Dual
Double materiality lens
Double materiality looks at impact + enterprise value.
ESG strategyessentials
Design double-materiality ESG strategies with confidence.
A strong ESG strategy prioritises the issues that matter most to stakeholders and enterprise value. This page explains ESG strategy basics, benefits, examples, and how to tie plans to double materiality.
ESG strategy essentials
An ESG strategy prioritises environmental, social, and governance initiatives based on stakeholder expectations and enterprise value impacts—using double materiality as the decision lens.
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Search interest
“ESG strategy” is trending—stakeholders expect clarity.
4 steps
Flow
Assess, prioritise, act, and report.
Key focus areas
Materiality assessment. Rank issues based on stakeholder impact + business impact.
Goal setting. Define measurable targets with timelines and owners.
Initiative roadmap. Translate goals into programs, budgets, and accountabilities.
Reporting + assurance. Share progress transparently with investors, customers, and regulators.
WHY IT MATTERS
Benefits of ESG strategy
Strategic clarity. Avoids scattered ESG projects.
Capital access. Investors and lenders reward clear plans.
Stakeholder alignment. Everyone understands priorities and trade-offs.
Regulatory readiness. Double materiality lens supports EU CSRD and other regimes.
HOW TO ACT
How to build your strategy
- Run double materiality workshops. Engage stakeholders to rate impacts + enterprise value effects.
- Prioritise ESG topics. Select focus areas with clear rationale.
- Design initiatives + KPIs. Assign owners, budgets, and timelines inside RunSustainably.
- Communicate + iterate. Share the strategy, gather feedback, and refresh annually.
MEASUREMENT
Measurement + reporting
- Strategy dashboard. Track goals, initiatives, and status.
- Benefit tracking. Quantify cost savings, revenue, and risk reduction.
- Benchmarking. Compare against peers and frameworks (e.g., PRI, SASB).
- Assurance files. Store evidence for CSRD/ISSB reporting.
Action ideas
Publish an ESG strategy brief. Summarise priorities, KPIs, and double materiality insights.
Show examples internally. Share case studies of successful ESG initiatives.
Host a strategy stand-up. Keep teams aligned on progress.
GLOSSARY SNAPSHOT
Terms to know
ESG strategy. A roadmap for environmental, social, and governance priorities.
Double materiality. Looking at impact on society + enterprise value.
ESG strategy examples. Reusable case studies of initiatives that delivered measurable value.
FAQS
ESG strategy essentials FAQs
What is an ESG strategy?
A plan that aligns ESG priorities, goals, and initiatives with stakeholder and enterprise value expectations.
What are ESG strategy benefits?
Clarity, stakeholder trust, regulatory readiness, and better capital access.
How do we use double materiality?
Rate each ESG topic based on impact on society/environment and impact on enterprise value.
Where do we track ESG strategy actions?
RunSustainably centralises objectives, tasks, and approvals.
Drova RunSustainably unites objectives, approvals, and reporting so ESG stories stay credible.
Ready to keep sustainability work visible?
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