Double Materiality: How to get started in 5 simple steps
Download this free ebook to learn what double materiality is, and how to get started integrating that approach in your materiality assessment process.
Whether you have already started to adopt a double materiality approach for your annual reporting, or this is the first time you hear about it, this ebook is for you.
Adopted by the EU Commission in April 2021, the new Corporate Sustainability Reporting Directive proposal (CSRD) is setting common European reporting rules, requiring more than 50,000 companies to report sustainability information according to mandatory EU sustainability reporting standards and to conduct a double materiality assessment.
Despite the name, a double materiality assessment does not require conducting two separate assessments or drawing two separate matrices. It requires gathering evidence, assessing, and explaining why issues are material from the “impact” (stakeholders) perspective and/or from the “financial” perspective. But where to start?
Download this free ebook to learn the key elements of the new EU Sustainability Reporting Standards, and how to conduct a double materiality assessment in 5 simple steps.
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JEAN-XAVIER HECKER & HUGO DUBOURG
Co-heads of J.P. Morgan’s EMEA ESG & Sustainability Equity research
"Clarification of the notion of “Double” and “Dynamic” materiality is a major step forward for both ESG reporting and ESG investing.
An ESG integration process driven by double materiality allows to differentiate between ESG issues which are currently “externalities” vs. the ones which are currently affecting the financial results of a company. As such, every user of ESG data can design an investment process which best suits their own objectives."
What will I find in this ebook?
In this guidance, you will find everything you need to:
- Understand the key aspects of these policy developments, and how requirements are changing;
- Adopt a double materiality approach in your strategic planning, risk management, board oversight, and annual reporting processes;
- Set up a structured, systematic, data-driven and regular double materiality assessment process; and
- Establish the needed governance structures to ensure oversight of the materiality assessment process.
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