Double Materiality Assessment
In a Double Materiality Assessment (DMA) you not only assess the impact that your company has on people, society and nature. You also assess the financial impact of the risks and opportunities associated with external developments in the area if ESG.
Topics where either your company has a significant impact and/or topics where your company faces a significant financial risk or opportunities are considered material. These topics will feed your strategy. And stakeholders wish to understand how you are managing these impacts, risks and opportunities.
The outcome of a DMA is a crucial step for your sustainability agenda and for your sustainability reporting. It should paint a representative picture that is complete and relevant. To your company and your stakeholders.
Intire has developed a phased approach whereby we start with a generic long list of topics that we will narrow down with the input and views from the different stakeholder groups. To ultimately arrive at a company specific shortlist that have a score on scale, scope and irremediability. And whereby we understand the magnitude and likelihood of risks and opportunities.
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