Sustainability reporting

Double materiality

Published Reviewed

Written and reviewed by Fredrik Surtell

Double materiality is the CSRD principle that a sustainability topic must be reported when it is material from either of two directions: the company’s impact on people and the environment (impact materiality), or the topic’s effect on the company’s own financial position (financial materiality). A topic qualifies if it passes either test, not only both. The double materiality assessment decides which ESRS disclosures a company must include in its sustainability statement.

Läs definitionen på svenska: Dubbel väsentlighet

Also known as: Double materiality assessment · Väsentlighetsanalys

Where this term does its work

This definition is general information, not legal advice. Always verify the current official source.