This document has been prepared for general

Transcript:This document has been prepared for general:
This document has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this document without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this document, and, to the extent permitted by law, PwC, IIRC or their licensors do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this document or for any decision based on it. Copyright 2014. All rights reserved. Permission is granted to make copies of these slides, provided that all logos, disclaimers, copyright notices and acknowledgements on the slides are retained, and each copy bears the following credit line: "Copyright 2014. All rights reserved. Used with permission of the IIRC and PwC." In this document, PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. IIRC refers to the International Integrated Reporting Council. Acknowledgements of third party source materials are contained on the relevant slides. Approaches to materiality Robert van der Laan – Sustainability & Responsible Governance Partner, PwC Anouk Wentink – Sustainability & Responsible Governance Manager, PwC Stathis Gould – Head of Professional Accountants in Business, IFAC Denise G. Nogueira – Sustainability Manager, Itaú Unibanco Overview Introduction Methodologies Real life case Determining materiality for your own organization Recap and conclusion Introduction Key objectives Understand approaches to determining materiality in the context of Experience how to use the materiality concept Opportunity to share your experiences and learn from others about the benefits and to tackle difficulties and challenges facing materiality Be equipped with insight into the next steps to embed the analysis into decision-making and reporting Be able to demonstrate materiality in an integrated report Be familiar with the IIRC technical project Materiality in the context of Integrated Reporting ‘A matter is material if it could substantively affect the organization’s ability to create value in the short, medium or long term’ refers to 6 capitals in its value creation model, including Financial Manufactured Intellectual Human Social and relationship Natural Source: The International Framework Poll question 1 The most important benefit of