ESG newsletter

In previous ESG newsletters, we have introduced you to an overview of legislation regulating ESG and non-financial reporting, specifically the Corporate Sustainability Reporting Directive (CSRD), European Sustianability Reporting Standards (ESRS) and the EU Taxonomy Regulation. Today we will focus on double materiality assessment, which is a crucial part of the implementation of the legislative requirements. We will guide you through the basic principles and concrete steps that the assessment involves, but we will also look at recommendations for the implementation and conducting of double materiality in practice.

In today’s business world, where environmental, social and governance (ESG) factors play an increasingly important role, it is essential that companies understand the relevant legislation, fully engage in its compliance and adopt its principles. Sustainability, the proper care of people and honest management should be an integral part of every company’s business. The subsequently acquired transparency that the implementation of these factors brings can be an important feature of the company on the market.