M2-C5. Analysis of Dual Materiality

M2-C5. Analysis of Dual Materiality

You cannot build an effective sustainability strategy without knowing what is truly material for your company.

51 lessons 1 quiz 4 hours Intermediate
1,250.00 RON
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About This Course

Double Materiality Assessment (DMA) It represents the starting point for CSRD reporting and the process of establishing an organisation’s ESG priorities, identifying the impacts, risks and opportunities that influence both the company’s performance and its effects on the environment and society.

This course provides you with a comprehensive methodology for carrying out a Double Materiality Analysis, from mapping the value chain and engaging stakeholders, through to identifying and assessing impacts, risks and opportunities (IROs), setting materiality thresholds and constructing the materiality matrix, in accordance with ESRS requirements. You will learn how to transform a complex compliance exercise into a strategic tool that underpins business decisions, investments and sustainability reporting.

This isn’t just a course on the CSRD. It’s the course that changes the way you view your organisation. Because a well-conducted Double Materiality Analysis does not merely produce a report; it provides a clear picture of emerging risks, development opportunities and the areas in which the company can generate the greatest economic, social and environmental value. If you want to build a robust, evidence-based ESG strategy aligned with the latest European standards, this course is one of the most valuable investments you can make in your professional development.

Course Content

9 chapters • 51 lessons • 1 quiz

Dual Materiality Analysis 2 items
  • 1 🔒
    Course Cover
  • 2 🔒
    From theory to practice
Realising the approach 6 items
  • 3 🔒
    Define the need
  • 4 🔒
    Brainstorming
  • 5 🔒
    Set categories
  • 6 🔒
    Involve IPs - stakeholders
  • 7 🔒
    Prioritise
  • 8 🔒
    Approve
Standards 3 items
  • 9 🔒
    What do the applicable standards say?
  • 10 🔒
    Less lofty goal - narrowing the reporting scope
  • 11 🔒
    What the standard says
Analyses 11 items
  • 12 🔒
    Dual materiality analysis =/= value chain analysis
  • 13 🔒
    DMA and materiality analysis according to GRI/SASB
  • 14 🔒
    EFRAG, Initial Observation Practices
  • 15 🔒
    The 4 main steps in analysing dual materiality
  • 16 🔒
    Contextual analysis - Background
  • 17 🔒
    Contextual analysis - Methodologies
  • 18 🔒
    Materiality Analysis (meaning) - concept
  • 19 🔒
    ESG Materiality Materiality Analysis
  • 20 🔒
    Exercise
  • 21 🔒
    The DMA concept required by the new standards
  • 22 🔒
    Dual materiality analyses in practice
Value chain 4 items
  • 23 🔒
    Value chain mapping
  • 24 🔒
    Steps in analysing the value chain
  • 25 🔒
    Important
  • 26 🔒
    Example Value Chain
Stakeholders 7 items
  • 27 🔒
    Parties involved in the WFD process
  • 28 🔒
    ESRS 1 - stakeholder-related requirements
  • 29 🔒
    Categories of stakeholders
  • 30 🔒
    Stakeholder categories - NEED TO KNOW
  • 31 🔒
    Stakeholder engagement baselines
  • 32 🔒
    TO RETAIN
  • 33 🔒
    Identifying IP in the value chain
IRO 14 items
  • 34 🔒
    Impact, Risks and Opportunities (IRO) identification and assessment
  • 35 🔒
    The company's impact on the environment and society (effects)
  • 36 🔒
    Sustainability issues that can affect your organisation
  • 37 🔒
    Sustainability issues
  • 38 🔒
    How to start identifying IROs?
  • 39 🔒
    Sample list of ESRS themes and sub-themes
  • 40 🔒
    Sample biodiversity analysis
  • 41 🔒
    Setting thresholds - What does the standard say?
  • 42 🔒
    Threshold setting options
  • 43 🔒
    TO RETAIN
  • 44 🔒
    Example of qualitative and quantitative thresholds
  • 45 🔒
    Impact assessment and quantification
  • 46 🔒
    One example: releasing pollutants
  • 47 🔒
    Assess and quantify risks and opportunities
Result of the Dual Materiality Analysis 3 items
  • 48 🔒
    What does a DMA result look like?
  • 49 🔒
    Significance analysis
  • 50 🔒
    Example First Climate DMA
QUIZ 2 items
  • 51 🔒
    Test your knowledge
  • 52 📝
    Analysing double materiality Quiz
    Pass: 70%

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