Double Materiality Assessment under the ESRS (2025) Double materiality is at the heart of the ESRS and the CSRD. It requires organizations to assess both their impacts on society and the …

Feb 22, 2022 · The basis of this overarching system has to be double materiality. That is the only way to achieve the comparable and effective reporting needed to drive corporate …

Double materiality, in essence, reflects the new practical nature of sustainability reporting and the recognition that impact, and financial reporting are interconnected and that reporting ideally …

The double-materiality concept as ‘guiding principle’ in the GRI Standards From climate change and biodiversity loss, to growing inequality, modern slavery, and scarcity of resources, our …

materiality.’ They will also have to gauge how sustainability issues, in turn, affect their bottom-line or ‘sustainability-related financial materiality.’ This will help make economic activity more …

Financial materiality and impact materiality together under the umbrella of ‘double materiality’ are the only relevant forms of materiality, with both perspectives needed in a two-pillar structure - …

Nov 5, 2024 · Embracing impact materiality is a necessity for measuring financial resilience According to Peter Paul, disclosing corporate sustainability impacts is becoming essential to …

Each of these standards has a different but related focus: GRI addresses the impacts of an organization on the economy, environment and people (impact materiality), the ISSB focuses …

The global standards for sustainability impacts The GRI Standards enable any organization – large or small, private or public – to understand and report on their impacts on the economy, …

They provide crucial input for identifying financial risks and opportunities related to the organization’s impacts, and for financial valuation. This in turn helps in making financial …