STEP 5: DEVELOPING A STRATEGIC APPROACH FOR CSR USING MATERIALITY ANALYSIS
Having recognized the priorities and identified the stakeholders, the next step is to build a strategic approach for CSR.
Companies will include in this strategic approach actions related to:
RESPONSIBILITY TOWARDS ENVIRONMENT
RESPONSIBILITY TOWARDS SOCIETY
RESPONSIBILITY IN THE WORKPLACE
RESPONSIBILITY IN THE MARKETPLACE
In order to decide the specific actions, companies usually carry out a Materiality Analysis.