Double Materiality Assessments
Get ahead (instead of getting a headache)
Trusted by ↓
Tap opportunities while others tick boxes
Instead of seeing your Double Materiality Assessment as a regulatory burden, we view it as a way to build your competitive intelligence.
We understand the complexities inside and out and simplify them for you and your team. And by mapping your entire ecosystem, we’ll reveal impacts, risks and opportunities with refreshing, strategic clarity.
Box-ticking is the easy part. We’ll help you achieve a whole lot more.
The steps we’ll take together
We’ll give you a comprehensive view and actionable insights, not just a compliance report ↓
Step 1
Understanding your bigger picture
Big opportunities require a broad view. First, we’ll dive deep into the landscape around you, researching your competitors, analysing your sector, and understanding your value chain. From here, we’ll build a tailored list of crucial topics that resonate with your stakeholders. We’ll also create a stakeholder map with you: the key to effective engagement.
Step 2
Identifying your IROs
That’s ‘Impacts, Risks and Opportunities’ in human-speak. We’ll comb through everything to develop IROs that reveal all the ways your organisation might be harming or helping people and the planet, as well as your business risks and opportunities. Instead of just sending out a survey, we’ll proactively engage your team, your customers and your community, analysing the IROs across your entire value chain.
Step 3
Scoring your IROs
We’ll work closely with your subject matter experts to help score your IROs, simplifying everything so your team can carry out the scoring with ease. We’ll also back it all up with rigorous justifications that underpin your scores. Finally, we’ll collaborate with you to develop an appropriate materiality threshold unique to you.
Step 4
Bringing it to life
We’ll gather the results and distil them into an engaging visual that gives your team the most valuable insights. You’ll get clarity on the key focus areas that matter most to your business and stakeholders, and understand the areas that you will need to report on for the ESRS. Most importantly, it will empower you to make more confident strategic decisions.
Step 1
Understanding your bigger picture
Big opportunities require a broad view. First, we’ll dive deep into the landscape around you, researching your competitors, analysing your sector, and understanding your value chain. From here, we’ll build a tailored list of crucial topics that resonate with your stakeholders. We’ll also create a stakeholder map with you: the key to effective engagement.
Step 2
Identifying your IROs
That’s ‘Impacts, Risks and Opportunities’ in human-speak. We’ll comb through everything to develop IROs that reveal all the ways your organisation might be harming or helping people and the planet, as well as your business risks and opportunities. Instead of just sending out a survey, we’ll proactively engage your team, your customers and your community, analysing the IROs across your entire value chain.
Step 3
Scoring your IROs
We’ll work closely with your subject matter experts to help score your IROs, simplifying everything so your team can carry out the scoring with ease. We’ll also back it all up with rigorous justifications that underpin your scores. Finally, we’ll collaborate with you to develop an appropriate materiality threshold unique to you.
Step 4
Bringing it to life
We’ll gather the results and distil them into an engaging visual that gives your team the most valuable insights. You’ll get clarity on the key focus areas that matter most to your business and stakeholders, and understand the areas that you will need to report on for the ESRS. Most importantly, it will empower you to make more confident strategic decisions.
Compliance isn’t the biggest prize
We can help you build organisational resilience and future-proof your business.
Using DMAs to hit regulatory requirements is the easy part. Ambitious leaders hire us to create more impactful changes across their entire value chain.
So, if you’re the type of person who thinks outside the tick-box, get in touch.
We're never cookie-cutter
And nor are our fees.
Contact us for a bespoke quote or book a call so we can learn more about your exact needs and get to know you a little. From there, we’ll put together your proposal with full costings.
"Thanks to Bioregional’s support on our Double Materiality Assessment, we're not only better positioned to meet the challenges of a changing world, but we're also strengthening our position as a sustainability leader within our industry."
Sam Warren
Sustainability Manager, Woodland Group
“The team at Bioregional has helped us build on previous sustainability successes with a knowledge-based and focused approach to deriving our Sustainability Plan - aligning with the UN Sustainable Development Goals and areas where we can make real difference.”
Peter Anderson
Managing Partner, Troup Bywaters + Anders
30 years. 30+ awards.
Our data geeks have checked, and that's a pretty good ratio.
And as a social enterprise, we’re committed to maximising our own impact, devoting time and resources to influencing policy and industry practices.
In other words: we really mean it.
Say hello
Get in touch with our Director of Sustainable Business, Debbie Luffman, and discover how we can help you.
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Ambitious, like you
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Brilliantly business-literate
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We make it easy
Thank you
We'll be in touch within two working days.
Skip the email tennis ↓
Let's chat when it suits you.
DMA jargon buster ↓
What is Double Materiality?
Put simply, a double materiality assessment is the most effective way to reveal your biggest impacts on people and planet, and the sustainability risks and opportunities that matter most to your business.
It's "double" because it considers both how your company affects the world, and how the world affects your company. If a sustainability issue is significant from either of these perspectives (or both!), then it's considered "material", and you should focus on it.
When supporting you on your DMA, we’ll cover:
- Impact materiality (inside-out): How do your company's activities (like your factories, products, or supply chain) impact the environment and society? For example, how much pollution do you create, or how well do you treat your workers?
- Financial materiality (outside-in): How do environmental and social issues affect your company financially? For example, how might climate breakdown impact your supply chain, or how could new regulations on pollution increase your costs?
How do DMAs, CSRD and ESRS all connect?
Double Materiality Assessments (DMAs) are the cornerstone of reporting under the Corporate Sustainability Reporting Directive (CSRD). And the CSRD relies on the European Sustainability Reporting Standards (ESRS) for its list of detailed requirements. (Check out our ESRS vs CSRD blog, or our CSRD & DMA blog for more in-depth explainers.)
You could conduct a DMA to develop an impactful sustainability strategy, or you could be doing it to comply with the CSRD – and we can support you in every aspect of both routes. (Check out our full CSRD support package here.)
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