Materiality Analysis
Your Challenge:
After the first involvement with sustainability, many companies realise that...
they fall under the european Corporate Sustainability Reporting Directive (CSRD) and must report according to the European Sustainability Reporting Standards (ESRS), the core of which is the issue of "dual materiality".
the issue of dual materiality as required by the European Sustainability Reporting Standards (ESRS) is very complex and not intuitively manageable
there is a need for an approach that, at best, provides benefits that go beyond mere reporting, but at the same time is as pragmatic as possible to prevent getting bogged down.
the needs and requirements of key stakeholders are unclear to them
stakeholders expect them to report in line with approved sustainability reporting standards such as GRI (Global Reporting Initiative) or DNK, which requires a materiality analysis to be carried out
the internal and external priorities in the sustainability context are not 100% clear
they need objective results that are not influenced solely by the internal view of the company
Your Benefit:
Conducting a double materiality analysis in line with the requirements of the EU Corporate Sustainability Reporting Directive (CSRD) is the most important step in developing a sound sustainability strategy. It gives companies clarity about their priorities and focal areas. Further objectives, measures and KPIs can be derived on the basis of a materiality analysis, which are essential for a solid sustainability strategy. Communicating the results of a materiality analysis shows stakeholders where your company's priorities are, thus enhancing credibility and reputation. A detailed materiality analysis demonstrates that your company has addressed sustainability issues in a substantial manner.
Our Offer:
Our team of sustainability experts...will firstly be glad to explain to you in detail what it is all about and whether your company currently is or will be subject to reporting obligations in the furure
supports you in complying with the requirements of the CSRD and the disclosure obligations under the EU reporting obligation with regard to dual materiality
carries out the work on the required dimensions of materiality (impact materiality and financial materiality) for your company
in doing so, we pay attention to the beforehand defined correct cost-benefit ratio and together we select the building blocks that are truly valuable to your company
use our long-standing tools in such a way that you can report on the relevant disclosure obligations while the findings provide you with insights that go beyond mere documentation
conducts surveys of the relevant stakeholders in person or online in accordance with the AA1000SES