Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
The judgement of which disclosed factors could genuinely affect a specific company's cash flows or its licence to operate.
Water use is a real risk for a beverage maker and near-irrelevant for a software firm. Without this filter a sustainability report reads as hundreds of equally weighted facts.
An event a listed company must disclose to the exchanges — either deemed material by the regulations, or material on applying the quantitative thresholds in its own published policy.
Two kinds. Some events are material by definition and the company has no say. Others are tested against a threshold the company must publish, so you can read where it drew its line.