What is Double Materiality?

Sustainability reporting is evolving, and double materiality is now a key principle.

It requires companies to evaluate and disclose:
1️⃣ Their impact on society and the environment.
2️⃣ How sustainability issues affect their financial well-being.

Backed by frameworks like the Corporate Sustainability Reporting Directive (CSRD), double materiality ensures sustainability and financial reporting are treated with equal importance.

📊 Did you know? 75% of investors say materiality should include external impacts, highlighting the push for greater transparency.

So, in this carousel, we break down:
✅ What double materiality is and why it matters.
✅ The differences between financial and impact materiality.
✅ Real-world examples of how businesses are applying double materiality.
✅ Global standards like CSRD and ESRS shaping the reporting landscape.