BSI project: Materiality assessment in the equestrian sports industry
Leadership & Sustainability has carried out a pioneering industry collaboration project with the “Equestrian Sports” specialist group of the BSI – Bundesverband der Deutschen Sportartikelindustrie e.V. (Federal Association of the German Sporting Goods Industry). Leadership & Sustainability conducted a materiality assessment for the equestrian sector in order to future-proof the companies in the equestrian sector and to prepare them in the best possible way for the EU Green Deal.
This materiality assessment was conducted with three sample companies and based on its results a handbook and an individual applicable materiality assessment tool was developed. With the help of these tools, it is now possible for all members of the BSI Equestrian Sports Group to conduct a materiality assessment with little effort but highly usable results.
A materiality assessment is a powerful instrument to identify the biggest sustainability opportunities, risks and of a company along its entire value chain. Thus, a materiality assessment lays the foundation for any effective and goal-oriented sustainability management. The companies are now empowered to prioritize their sustainability challenges and identify clear fields of action. As a result of the close cooperation with Leadership & Sustainability, the companies of the BSI Equestrian Sports Group now have a tool in their hands to take their sustainability efforts to the next level and are enabled to develop a targeted sustainability strategy.
L&S: How did you experience the collaboration?
Maïté Angleys (BSI, CR Specialist): As always, working with L&S was a pleasure! In addition to their great sustainability expertise, the team was able to adapt to our needs and provided easy-to-use, pragmatic solutions. In addition, communication was uncomplicated, open and honest at all times.
L&S: What is the value of the end product for you?
Maïté Angleys (BSI, CR Specialist): The project has pioneering status in the equestrian sector and, moreover, in the entire sporting goods industry. Thanks to the easy-to-use tool, a large number of equestrian companies can now create a materiality assessment and thus set out on the path to their own sustainability strategy. In addition, shared fields of action can be identified and the equestrian industry as a whole can take a real step forward.
L&S: Was there anything that surprised you during the project?
Maïté Angleys (BSI, CR Specialist): A materiality assessment is a complex endeavour and it was surprising and inspiring for me to see how quickly and proactively the companies got involved in the matter