Tag: Materiality

Many small and medium-sized enterprises (SMEs) that originally prepared for sustainability reporting in accordance with the ESRS or a voluntary DNK report are currently facing a turning point: the new Voluntary Sustainability Reporting Standard for SMEs (VSME) is a voluntary standard that provides for a significantly simplified procedure. A formal materiality analysis is no longer... Continue reading Wesentlichkeit vs. if applicable Prinzip – Rolle im VSME-Standard erklärt

The dual materiality analysis is a central component of the CSRD reporting obligations and a challenge for many companies. We repeatedly encounter similar questions in our consulting projects: 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... Continue reading Die doppelte Wesentlichkeitsanalyse: Häufige Fragen und Antworten

Together with the municipal utility network ASEW (Arbeitsgemeinschaft für sparsame Energie- und Wasserverwendung), we supported over 60 municipal utilities in carrying out a double materiality analysis. Based on the individual double materiality analyses of the participating municipal utilities, combined industry results were compiled and more than 25 value chains in 9 clusters were analysed.

Before reporting comes the double materiality analysis - Around 13,500 German companies are expected to have supplemented their traditional financial reporting with a sustainability report (non-financial reporting) by 2027. Comprehensive information on the topic of sustainability will thus become part of the management report subject to mandatory auditing. The reason for this is the Corporate Sustainability Reporting Directive (CSRD), as part of the "European Green Deal", which aims to restructure the European economy in a sustainable way.