Our approach in designing an investment fund's materiality map

Northzone and Apiday worked hand in hand to develop a tailored materiality map for the investment fund.

<aside> 💡 Northzone's extensive portfolio, encompassing approximately 110 companies, spans a broad spectrum of diverse industries.

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Employing a meticulous classification process, we regrouped these companies into the twelve following sectors:

For each of these industries, we evaluated both the financial and impact materiality, assigning scores on a scale ranging from 0 to 3:

Assessment methodology

Our assessment approach was based on desk research, benchmarking against established materiality maps for impact materiality, while financial materiality was sourced from the Sustainability Accounting Standards Board’s (SASB) work, which is recognized as one of the best source of truth for financial materiality.

→ Read the full methodology here

This approach enabled us to design a materiality map for each of the 111 portfolio companies of Northzone.

Read here an e**xample of the materiality map

of a big company (>1200 FTE) in the Food Tech sector**