Recent posts on Materiality analysis
Covanta recently released its 2014 Sustainability Report, its third comprehensive report and first to prioritize an online format, to communicate its sustainability management and performance.
Covanta has proactively worked to integrate sustainability into its operations since establishing its Clean World Initiative eight years ago. In the report, Covanta highlights this past year’s successes, including:
its Energy from Waste, or EfW, service that reduced greenhouse gas, or GHG, emissions by 18.2 million tons
achieving 99.95% compliance with regulatory air standards over the past three years
increased reclaimed wastewater use of 19%, a 4% increase over 2013
increased alternative water use of 30%, a 6% increase over 2013
To continue momentum toward enhanced sustainability management, Covanta also outlines future goals, including:
developing, implementing, tracking, and reporting on safety performance metrics with the goal of measuring improvement by 2020
developing diversity and inclusion awareness training with complete participation by the end of 2017
increasing the amount of waste utilized in energy recovery and other sustainable waste management by 10% by 2020
Framework LLC… More
The American Cleaning Institute (ACI) recently published its 2015 Sustainability Report, which includes an industry-level materiality analysis—one of the first of this kind—performed by Framework LLC.
The materiality analysis, which traditionally is completed at a company-level, captured and mapped material issues across the entire industry.
A Sustainable Brands article describes the process Framework utilized to successfully execute an assessment with such a wide scope:
Framework LLC followed a process developed specifically for industry-level evaluation. It began with the creation of a value chain map for the industry and a comprehensive list of potentially material issues as a basis for analysis. A representative sample of ACI member companies was surveyed and interviewed, and documents from the industry and external stakeholders (including NGOs and government agencies) were evaluated for each stage of the value chain to determine the level of stakeholder concern for each issue. Equal representation was given to all identified… More
Symantec published its latest corporate responsibility report, Transforming to Protect the Future, which highlights the company’s work to integrate corporate responsibility into everyday business. With this focus, Symantec set new substantial goals for the short and long-term, including:
By 2015, certify 100% of its hardware products as Energy Star.
By 2017, validate all products manufactured for Symantec and made with tantalum, tin, tungsten, and gold to be conflict-free.
By 2020, engage and educate 1 million students in STEM through partnerships and an investment of $20 million.
By 2020, complete 84,000 volunteer hours with an emphasis on more valuable skills-based and pro-bono opportunities.
By 2020, increasing diversity at all levels of the company by 15%.
These goals align with relevant issues uncovered in Symantec’s materiality analysis, including energy and GHGs, talent management, employee satisfaction, and diversity and inclusion.
Framework LLC supported Symantec through this materiality analysis and the development of this report, the first of Symantec’s… More