Double Materiality
has become a global issue

Whether you are an organisation or a citizen, you are directly concerned. Remaining with a Financial Materiality approach results in a status quo, where companies fail to take into account their stakeholders and the planet.

Europe, which has deployed this concept courageously and consistently, with objectives aimed at enabling companies to protect the planet while at the same time protecting themselves, is in the process of being persuaded to abandon Double Materiality.

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This is Double Materiality

Double materiality is a concept in sustainability reporting that considers two key aspects: how environmental, social, and governance (ESG) issues impact an organization's operations and financial performance, and how the organization's actions affect ESG issues and broader society.

This approach extends beyond traditional Financial Materiality by recognizing that sustainability matters can be material from both an impact perspective and a financial perspective.

Key benefits for organisations and the planet

Double Materiality provides a 360-degree view of an organization's risk landscape, encompassing both financial and non-financial factors. This approach ensures that companies can identify and evaluate a broader spectrum of risks, including those related to environmental, social, and governance (ESG) issues.

By considering both financial and impact materiality, organizations can better align their sustainability efforts with the expectations of diverse stakeholders, including investors, customers, employees, and communities. This fosters trust, enhances reputation, and builds stronger relationships with key stakeholders.

Double Materiality integrates sustainability considerations into core business strategies, enabling more informed and forward-thinking decision-making. It helps companies identify areas where sustainability efforts can create the most value, ensuring that resources are allocated effectively.

As sustainability reporting requirements evolve, Double Materiality helps organizations stay ahead of regulatory changes. It ensures compliance with directives like the Corporate Sustainability Reporting Directive (CSRD) and aligns with international standards, reducing legal and reputational risks.

By identifying potential sustainability-related risks early, companies can develop mitigation strategies before issues escalate. This proactive approach helps organizations build resilience and adapt to changing environmental and social landscapes.

Double Materiality isn't just about managing risks; it's also about uncovering new opportunities. By understanding both their impact on the world and how external factors affect them, companies can innovate, differentiate themselves in the market, and drive sustainable growth.

About "us"


We believe that knowing who is defending Double Materiality is of little interest given the obvious stakes, and that it is preferable to focus on them.

This group was created in 2021 to support Double Materiality on a global level, particularly in anticipation of the considerable forces that will have to be mobilised to move away from the Single Materiality approach.

And we were right, because the forces of business as usual are enormous. Sustainability must be defended by all those who understand that we cannot sacrifice the future for short-term business interests.

We are not a single entity, but an association of several stakeholders:

  • Companies (Public and Private)
  • Investors (Asset Owners and Asset Managers)
  • Accountants
  • Academics
  • Scientists
  • Standard setters
  • Auditors
  • Insurers
  • Bankers
  • Lawyers
  • Scientists
From all 5 continents