CSRD & ESRS – så förändrar EU spelreglerna för hållbarhetsrapportering
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Double materiality assessment – your compass for sustainability
With all due respect to CSRD and ESRS – why has the EU made it so complicated? Get a clear map of your material sustainability topics with Wellfish's double materiality assessment module. AI-supported, automated and built to turn complex requirements into clear decisions.
From assessment to finished disclosure – fully automated
Historical log
Full traceability from start to finish. See who did what, when and how – everything is stored in a transparent history that holds up to audit.
Reasoning box
Justify your assessments directly in the system at each sustainability topic.
Documents & references
Link documents, files and other supporting material to your sustainability topics and disclosure requirements/data points. Your company thus gets all the evidence gathered under one roof.
Perks of our double materiality module 🌱
Do you want to go from "ahh, we should, but…" to "DONE!?!"? Our module is built so that you can easily navigate your most important sustainability topics without drowning in legal text or hundreds of rows in Excel.
Built for both large and small companies.
The materiality assessment offers a scalable interface and can scale from large companies and CSRD/ESRS to smaller companies and VSME.
Complicated assessment? We make it simple.
Make advanced assessments directly in the platform, with built-in guidance and clear weighting.
Requirement interpretation & descriptions
Leave uncertainty behind. The module contains detailed requirement interpretations, descriptions and explanations of terms – so that everyone in the organisation understands both what is to be reported and why.
Get a complete picture of your sustainability topics with Wellfish
To make things easier for you, we have created smart links throughout the system, so you have the opportunity to gather all your sustainability work under one roof.
Link to value chain & stakeholders
Map your value chain and linked stakeholders with Wellfish modules. Bring this assessment into the materiality assessment – where you can link each sustainability topic to impacts, risks & opportunities in the value chain.
The sustainability thread that ties it all together.
From value chain and stakeholders to double materiality, data collection and finished report. The module is one part of your sustainability work. Wellfish likes to say it is a coherent thread running through the entire system. Although internally we sometimes call it the green one. After all, sustainability is what we do.
Automatic link between sustainability topics and assessment
What your company deems material is linked directly to the right questions and indicators. You always get a clear picture of how your progress and your assessment connect with the rest of your reporting and data collection. And you get to feel that you are actually making real progress.
📊 Visual dashboards
Seriously – how hard is it for companies with more than one material topic to keep track of their progress in the materiality assessment? Not to mention when there are several companies. With the Wellfish platform you get access to several visual dashboards. All so you can get a clear picture of your progress across the different sustainability topics.
What exactly is double materiality?
Double materiality is at the heart of CSRD and the very starting point for sustainability reporting. It shows which sustainability topics are most important for your specific operations – from both an internal and an external perspective. By analysing how you affect the world around you, and how changes in that world affect you, you get a clear picture of where risks, opportunities and real impact lie. The result is a prioritised map of what you need to focus on, act on and report on.
Impact and financial materiality according to CSRD
Double materiality is based on two perspectives: Impact materiality shows how your company affects people, the environment and society. Financial materiality shows how sustainability topics affect your finances, business model and profitability. Together they give a complete picture of which topics are most critical to act on and report on under CSRD.