Double materiality has two dimensions: impact materiality and financial materiality. A sustainability matter meets the criterion of double materiality if it is material from the impact perspective or the financial perspective or both.
Double materiality has two dimensions: impact materiality and financial materiality. A sustainability matter meets the criterion of double materiality if it is material from the impact perspective or the financial perspective or both.
A sustainability matter is considered important when it has significant positive or negative impacts on people or the environment in the short, medium, and long term. This includes impacts from the company's operations, supply chain, products, services, and business relationships.
Learn moreA sustainability matter is considered material if it has a significant impact on the environment or if it has a significant financial impact, or both.
Learn moreA sustainability matter is financially significant if it poses risks or opportunities that impact the company's financial position, performance, cash flows, access to finance, or cost of capital in the short, medium, or long term.
Learn moreESG factors, which include sustainability factors as defined in EU Regulation 2019/2088, encompass environmental, social, human rights, and governance considerations.
Learn more