How to create your materiality analysis in Datamaran

 

  1. To start your analysis, name it in the "Analysis name" field.
  2. Next, you must select the issue mapping for your analysis. Datamaran provides data-driven, industry-specific Issue Mapping templates curated by our experts and aligned with major reporting standards. Use the one that corresponds to your company's sector or modify it to tailor the issues to your company's specific objectives.
    Captura de Pantalla 2023-07-11 a la(s) 10.22.13
  3. The next step is to populate the “stakeholders” views by selecting the parameters required that suit your company: 
  • Industries & Peers, Regulators, Policy Makers. As well as optional stakeholders like Suppliers, Customers, and Investors. 
  • For most stakeholders, you can copy the information you input in “Industries & peers” by selecting the “Copy data from Industries and Peers” button. 
  • Note that “Investors” will reflect the amount of disclosure, by issue, required by the SASB standards according to the industry selection in the Industries & Peers group to generate information, instead of using company reports information like “Suppliers” and “Customers”.

Besides the listed ones, Datamaran allows you to add additional stakeholders (up to 12 stakeholder groups) by clicking on "Add New". You can also populate stakeholder groups with your source data using the "Use Custom Data" option.

Captura de Pantalla 2023-07-11 a la(s) 10.28.02

4. Once you have populated the external stakeholder information, you can define your company's view by populating internal information in "Internal Priorities".

Here you can select three types of sources of information, either your company's latest sustainability report or financial report, or you can upload your data by clicking "Use Custom Data".

Captura de Pantalla 2023-07-11 a la(s) 10.32.25 Also, Datamaran allows adding additional Internal stakeholders or internal groups (up to 12 ) by selecting "Add New". This field can be used to upload internal information like surveys or interviews of employees, board members, etc. 

Captura de Pantalla 2023-07-11 a la(s) 10.35.50

5. The last step is to rank your stakeholders

 

There are two ways you can do this:

The first is in "Relative Ranking". Here you'll be able to designate the individual importance of each stakeholder regarding your company on a Low - to High + scale. Assigning a value of "None" to a stakeholder group removes it from the analysis.



Captura de Pantalla 2023-07-11 a la(s) 10.39.51

b.  Alternatively, you have the option "Set Manually" where you are able to assign a percentage in order to rank each stakeholder group, selecting how much weight you would like to attribute to each stakeholder. Within this process, you must ensure the collective weighting adds up to 100%. Assigning a weight of 0% to a stakeholder group removes it from the analysis.

 

Captura de Pantalla 2023-07-11 a la(s) 10.42.13

6. You then need to select "Save & Run analysis" and the analysis will be generated and a matrix created. You have the option to see the summary of the analysis results in the Stakeholder view.

 

The video below shows you how to do it.