Integrating Materiality Assessments: PSG2.3, HR2.1, and ESC1.7

Modified on Thu, 13 Aug at 7:54 AM

Three sub-requirements in the B Lab Standards explicitly converge on the same foundational activity: assessing impacts across a company's operations and value chain to determine the company’s most material impacts that should be addressed as a priority. While PSG2.3 (materiality assessment), HR2.1 (salient human rights issues), and ESC1.7 (nature and animal welfare impact assessment) are distinct requirements, companies may conduct one integrated assessment that satisfies all three – provided the assessment meets each sub-requirement's specific compliance criteria. In fact, if the company carries out separate assessments, the material topics it identified under PSG2.3 must cover those identified under ESC1.7 and HR2.1 (even if at a high level). This article explains how to conduct an integrated materiality assessment, what the common architecture looks like, and where the requirements diverge.

Common architecture across the three assessments

The following elements are shared across PSG2.3, HR2.1, and ESC1.7:

  • Scope: Operations and value chain

  • Prioritisation method: Severity and likelihood scoring; severity should outweigh likelihood so that high-severity/low-probability impacts are not systematically excluded

  • Recency: Assessment carried out within the last 36 months (with interim reviews for PSG2.3)

Where the requirements diverge

Element

PSG2.3

HR2.1

ESC1.7

Scope of topics

All material topics (also topics not covered by the B Lab Standards)

Human rights issues only

Nature and animal welfare only

Governing body oversight

Oversight of assessment process, reviewing results (and targets under PSG2.4: The company identifies material topics not addressed in the B Lab Standard, sets targets, and reports progress annually)

Not required

Not required

Methodology

Stakeholder engagement: 6 specific stakeholder groups (for the environment the use of data or expert advice constitutes as engagement)

Other types of input not mandated


Desk research + stakeholder engagement (flexibility on number and type of stakeholder groups)

Desk research + stakeholder engagement (flexibility on number and type of stakeholder groups)

Contribution to the five drivers of nature change 

Adjusted first 2 steps of TNFD LEAP approach

Continuous improvement

Inherent with the assessment every 36 months and interim reviews in between

Inherent with the assessment every 36 months

Inherent with the assessment every 36 months

Phased approach specifically called out as allowed: using a high-level screening and investigating a small number of highly material issues deeply & improving the assessment over time

Public disclosure

Yes (from Y0)

Only in Y3

Only in Y3

Impact orientation

Following double or impact materiality (actual & potential positive & negative impacts)

Actual and potential negative impacts (positive impacts not mandated)

Actual and potential negative impacts (positive impacts not mandated)

FR3.1 (Risk tool) consideration

Not required

Considering potential impacts from the Risk Tool

Considering potential impacts from the Risk Tool

Level of detail

Higher-level identification allowed (e.g. forced labor)

Specific issues, specific locations in value chain (e.g. forced labor in Latin America)

Specific issues, specific locations in value chain

Output format

Materiality matrix or list + methodology summary

List of salient issues + methodology

List of material issues + methodology, prioritised value chain activities, high risk commodities

Non-materiality documentation

Not specified

Not specified

Written explanation with scientific evidence if water, biodiversity, or waste not deemed material (ESC1.7.4)


If the three assessments are conducted jointly, supplementary materials may be required as evidence. For instance, performance data, impact metrics and tools used to identify the company's interface with nature to support ESC1.7.

Illustrative Example: Integrated Assessment Output (Agriculture/Food Sector)

The following illustrates how a company might document its integrated assessment. Severity is scored 1–5 (5 = most severe); likelihood 1–5 (5 = most likely). Materiality threshold: An issue is considered material if the severity score is 4 or higher (regardless of likelihood), or if the combined score of severity and likelihood is 6 or higher and severity is at least 3.

Material Topic

Sub-topic / Specific Issue

Value Chain Location

Actual / Potential

Severity (1–5)

Likelihood (1–5)

Material?

Forced labour

Forced labour on fruit farms

Tier 1–2 suppliers in  South America

Both

5

3

Yes

Child labour

Child labour in cocoa harvesting

Tier 2–3 suppliers in  West Africa

Potential

5

3

Yes

Land & water use

Deforestation linked to soy sourcing

Tier 2 suppliers, Brazil

Actual

4

4

Yes

Biodiversity loss

Impact on pollinators from pesticide use

Own operations + Tier 1 suppliers

Both

4

3

Yes

Living wages

Below-living-wage pay at packing facilities

Tier 1 suppliers in  Southeast Asia

Actual

3

4

Yes

Waste

Packaging waste at end-of-life

Product use/end-of-life

Potential

2

2

No (score 6, severity < 3)

Freedom of association

Restrictions on worker organising

Own operations, specific geographies

Potential

3

2

No (score 5)


Threshold methodology note: Severity is scored using the UNGP/GRI 3 framework: scale (how grave), scope (how many affected), remediability (how reversible). Likelihood combines probability of occurrence and frequency. Topics falling below the threshold are documented and monitored; any topic in the non-material category for ESC1.7 (specifically water, biodiversity, waste) requires a written explanation supported by scientific evidence.


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article