ESG Talk 4 | Performing a double materiality assessment
Once a company has established its business context and involvement of stakeholders (ESG Talk 3), it is time to identify the actual and potential impacts, risks and opportunities, the so-called IRO’s, related to sustainability matters. The next step is to assess and determine the material impacts, risk and opportunities.
In ESG Talk 4, Tammy Verberk and Erik Boonen continue their discussion on the double materiality assessment process in connection with the EFRAG implementation guidance on double materiality. They discuss how companies can compile a list of relevant impacts, risks and opportunities and how this list – based on the impact and financial materiality – will result in a list of material topics for the sustainability reporting.
