topics
• Helps to idetify risks and opportunities
• Supports integration of ESG topics into business strategy
• Builds credibility with investors, customers, and employees
• Fulfills reporting requirements (e.g. CSRD, GRI)