Describe how you define materiality and how this is captured in your research and/or rating methodology as well as final product.
Datamaran harnesses technology to support decision makers with a revolutionary materiality analysis process based on:
Credibility – confidence in results that are data-driven and evidence-based
Reach – analysis of a broader range of data sources and stakeholder voices
Efficiency – time and resource-effective without compromising quality and accuracy
Transparency – an auditable trail of evidence supporting the analysis
Relevance – analysis that can feed into key business processes, including risk management
Datamaran data sources represent the different stakeholder voices; large volumes of data are available for each source, so Datamaran materiality assessment can be based on thousands of data points from corporate reports, mandatory and voluntary regulations, news and social media posts.
While the system does all the analytical legwork, ensuring objective consistency in the methodology, the users are always in control of the key parameters that drive the outcomes – peer groups to benchmark, jurisdictions to analyze, type of regulators to include, news and social media influencers to track – and can apply a different weight of importance to each component.
The Datamaran approach is not intended to replace stakeholder engagement and surveying; it empowers and integrates the process. Engaging stakeholders is a key activity for monitoring the pulse of the closest communities of stakeholders, and Datamaran has dedicated functionalities to survey internal and external stakeholders.
The Datamaran approach is also dynamic. The datasets on which the analysis relies are updated continuously, with new reports, regulations, news articles and social media posts added every day.