Double materiality explained
First introduced by the EU Commission as part of the Non-Binding Guidelines on Non-Financial Reporting Update, double materiality essentially expands the traditional concept of materiality.
Materiality is a tricky concept in itself; identifying and measuring material issues can be a challenging proposition. While it might seem that double materiality should be twice as challenging, that doesn’t have to be the case.
Join a session led by Donato Calace, VP of Accounts and Innovation at Datamaran to see how you can achieve double materiality on Datamaran.
- Learn about the concept of double materiality and what it means to business
- See how you can run double materiality analysis on Datamaran in real time
- Understand wider ESG regulatory developments and the rationale behind double materiality.
Update: Datamaran submission to the NFRD public consultation
On 10 June 2020, Datamaran responded to the European Commission on Non-Financial Reporting Directive, focusing on the application of the materiality principle.
Our response can be articulated on four main pillars:
See how Datamaran works
Datamaran is the only software analytics platform in the world that identifies and monitors external risks, including ESG. Trusted by blue-chip companies and top tier partners, it brings a data-driven business process for external risk and materiality analysis. In house - at any time.
Datamaran’s patented technology offers real-time analytics on strategic, regulatory and reputational risks, specific to your business and value chain.
Fill the form on the right to get your complimentary demo of Datamaran.
“Data-driven materiality helps us to take better strategic decisions.”
Antoni Ballabriga, Global Head of Responsible Business, BBVA
The only software in the world for external risk management