Understanding CSRD and Double Materiality Assessment

Join us as we delve into the Corporate Sustainability Reporting Directive (#CSRD) and its fundamental component: the Double Materiality Assessment (DMA). In this informative video, we explore how DMA forces organizations to analyze their societal and environmental impacts, considering not only the potential risks and opportunities to their operations but also the implications of their activities on the environment and society.
Learn about the "Outside-In" and "Inside-Out" materiality dimensions and how they can influence a company's strategic planning and decision-making. Uncover how DMA transparency can foster corporate transparency, satisfy stakeholder demands, and potentially give companies a competitive advantage.
We also discuss stakeholder engagement, crucial in identifying sustainability matters of significant importance, and present effective strategies to navigate the DMA under CSRD. This includes setting up a cross-functional team, leveraging existing frameworks, developing robust data management systems, and ensuring clear communication of results.
Whether you're new to the concept of CSRD and DMA or looking to deepen your understanding, this video will provide you with valuable insights into enhancing business resilience and competitiveness in an increasingly sustainable world.
Remember to subscribe for more updates on CSRD compliance and more. We look forward to welcoming you in the next one!
#csrd #doublemateriality #TheCSRDCompass #esgreporting #sustainabilityreporting
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[@leratotakalo5997]

Very informative