The organisation regularly identifies and assesses its impacts as part of its daily work and in collaboration with relevant stakeholders and experts.
In this step, the organisation develops an overview of its activities and business relationships, the sustainability context in which these take place and an overview of the stakeholders. This provides the organisation with important information for determining its actual and potential impact.
In this step, the organisation identifies the actual and potential impacts of its activities and business relationships on the economy, the environment and people, including their impact on human rights. Actual impacts are those that have already occurred, potential impacts are those that could occur but have not yet occurred. These effects include negative and positive effects.
In this step, the organisation assesses the significance of the identified impacts to prioritise them. Setting priorities enables the organisation to take measures to reduce its impact and also to determine its material topics for reporting. The prioritisation of measures is important when it is not possible to tackle all impacts at once.
