The dual materiality analysis is a central component of the CSRD reporting obligations and a challenge for many companies. In our consulting projects, we repeatedly encounter similar questions: How do we delineate the value chains in a meaningful way? How do we identify material impacts, risks and opportunities? Which stakeholders should we involve? To provide clarity, we have summarised the most frequently asked questions along the...Read More
For many companies, their stakeholders and the interested public, the 1920s will be remembered as a decade of greater transparency on corporate sustainability. The new European regulations on reporting obligations also place an obligation on small and medium-sized enterprises. The regulations with their more than 200-page annexes can quickly become overwhelming....Read More
In preparation for the EU's Corporate Sustainable Reporting Directive (CSRD), an ever-increasing number of companies are addressing sustainability and, in particular, climate risks. Companies are looking at this from two perspectives: Inside-out perspective: the company causes risks for the environment and society (e.g. greenhouse gas emissions) Outside-in perspective: risks for the company due to developments in the environment and society (e.g. greenhouse gas...Read More
The materiality analysis is one of the basic instruments of sustainability reporting and offers an ideal starting point for a stakeholder dialogue. This is because it provides answers to the three important questions when determining material sustainability aspects (based on the definition of the German Sustainability Code): Stakeholder perspective: Which sustainability aspects are of particular relevance to the company's stakeholders? "Perspective from the company: Which company activities...Read More
For companies, materiality describes their impact on society and the environment - and vice versa. Once you have recognised your materiality, you can develop a strategy and measures based on this in order to act sustainably. In this article, we therefore provide an example of how you can work with the United Nations Sustainable Development Goals (SDGs) in order to...Read More
