We created Kelloggs Origins to build partnerships with farmers that support their climate, social and financial resiliency. Certification schemes like the Roundtable for Sustainable Palm Oil provide the foundation for responsible sourcing of these ingredients. x]YsH~wC= "dyI!~3p(&n ueVU,oo6wZ7O?maxG)uQ_^w~:.JO"'I_zwqqyJuOqr EobmbKW.?^ W/\t`xx:EC>x v/B./?^]'LB8Q$xiYUD12Xdpuu2^OUc*0mkxY%6Kp |w`qK.pWb.Z-YJwtHlRH[Glhro;*;e[YjE#[mD^8"xqw%sq?o7 l@SoqCK%pP.T0dvf]gO.]f"?5Jd5@~lpx^-0YTpjjxAd.hh8Y\|V-ujqWxvLZ 3IBR~>W&\! Conducting a materiality assessment is a formal way of evaluating the ESG factors that affect a business and how the business itself affects the world around it. Sustainable Development Goals (SDGs). })}); window.hsFormsOnReady = window.hsFormsOnReady || []; })}); window.hsFormsOnReady = window.hsFormsOnReady || []; These most important factors are plotted in a . But on the flip side, adopting more sustainable sourcing practices has helped the brand realize over 1.2 billion in cost savings since 2008. Fast-track building a world-class ESG program. We met our original 2020 responsible sourcing goals for nine of our original priority ingredients, including corn, wheat, rice, potato, fruit, sugar beet, cocoa, palm oil, and vanilla ingredients. endobj 269-965-4137 Hastings, MI 49058 Sufficient test scores orfinal high school transcriptswith a cumulative, non-weighted GPA of 3.0 or higher may eliminate or reduce your need for placement testing. DZF|])=r&L1= <]/Prev 1472515>> *Kellogg Community College will be closed on Monday Jan 16, 2023 in observance of Martin Luther King Jr. Day*. Affect consumers, customers, employees, investors, communities, regulatory agencies and other stakeholders in regions where we operate and source. For example,SASBtracks 77 different industries specific ESG topics andGRIis built around a 34-topic standard. Companies looking to activate their ESG strategy can leverage Good.Labs ESG Targets Database to assess with competitors is doing on critical ESG domains that impact performance. the stakeholders and invite them to take part in the process. Leading Energy Management Solutions Provider. Even among those that are relevant, companies might need to prioritize their approach according to available resources. In conducting a Materiality Assessment, key stakeholders assess and rank the relative importance of selected ESG topicsfor deciding where to focus your ESG program and building out a comprehensive strategic framework. /Im0 Do Intersect multiple areas of our value chain. endobj Materiality assessments are projects to help an organization understand, organize, and prioritize its material topics and themes. It also indicates the boundaries of each topic across our value chain and the SDGs we've identified as either "Priority" or "Additional" for each of these workstreams. kellogg materiality assessment. So a topic . guidelines. Good.Labs easy-to-use online tool enables mid-market companies to quickly measure Scope 1, 2 [], Sign up for the latest insights from Good.Lab, This website use cookies. Given the sheer volume of possible areas of impact across ESG, the best way to rank and prioritize which domains should be tackled first is to conduct a Materiality Assessment. The next stage of the materiality assessment will see you engage your stakeholders. We cannot provide special accommodations without proper documentation. hbspt.forms.create({ Throughout the process, process owners should carefully document the materiality assessment approach and the resulting decisions to enable auditability. Materiality is a growing strategy discipline due to ESG investor requirements, proposed SEC climate disclosure rules, and European Union directives on non-financial EU sustainability reporting. Current in-person office hours are: 9 a.m. to 5 p.m. Mondays through Thursdays (latest test start 3:30 p.m.) with phone coverage until 6 p.m. No matter their maturity, goals, or resources, businesses should consider materiality a critical component of corporate decision-making for long-term sustainability. The results of your assessment could reveal alternative topics . XaTv%N`]$$ For a demo of our ESG Performance Software Platform and to understand how our experienced team of ESG resources can help guide your ESG success schedule some time to talk with our team orbook a quick tour of our software platform. In addition to each projects environmental or social outcomes, we track and report the numbers of farmers and agronomists engaged by participation in training on any of the above topics, receipt of technical assistance or inputs, receipt of project funding, or receipt of other educational resources to help change agricultural, business or financial practices. window.hsFormsOnReady.push(()=>{ In the universe of hundreds of ESG topics, only a small subset might be relevant to any given company. There are four main steps to carrying out a materiality assessment. hb``e``Z )01G/30(20n +`x}{j&S Financial materiality generally looks inward at the company it examines how the companys activities might influence stakeholder decisions about the company and erode or create business value over time. Students must wait a full 24 hours from the time of finishing a test to retest. 1059.1478271 0 0 753.1051025 0 0 cm A sustainability materiality assessment was Since 2015, we have partnered with more than 445,000 farmers and agronomists to promote farmers climate, social and financial resiliency, with measurement environmental and social outcomes. . A common ESG materiality topic or theme is climate change. Environmental, social and governance (ESG) expectations are increasing rapidly. A materiality assessment is a project to identify, refine, and assess numerous potential environmental, social and governance issues that could affect your business, and/or your stakeholders, and organize them into a short-list of topics that inform company strategy, targets, and reporting. Edit or remove this text inline or in the module Content settings. The ESG Materiality Assessment is the exercise that helps your stakeholders prioritize and focus on what is actually material. Each year, we collaborate with suppliers, project partners and farmers to collect this data and share results with suppliers and producers. This process enables businesses to identify and categorize material issues that affect their regulatory compliance and performance. Gaining a deeper understanding of interpreting the survey results. Next, it needs to decide what it wants to measure: Does it want to assess social, environmental or economic impact? The sustainability materiality assessment performed at Kellogg considers and includes all aspects that have material economic, social or environment impacts. Technology industry leaders like Google, Salesforce, Microsoft, Amazon have publicly committed to ambitious targets across a range of [], With 2022 coming to an end, Good.Labs ESG team has been thinking about the trends and technologies that will shape the coming year. Good.LabsESG Performance Softwareincludes astraightforward ESG domain evaluation and prioritization Materiality Assessmenttool that allows for unlimited stakeholders. portalId: 26099345, We work with our ingredient suppliers, research institutions and non-profit organizations around the world to provide farmers and workers in our sourcing regions with on-the-ground training and technical assistance they need to improve farm productivity, regenerate soil health, protect species and habitats, reduce greenhouse gas emissions and improve their livelihoods in ways that protect and respect human rights. However, it is essential to ensure diversity here for an insightful overall perspective. A materiality assessment is designed to help you identify and understand the relative importance of specific ESG and sustainability topics to your organization. })}); Want to know more about our Diploma in Business Sustainability. Then, you must create an engagement plan and carry out the discussions. HyTSwoc [5, BHBK!aPVX=u:XKZ\;v^N~w.Mha UZ>31[_&. Below, you will [], GHG emissions calculator provides an online tool for mid-market companies to produce audit-ready carbon footprints. window.hsFormsOnReady.push(()=>{ With so many potential business-critical ESG topics, it can be almost impossible to focus on all and still perform optimally - this is where the Materiality Assessment proves essential. Water Risk Assessment Methodology (337 KB) 2020 Verification (156 KB) 2019 Verification (158 KB) Food Loss & Waste. 0000001220 00000 n The software empowers companies to quickly produce a decision-making framework for ESG. For a company starting from ground zero, a third-party facilitator can support the materiality assessment process by helping to identify stakeholders, determine relevant topics, and provide a menu of options for stakeholder engagement. With 2016 as our baseline year, suppliers delivering at least 80% of our annual volumes of these priority ingredients implemented one of our accepted survey tools for 3 or more years, with a goal of 5 years of completion. O +df+ 5@ ?D trailer Conservation or regenerative agriculture practice adoption, such as conservation tillage, cover cropping, crop rotation, integrated pest management, buffer strips, nutrient management, biodiversity measures, and climate risk mitigation strategies, Worker safety practices, such as use of personal protective equipment and health and safety training, Environmental outcomes, such as greenhouse gas emissions, water use, and water quality. Consultantscan view data from multiple companies they are working for and easily switch between customers or group multiple customers together for comparison. Expectations about how companies should approach materiality also vary across jurisdictions, and U.S. regulators have taken a different approach than those in the European Union (EU). To test remotely/online, please email your online testing request with the following details to[emailprotected]: A voucher number will be generated and instructions to register/schedule a test session with Examity will be sent to your KCC student email account. To complete the materiality assessment, results from stakeholder engagement are compiled, ranked, and visualized. Conducting a materiality assessment will provide a lot of valuable insights. Each year, our sustainability team reviews our materiality matrix against the external ESG landscape and our routine engagement with stakeholders . window.hsFormsOnReady.push(()=>{ If youre ready to launch your ESG Strategy, or your Materiality Assessment has possibly gone stale, its time to refresh your data and reprioritize with our team. Kellogg Materiality. But on the other hand, it also requires resources and support. 2d2 O]}]`ta`IX)V$nd0qqTTnt17my?o#4{d}2 NEXT GENERATION ACCUPLACERis a series of computer-adaptive placement assessments. This project uses farmer and expert survey results and desktop research to determine if Kellogg's initiative can provide a viable source of medium grain rice to support the manufacturing of More recently, it has helped ensure we report on the . This course has 6 learning objectives: Understanding the concept of materiality in ESG Management. For example, in a double-materiality scenario, the X-axis might represent the significance of a companys ESG impacts (on others), with the Y-axis representing the degree of influence on stakeholder assessment and decisions (about the company). =:Km[-&N}.$FBPVEYx%hem `84} It can be a lengthy and time-consuming process, however, its essential to conduct at regular intervals. The level of rigor and documentation that is needed to support an organizations identification of critical issues varies depending on the subjectivity of the frameworks in use and the intent and location of the organizations ESG disclosures. To receive credit for DSST, have your official test scores sent to the Registrars Office at Kellogg Community Colleges Registrars Office. Get an overview of the Good.Lab platformand see why we're known for accelerating ESG performance. How significantly do the companys business model and activities affect others. (1.3MB), 2021 Communication on Progress (CoP) Letter, Kellogg Childhood Wellbeing Promise(101 KB), Infographic - Breakfast Programs (223 KB), Infographic - Responsible Sourcing (365 KB), Infographic - Sustainable Packaging (164 KB), Water Risk Assessment Methodology(337 KB), Kellogg Company Global Code of Ethics (4 MB), Global Supplier Code of Conduct Resource Guide (525 KB), , , 0000001253 00000 n The requirements for awarding credit are determined by the American Council on Education (ACE). Accordingly, we are pleased to share our 2023 ESG predictions. 0001432902 00000 n By doing a Materiality Assessment, you will narrow down your company's sustainability priorities to global and industry-specific topics. 517-630-8169 These include a non-financial materiality perspective and a financial materiality perspective. Materiality, in environmental, social, and corporate governance (ESG), refers tothe business importance, financial significant, and stakeholder value of a specific ESG topic. Some, like the Sustainability Accounting Standards Board (SASB) (now part of the International Sustainability Standards Board (ISSB)), center investors as the primary stakeholders with disclosures that focus on issues affecting a companys ability to create value over time. 0000000840 00000 n For more information about our direct investment projects, please visit the Global Kelloggs Origins interactive map. Our leadership development training has received rave reviews. While the traditional process of conducting a Materiality Assessment can be time-consuming,Materiality Assessment Software streamlines this process byautomating collecting and collating inputs; gone are the days-long workshops,post-it notes exercises, and waiting for the aggregated and finessed results. These engagements could include focus groups, questionnaires, or interviews. Regulating groups are also doubling down on their attempts to bring about ESG reform via litigation geared towards marketing and other representations. [emailprotected], KELLOGG COMMUNITY COLLEGETerms of Use | Sitemap | Accreditation. As we continue to refine and evolve our methods for supporting continuous improvement in our priority ingredients, we are committed to maintaining our current progress to date. Our materiality matrix lists the four sections of our Environmental, Social and Governance (ESG) Report and the topics within each. Similar risks and opportunities exist in food, farming, and agriculture. hbspt.forms.create({ In general, topics that fall in the upper right section of the scatter plot would be the most significant. Done correctly, we believe companies who fully consider materiality create stronger, more resilient, and thoughtful businesses that are better prepared to inform investors, regulators, and other stakeholders on their ESG impacts, risks, and opportunities. In what follows, we'll use the . ), Verifying your address with the Registrars Office, Completing KCCs free Online Learner Orientationso that you may register for classes. portalId: 26099345, The Testing and Assessment Center is located in Room 108 of the Ohm Information Technology Center, on campus at 450 North Ave. in Battle Creek. Need guidance and strategies for navigating ESG? A materiality assessment considers environmental and social impact but also what stakeholders and investors care about. View/Download Materiality Matrix The next step in the ESG journey after completing a Materiality Assessment is to perform Sustainability Benchmarking of customers, competitors, and relevant peers to assess program scope, performance targets, and relevant metrics. No matter their maturity, goals . Others, like the Global Reporting Initiative (GRI), consider a broader range of stakeholders and focus on issues that contribute to overall sustainable development, and these call for a double materiality approach. Are relevant, companies might need to prioritize their approach according to available resources value.! ; ll Use the on their attempts to bring about ESG reform via litigation geared towards marketing other... Schemes like the Roundtable for Sustainable Palm Oil provide the foundation for responsible sourcing of these ingredients ESG Management and... The other hand, it also requires resources and support climate change companies might need to prioritize their according... } ) } ) ; want to know more about our Diploma in Business sustainability special accommodations proper! The topics within each multiple areas of our environmental, social and governance ESG. Would be the most significant and farmers to collect this data and results! Towards marketing and other representations needs to decide what it wants to measure: Does it want to know about. ) expectations are increasing rapidly project partners and farmers to collect this data and share results suppliers. According to available resources next stage of the scatter plot would be the most significant the stage. Materiality perspective however, it also requires resources and support hand, it needs to decide what it to. 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