Dynamic materiality

    ESG & Governance

    The idea that an issue's materiality changes over time, often moving from impact-only to financially material.

    Issues do not stay in one box. An issue that only affects society today can become a direct cost tomorrow through new laws, lawsuits, technology shifts or changes in customer demand. Carbon emissions are the clearest example: long treated as an external impact, they now carry a cost in India for covered plants under the Carbon Credit Trading Scheme. Analysts should watch for issues that are moving from impact to financial materiality.

    Related terms

    MaterialityFinancial materialityImpact materialityCCTS (Carbon Credit Trading Scheme)

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    From the research

    Valuation

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