ESG
Double Materiality
How companies identify and report what matters under CSRD and ESRS
About this course
Why this course exists
A practical course on the double materiality principle under the EU Corporate Sustainability Reporting Directive. Covers impact materiality, financial materiality, the IRO framework, the EFRAG four-step assessment process, stakeholder engagement, threshold-setting, value chain scope, and how to connect the assessment output to ESRS disclosures.
What you will learn
After this course you will be able to
- Apply the EFRAG double materiality methodology to any organization
- Distinguish impact materiality from financial materiality using the right tests for each
- Run a stakeholder engagement process that produces defensible materiality decisions
- Document the materiality assessment in a form CSRD assurance providers will accept
Course content
5 modules · 14 lessons
Walk through the modules in order or jump to a specific lesson. Each lesson is a real chapter you can open and start reading immediately.
Module 1·2 lessons
Foundations
What double materiality is and why it exists
Module 2·3 lessons
Impact Materiality
The inside-out view: how the company affects the world
Module 3·2 lessons
Financial Materiality
The outside-in view: how sustainability affects the company
Module 4·4 lessons
Running the Materiality Assessment
The EFRAG four-step process from context to reporting
- 3.13 min read
Step A: Understanding Your Context
EFRAG IG1 Section 3.1
- 3.23 min read
Step B: Identifying Impacts, Risks and Opportunities
EFRAG IG1 Section 3.2; ESRS 1 Sections 3.3-3.5
- 3.33 min read
Step C: Assessing and Determining Material IROs
EFRAG IG1 Section 3.3; ESRS 1 Section 3.2
- 3.43 min read
Step D: Reporting the Outcome
EFRAG IG1 Section 3.4; ESRS 1 Sections 7-8
Module 5·3 lessons
Practical Application
Scope, thresholds, and connecting to other frameworks
Continue your path
This course is part of 1 curated path
Each path is a sequence of five courses designed to take a practitioner from first principles to defensible output. Pick one to see where this course fits.