How CFOs Should Assess Materiality in ESG
The dominant discussions in ESG or corporate sustainability were once about “winners and losers.” These discussions are now deprioritized. Given the pace of change occurring in the regulatory domain, it’s not about lists and box-ticking anymore.
A recent example of this is the European Commission’s proposal for a Corporate Sustainability Reporting Directive (CSRD). Now, the CSRD has tightened the screws and 50,000 companies in the EU will be required to start disclosing on the topics that matter most to them. But what makes the potential global impact of the CSRD so special is the prominence of the concept of “double materiality”.
Read Marjella Lecourt-Alma article about the dominant discussions in ESG or corporate sustainability on Strategic CFO 360.