CSRD Double Materiality Assessment

Integrating cutting-edge technology with impact expertise to navigate the complexities of CSRD and ESRS compliance. Set the first major step in your CSRD journey by understanding double materiality. The impact that you have on the world and the implications of that impact on your company is what you measure in a CSRD Double Materiality Assessment.

Our 5-step approach

Scan for Material topics

Let our Global Impact Database give you a first understanding of what topics might become material influences how much you have to disclose. Powered by AI, GID, IFRS

Decide on the threshold

Based on our Global Impact Database, we can give you a good idea of where your thresholds should be to stay within the Planetary Boundaries. This helps you decide what topics will be material in the last step.

Validate with stakeholders

Add your stakeholders to the tool so that you can question them through surveys, interviews or focus groups.

Gather data

Kick-off your journey while the tool and the e-learning guide you though setting up the project. Create a realistic timeline, involve your team and get sign-off.

Results

See the results in a scatterplot highlighting the most material topics in the right top corner. This is the most common way to visualise materiality.

What is Double Materiality?

A Double Materiality Assessment is the key to understand what ESG information you need to incorporate into your sustainability report. But, what is double materiality anyway? Double materiality is a concept in sustainability and finance that considers both the impact of environmental and social issues on an organization’s financial performance (financial materiality) and the impact of the organization’s operations and activities on the environment and society (environmental and social materiality). It emphasizes the interconnection between financial health and sustainable practices, urging organizations to assess and report on both types of impacts.

Distinguishing features

🌻 Impact Materiality

Determine the impact of your organisation’s operations and activities on the environment and society (environmental and social materiality).

πŸ’Ά Financial Materiality

Consider the impact of environmental and social issues on an your financial performance (financial materiality)

πŸͺ„ AI assisted

Harnassing the power of AI to streamline onboarding, materiality scanning and data collection.

πŸ—£οΈ Engage your stakeholders

Gather survey, interview and focus group data, all in one place.

πŸŽ“ Built in CSRD Academy

Kicksart your CSRD journey, make a plan, get signoff and learn along the way.

πŸ“Š Materiality dashboard

Visualising your materiality helps with both udnerstanding and communicating what topics are material within your organisation.

πŸ‘¨πŸΎβ€πŸ€β€πŸ‘¨πŸΌWork together

Spread the load of the work amongst your colleagees and offer them the CSRD knowledge they need to do their job.

πŸ›Ÿ On-demand support

CSRD can be daunting, and you might need some help along the way. We’re here for you.

Part of the CSRD Suite

Impact Institute provides a comprehensive solution for companies navigating the complexities of the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS). We provide integrated, user-friendly software, data, advisory and education solutions that simplifies and streamlines the CSRD and ESRS reporting process.

The one-stop-shop for CSRD compliancy by the impact experts themselve

“We chose the CSRD Suite by Impact Institute as our tool of choice because this allows you not only to comply with CSRD but also knows how to turn those numbers that your report on for the ESRS into impact metrics that help our business to understand how they are better then the average food company and also to start steering on impact.”

Volkert Engelsman
Chair Robin Food Coalition
Former CEO Eosta

Your investment for ESRS compliancy

Do it yourself

Our tool helps you on every step of the way. Just sign up today and start doing the Double Materiality Assessment yourself.

🌐 Global Impact Database Materiality Scan

πŸ“ˆ SASB integration for Financial Materiality

πŸ›Ÿ Expert advise for ESRS related questions

πŸ“‹ Manage and Survey your stakeholders

πŸ“Š Visualize Materiality on a dedicated dashboard

πŸ”Ž Auditable & documented process description

We do it with you

Our impact experts have years of experience doing hotspot analyses and materiality assessments. Let us do this assessment for you while you learn along the way.

🌐 Global Impact Database & IFRS Materiality Scan

🟨 Workshop to determine thresholds, stakeholders and methods

πŸ—£οΈ Questionnaire and interview preparations

πŸ“‹ We survey your stakeholders

πŸ“Š Data Gathering and Results Analysis

πŸ“‘ Custom reporting and expert review

πŸ’» Full access to the CSRD suite for 4 months

Don’t know where to start?

A unique e-learning experience for professionals who want to acquire the necessary competencies, knowledge and skills to understand the process of CSRD initiation and implementation of CSRD.

Get into contact with one of our CSRD experts to answer your question regarding the ESRS or CSRD.