Consulting in the area of ESG/sustainability
Materiality analysis: Focus on relevant sustainability issues
The Materiality analysis Sustainability management is a key tool for companies that want to systematically manage and report on their sustainability efforts. It helps to identify relevant topics, set priorities, and implement targeted measures.
Furthermore, the materiality analysis also forms the basis for further sustainability work: It provides the technical foundation for your sustainability strategy, your Sustainability management as well as yours Sustainability reporting according to CSRD or VS.
Our consulting services: Identifying key issues together
Our services
Creating a long list with all
potentially relevant impacts, risks and opportunities for your company along the entire value chain
Involvement of stakeholders from purchasing, human resources, production and sales – supplemented by external perspectives from customers, suppliers or employees
Evaluation and prioritization of the identified issues with regard to their impact and financial materiality.
Your benefits
Early identification of risks and opportunities
Tip: Even without a legal obligation (e.g., for security purposes), a simplified materiality analysis can be useful. A simplified materiality analysis can be achieved, for example, by reducing the scope, the assessment methodology, or the number of people involved.
Frequently asked questions about materiality analysis
Why is a materiality analysis important?
It helps you identify which ESG issues your company should truly address and creates the data foundation for goals, actions, and priorities. Furthermore, it prepares reporting according to CSRD or VS and helps identify risks and opportunities early on.
Which individuals should be involved in a materiality analysis?
Internally, in addition to management, representatives from purchasing, human resources, production, and sales should ideally be involved. The inclusion of external stakeholders such as customers, suppliers, or employees is also recommended.
How often should a materiality analysis be renewed?
We recommend an annual review to determine whether there have been any relevant changes to the business model that require adjustments.
Is a materiality analysis mandatory?
Within the framework of the CSRD/ESRS, a double materiality analysis is mandatory. Under the VS standard, it is voluntary, but can also be used in a simplified form to provide a basis for concepts, objectives, and measures.
What does "dual materiality" mean?
It considers two perspectives: how your company impacts the environment, social issues, and governance (impact materiality) and how sustainability issues can financially affect your company (financial materiality). Together, these constitute the material issues as defined by the CSRD/ESRS.
How long does it take to conduct a materiality analysis?
This depends on company size, complexity, and the extent of stakeholder involvement. A focused analysis can often be completed in a few weeks, while more extensive processes can take several months.
Other topics covered in our sustainability consulting
Your contact person for sustainability
Thomas Nienhaus
Frankfurt office
Phone: +49(0) 69-9593 2050
Email: thomas.nienhaus@arqum.de
Thomas Nienhaus is Head of Sustainability and is therefore responsible for the further development of our services in the area of sustainability and Corporate Social Responsibility (CSR) – especially within the framework of the Corporate Sustainability Reporting Directive (CSRD).
As a senior project manager, he leads complex projects in the field of environmental, energy, and climate management. He also handles the overall coordination, planning, and execution of workshops and networking meetings, as well as advising companies, for several ÖKOPROFIT® projects.
References
Customer projects CSR / Sustainability
Climate balance
Climate and sustainability management
Energy management system according to ISO 50001
Continuing education and training
Seminars & Webinars
Current information
News CSR / Sustainability
New deadlines and alternative courses of action for the Corporate Sustainability Reporting Directive (CSRD): The EU
We Impact is an integrated sustainability management system developed by KATE e. V. with the participation of
Regulatory requirements in the area of sustainability are evolving: The EU Omnibus Procedure
Together with our project partners Institute for Ecological Economic Research (IÖW) and Fair Finance Institute
The CSRD reporting obligation is a major concern for us and our cooperation partners: We are currently conducting around 30
The Kalle Group, a manufacturing company with around 1.500 employees and locations worldwide.
Deutsche Bahn and the train drivers' union GDL are currently at odds again.
