Double Materiality Assessment

Comply with CSRD and understand your ESG risks and impacts. ECG conducts full double materiality assessments to guide strategy and reporting.

A double materiality assessment helps your organization identify sustainability issues that impact both your financial performance and your effects on the environment and society. ECG’s assessments are aligned with the EU’s CSRD and global best practices, providing a robust foundation for risk management, ESG reporting, and long-term strategy.

What is Double Materiality?

Double materiality examines two perspectives: how ESG issues affect your business financially (outside-in), and how your operations impact society and the environment (inside-out).

Financial Materiality: Understand how climate, environmental, and social risks could affect enterprise value and business continuity.
Impact Materiality: Analyze how your organization’s activities affect people, ecosystems, and communities across the value chain.
Required by Regulation: Mandated under the EU’s Corporate Sustainability Reporting Directive (CSRD) and supported by frameworks like GRI.

Our Double Materiality Assessment Process

We guide your team through a structured assessment that aligns with stakeholder needs and regulatory standards.

Materiality Mapping: Identify and prioritize ESG issues based on significance to your business and stakeholders.
Impact Analysis: Evaluate short- and long-term implications of sustainability topics on financial performance and societal impact.
Stakeholder Engagement: Use surveys, interviews, or workshops to incorporate input from investors, employees, and community members.
Strategy Integration: Translate assessment results into actionable ESG strategy and reporting priorities.
Compliance Documentation: Generate outputs aligned with CSRD, GRI 2021 Standards, and investor expectations.

Why It Matters

Double materiality ensures your ESG strategy reflects both internal risks and external impacts—creating transparency and resilience.

Meet Regulatory Requirements: Fulfill disclosure obligations under CSRD and other jurisdictional frameworks.
Improve ESG Ratings: Better identify and report on material issues that influence ratings agencies and investor decisions.
Align with Stakeholder Expectations: Ensure that your sustainability narrative reflects the values of customers, employees, and shareholders.
Strengthen Strategic Planning: Use insights to inform risk assessments, opportunity mapping, and long-term ESG goal-setting.