Riisfort ESG report 2023-2024 - Flipbook - Side 7
Double Materiality Assessment
Since last year, we have been making efforts to better
understand what different stakeholders expect from us. As
a result, we have started working with double materiality
assessments to ensure a direction for our work within the
area of ESG.
In connection with this, we have conducted an internal
and external materiality assessment, bearing in mind the
customer inquiries we have received within the area of ESG in
order to ensure that we focus our resources on the areas that
are essential to our stakeholders.
As in last year's report, we have divided this report along
our three so-called areas of action (E, S and G). These are
the areas that our customers, employees and management
consider to be the most important to focus on and which
also draw upon the structure of the voluntary sustainability
reporting standard, VSME.
Last year was our baseline year, and while we are still in
the process of building up our ESG efforts and setting
ambitious and realistic targets, in this report you can expect
to learn more about the status of our reporting areas and
the ongoing initiatives we have started in the financial year
2023/2024.
ESG Report 2023–2024
The result of the analysis:
The assessment sparked some positive and necessary
conversations about both risks and opportunities, and these
are things that we will definitely take with us in our further
work. We have done everything we can to identify the areas
that matter the most and we feel we've gotten some clear
results out of this.
The three main areas that we have identified – climate
change, our own employees and our company behaviour
– may not come as a surprise. However, it gives us peace
of mind to know that we are already on the right track and
working on the right things.
We have chosen to present the results in a way that fits into
the VSME framework. This does not require a full DMA, and so
we have not worked to develop a detailed scoring. We have
also been inspired by other points in the VSME framework
and have chosen to report on some of them. For us, this is a
great start and we look forward to taking the process further
as we gain new experiences and maybe a little more input
from other sides.
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