Sustainability Consultancy

CSRD Double Materiality Assessment

What is a Double Materiality Assessment?

The EU Corporate Sustainability Reporting Directive (CSRD) requires companies to conduct a Double Materiality Assessment — identifying not only how sustainability issues affect your business (financial materiality) but also how your business impacts people and the environment (impact materiality).

Two Sustainability Angles

Unlike traditional reporting, CSRD requires companies to look at sustainability from two angles. Together, these perspectives ensure your reporting is comprehensive, transparent and aligned with European Sustainability Reporting Standards (ESRS):

01

Impact Materiality

How your operations, supply chains and products affect society and the environment.

02

Financial Materiality

How sustainability risks and opportunities affect your company’s financial performance and long-term resilience.

How can True Solutions help?

Materiality Screening & Stakeholder Mapping

We identify relevant ESG topics across your value chain and map the stakeholders who influence or are impacted by your business.

Double Materiality Assessment

We conduct structured assessments to determine which issues are financially material and which are impact material, in line with CSRD and ESRS guidance.

Prioritisation & Heatmaps

We visualise results in clear materiality matrices and heatmaps to help you prioritise focus areas.

Reporting Alignment

We ensure your disclosures align with CSRD, ESRS, and other frameworks (such as Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosures (TCFD) and International Sustainability Standards Board (ISSB)), making reporting smooth and defensible.

Training & Capacity Building

We equip your teams with the knowledge to understand double materiality and integrate it into their strategies, processes and decision-making.

Frequently Asked Questions

Who needs to carry out a Double Materiality Assessment?

All companies within the scope of the Corporate Sustainability Reporting Directive (CSRD) must perform one. This includes:

 

Large EU companies meeting two of these three criteria: >250 employees, >€40m turnover, or >€20m assets.

EU-listed SMEs (with some phase-in periods).

Non-EU companies generating >€150m turnover in the EU with a subsidiary or branch in the EU.

How does the Double Materiality Assessment connect with ESRS?

The European Sustainability Reporting Standards (ESRS) require disclosures only on topics deemed material. The Double Materiality Assessment is the process that determines which ESRS topics you need to report on.

Can a CSRD Double Materiality Assessment form part of a broader ESG Strategy?

Yes. We have experience in conducting ESG strategies, which include a CSRD Double Materiality Assessment if requested.

What are the benefits of a Double Materiality Assessment?

It’s not just about compliance — it helps you:

 

Identify your most significant sustainability risks and impacts

Prioritise ESG issues that matter most to stakeholders and investors

Build trust through transparent reporting

Strengthen long-term resilience and strategy

How long does a Double Materiality Assessment take?

The timeline depends on company size and complexity. For most businesses, the process typically takes around 3-6 months; however, larger, multi-country operations may require additional time.

Want To Discuss Your Requirements?

Tired of one-size-fits-all approaches? We deliver custom and impactful solutions. We have the expertise and experience needed for everything from regulatory compliance and ISO certification support through to developing and deploying complex ESG strategies. Let’s discuss a solution tailored precisely to your requirements.