Engage with stakeholders - INTERMEDIATE

Cost
Cost
Cost
EFFORT
EFFORT
EFFORT
IMPACT
IMPACT
IMPACT

The first step is to identify the key stakeholders that have the most direct relationship with your business activities. Common stakeholder categories for organisations include business partners, customers, shareholders and other investors, policy makers, governments, suppliers, employees and trade unions, local communities and NGOs.

Engage with them to find out what is important to them and to understand their expectations. This can be done through structured interviews. For companies with limited resources, focus on insightful discussions with a few key stakeholders in different categories, rather than questionnaires and superficial input.

69%

of CEOs see significant stakeholder demand for increased transparency and reporting on ESG
(KPMG)

ADDITIONAL RESOURCES

These suppliers can help you