Double Materiality Compass
Description
This tool is designed to help businesses conduct a double materiality assessment in a simple and efficient way. By completing a structured survey, businesses can assess key sustainability topics across their operational activities, supply chain, costs, and compliance risks. From these responses, a double materiality matrix is automatically generated, providing a clear visual representation of the most significant areas of impact and risk.
Unlike traditional comprehensive assessments that require significant resources, this tool is a practical starting point, particularly for small and medium-sized enterprises (SMEs). It allows businesses to take their first steps in materiality assessment without the complexity and cost typically associated with such exercises.
What's Included
- Dual Focus Assessment – Evaluates both impact materiality and financial materiality in one integrated tool.
- Covers 16 ESG Topics – Includes key areas like emissions, modern slavery, data privacy, and more.
- Simple Scoring System – Uses intuitive dropdowns to guide users through consistent materiality ratings.
- Automated Results Summary – Generates a clear visual summary highlighting your top material issues.
- Built for SBA Framework – Fully aligned with the SBA reporting structure for easy integration and reporting.
Screenshots
Our Double Materiality Compass allows you to quickly and easily identify the material topics to your business.
Complete the materiality survey on Operational and Supply Chain Impacrs and Financial Risks and Opportunities for your business.
A Double Materiality matrix is automatically generated based on your responses provided to the materiality survey.
This tool is available for free to all SBA Pro Members.