Double materiality assessment
Our double materiality assessment identified five interconnected material matters that have the greatest influence on NSSF's ability to create sustainable value for members while contributing to Uganda's long-term development.
Together, these material matters provide the strategic focus for how NSSF delivers Vision 2035, allocates resources, manages risk, measures performance, and creates sustainable value over the short, medium, and long term.
Financial materiality · Outside-in
- Membership growth and retention
- Contribution growth and persistence
- Growth in assets under management
- Member trust and product relevance
Impact materiality · Inside-out
- Expanded social security coverage
- Financial inclusion
- Retirement preparedness and financial capability
- Improved financial wellbeing
Financial materiality · Outside-in
- Membership growth and expanded coverage
- Stakeholder trust and regulatory enablement
- Service delivery through strategic partnerships
- Sustainable growth and long-term value creation
Impact materiality · Inside-out
- Broader access to social protection
- Financial inclusion and capability
- Stronger public-private partnerships
- Shared economic and social value
Financial materiality · Outside-in
- Digital service delivery and member experience
- Operational efficiency and productivity
- Cybersecurity and data governance
- Innovation and long-term competitiveness
Impact materiality · Inside-out
- Improved access to social security services
- Greater digital inclusion
- Faster, simpler member experiences
- Responsible and secure use of member data
Financial materiality · Outside-in
- Effective governance and strategic oversight
- Sound risk management and regulatory compliance
- Protection of member assets and financial sustainability
- Stakeholder trust and institutional credibility
Impact materiality · Inside-out
- Protection of members' savings
- Ethical and accountable decision-making
- Responsible investment and stewardship
- Public confidence in social security
Financial materiality · Outside-in
- Sustainable investment returns
- Long-term asset growth
- Climate and sustainability risks
- Portfolio resilience and long-term opportunity
Impact materiality · Inside-out
- Retirement security and financial wellbeing
- Domestic capital formation and national development
- Social inclusion and community wellbeing
- Environmental sustainability and intergenerational prosperity
All our material matters have a short-, medium- and long-term impact.