The Sectoral Materiality Tool, developed by UNEP-WCMC, is designed to help finance professionals evaluate environmental materiality across sectors. By linking environmental indicators with standard classification systems (e.g., ISIC, NACE, GICS), the tool provides insights into sector-specific risks and opportunities. It is particularly valuable for aligning investments with sustainable finance goals, conducting environmental due diligence, and supporting ESG integration in decision-making.

The tool is on an excel sheet with introduction of the tool and methodologies in each sheet.

ReadMe 1 – Overview:

This sheet introduces the Sectoral Materiality Tool, developed by UNEP-WCMC. It provides an overview of the tool’s purpose, which is to assess environmental materiality across sectors using established classification systems. The tool supports finance professionals in identifying and understanding sector-specific environmental risks and opportunities, enabling informed decision-making for sustainable investments and risk management.

ReadMe 2 – Methodology:

This sheet outlines the methodology used to design the tool. It details the framework and data sources that underpin the materiality assessments, including environmental indicators and classification standards. Finance professionals can use this methodological transparency to ensure the tool’s insights are credible and aligned with industry standards.

Input and Summary:

This sheet provides a user interface where inputs can be added to generate tailored materiality summaries. It aggregates results, offering a high-level view of the environmental risks relevant to specific sectors. For finance professionals, this summary aids in quick identification of priority sectors requiring due diligence or investment attention.

Full materiality tool (ISIC):

The core of the tool, this sheet presents detailed sectoral materiality data aligned with ISIC classifications. It allows users to explore environmental impacts by sector, supporting finance professionals in conducting comprehensive risk assessments and aligning portfolios with environmental considerations.

Crosswalk ISIC – NACE – GICS:

This sheet provides a crosswalk between ISIC, NACE, and GICS classification systems, facilitating interoperability between these standards. It is particularly useful for finance professionals working across jurisdictions or industries, ensuring consistent materiality assessments regardless of the classification system used.

ISIC Classification:

This sheet lists the ISIC classifications included in the tool, serving as a reference for users to navigate and understand the sectoral scope of the materiality data. Finance professionals can use this sheet to identify specific sectors relevant to their analysis or reporting requirements.