Describe how you actively include input and information, wherever possible, from relevant stakeholders or interested parties, in the research process or in reaching assessment conclusions.
For our research for the Corporate Human Rights Benchmark materiality is defined at several levels: (1)
The companies assessed (extractives, apparel and agriculture/food companies) have been chosen as
belonging to sectors particularly affected by human rights challenges; (2) within the benchmark each
sector is assessed according to criteria that reflect the materiality of that issue to the sector. It is worth
saying that business and human rights work generally focuses on "salience" (=the risk to the rights
holder, rather than what may impact the company) but in many cases this focus identifies issues that are
indeed material to the company as well, or else have an increasing likelihood of becoming so through
impacts on human capital, legal developments, access to resources, industrial accidents or the effects of
the company's general reputation upon its business. The data is presented indicator by indicator as well,
so an investor could take their own view of the materiality of each element of the assessment.
In the case of our Investment in Occupied Lands project operations in Crimea or Palestine is taken as the
materiality threshold for inclusion in the database.
In our yourethicalmoney.org database for UK retail investors materiality is defined by the user of the
website by selecting the factors they are concerned about.