CSRD: what is double materiality and how to analyze it?

The concept of dual materiality is essential for corporate social responsibility (CSR) and sustainability, integrating financial and non-financial aspects. CSRD aims to merge these dimensions in reporting, providing a comprehensive overview of corporate performance and responsibility. financial materiality concerns key financial data, while impact materiality encompasses environmental, social and governance (ESG) issues. CSRD requires transparent disclosure to enable stakeholders to assess a company’s overall impact. by managing these aspects, companies can reduce risks and seize opportunities for innovation and growth. dual materiality analysis requires an ongoing commitment by companies to improve their sustainability practices and develop action plans aligned with these issues, with regular monitoring using appropriate reporting tools.