Double materiality analysis for CSRD report
An essential part of any CSRD report; well done a valuable analysis.
A dual materiality analysis assesses the relevance and impact of ESG factors on both the organization and its stakeholders, including external parties such as customers, suppliers and communities. This approach forms the basis for strategic decision-making and reporting, as required by the CSRD.
At Kyden, we work with our strategic partner and CSRD specialist 'Movetoimpact' to conduct this analysis. We present the output in a BI environment, including an interactive dashboard.
Pathway and cost for dual materiality analysis
Setup and schedule:
The complete process consists of 6 steps, with a lead time of 4 to 6 months.
- Preparation
- Stakeholder survey
- Identification of risks and opportunities
- Identification of financial materiality
- Translation to strategy and KPIs
- Communication
Cost:
The cost is approximately €35,000 per track, with a variable additional cost of €600 per stakeholder interview.