Double Materiality

The concept of materiality is integral to sustainability reporting. In the future, CSRD obligations will require a “double” materiality analysis to be carried out when assessing the topics specified by the European Sustainability Reporting Standards (ESRS).

According to this concept, companies and organizations should report on sustainability-related topics that are associated with significant risks or opportunities for the development of the company (Financial Materiality) and/or on topics which the company – negatively or positively – exercises significant influence (Impact Materiality).

Ähnliche Beiträge