Double materiality is a forward-looking approach that considers both how an organization’s activities impact people and the environment (impact materiality) and how sustainability issues affect a company’s financial performance (financial materiality). By assessing each topic from these two perspectives, businesses gain a comprehensive understanding of risks and opportunities, ensuring responsible decision-making that balances social/environmental stewardship with long-term financial viability.
Instead of spending an entire year figuring out how to start and identifying your impacts, risks, and opportunities, use our AI tools to perform a complete double materiality assessment of your company. Get prepared for your CSRD report in less than 30 minutes.
Simply answer the questions below, run the report, and receive a comprehensive double materiality assessment in just 30 minutes!
What is your Company Name? | |
Describe your company business? | |
Where is your company located? | |
Describe where all your subsidiaries and branches are located and what are their business? | |
Describe your products and their applications? | |
Describe your supply chain and where are your suppliers located? | |
What are your most significant sources of energy consumption, and have you mapped related emissions (Scopes 1, 2, and 3)? | |
Which natural resources (e.g., water, raw materials) do you rely on the most, and in which regions? | |
How do you manage waste (hazardous or otherwise) and ensure proper disposal or recycling? | |
Are there local communities that could be affected by your operations (e.g., noise, air pollution, traffic)? | |
What community engagement or benefit programs do you have in place (charitable contributions, infrastructure support, etc.)? | |
If your operations or supply chain are in areas prone to human rights risks (forced labor, child labor), what due diligence processes do you have? | |
How do you assess the environmental footprint (resource use, emissions) across the entire lifecycle of your products? | |
Do you have circular economy initiatives (e.g., design for recycling, product take-back programs)? | |
Which upcoming regulations (environmental, labor, product standards) could impact your costs or operations? | |
How do you monitor and prepare for new or changing environmental/social regulations? | |
How could changes in consumer preferences (e.g., demand for greener products) affect your market share? | |
Are there new market opportunities for products/services that address sustainability challenges? | |
Which climate hazards (storms, floods, droughts, heatwaves) could disrupt your operations, supply chain, or distribution? | |
Do you have insurance coverage or contingency plans for weather-related events and natural disasters? | |
Are you investing in energy efficiency or other sustainability improvements to reduce operating costs? | |
How much CapEx/OpEx is allocated to meeting climate targets or sustainability commitments? | |
Could negative publicity around environmental or social issues (e.g., labor controversies, pollution incidents) harm your brand? | |
How do you monitor media and public sentiment about your sustainability performance? | |
Do investors or lenders ask for specific sustainability disclosures (e.g., TCFD, GHG Protocol, SASB)? | |
Could difficulty meeting investor ESG criteria limit your access to capital or affect your cost of capital? |
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