Efficient, Accurate, and Comprehensive Double Materiality Assessment

Transform your sustainability reporting with Terra Reporting's Double Materiality Assessment modulMA). Built on Microsoft Cloud for Sustainability, this SaaS digitizes and automates your double materiality assessment, aligning with the Corporate Sustainability Reporting Directive (CSRD) and other ESG frameworks. Whether adhering to CSRD or other ESG standards, our module adapts to your specific needs by combining robust qualitative and quantitative engagement methods to identify your organisation's most critical material topics.

Key Features:

Assessment Scope: Define and extend the range of sustainability topics.
Stakeholder Engagement: Engage effectively with stakeholders using multiple methods.
Materiality Matrix: Automatically calculate and visualize impact.
Disclosure Requirements: Streamline reporting and compliance processes.

Structured & Proven Process for Effective Double Materiality Assessment

Our module employs a streamlined process to ensure comprehensive assessment. We start by analyzing the organizational context, modeling the structure, identifying stakeholders, and documenting the value chain and activities. Next, we define the scope of the assessment, including both organizational and stakeholder dimensions, and tailor the sustainability topics to fit existing frameworks and specific needs. We then engage with stakeholders using various methods such as surveys, meetings, and panel discussions to gather data on impact materiality, financial materiality, and stakeholder importance. This data is consolidated into a materiality matrix to calculate and visualize impact and financial materiality scores, allowing us to identify and prioritize key material topics. Finally, we generate thorough documentation of the entire process and its outcomes, providing a comprehensive report that meets disclosure requirements and supports transparency, audit, and assurance processes.

Why Choose Terra Reporting’s DMA Module?

Terra Reporting’s DMA Module offers comprehensive assessment, enhanced stakeholder engagement, and an intelligent materiality matrix to identify key topics and make data-backed decisions. It streamlines disclosure requirements, ensuring compliance and audit readiness, while reducing time and costs. Enhanced stakeholder engagement methods ensure all perspectives are captured and integrated. Enjoy seamless integration with the Microsoft Cloud for Sustainability platform for efficient end-to-end reporting.

Discover the Future of Sustainability Reporting

Unlock the full potential of your sustainability initiatives with Terra Reporting’s DMA module. Embrace a faster, more accurate, and more comprehensive approach to double materiality assessment and stay ahead in your ESG reporting journey.

Experience the efficiency of Terra Reporting’s DMA module today and elevate your sustainability reporting.

Double Materiality Assessment

by Terra Reporting