Five ways to maximize the impact of your CSRD double materiality assessment

The market for materiality assessments is booming; it seems like everyone is undertaking this sustainability prioritization exercise as we head into 2025. 

But with compliance top of mind under the EU’s CSRD, the genuinely exciting part of materiality – the 'bite' which turns data from insight into impact – can feel like an afterthought.

So, what can you do to ensure that your double materiality assessment is impactful and not just another tick-box exercise? 

Take a tailored approach

The European Financial Reporting Advisory Group shares a lot of useful guidance around CSRD, but one of the key points is that each business needs to undertake materiality differently to suit its own operations. For some, gathering intelligence may be all about subject matter expert engagement; for others, it might be deep dives into supply chain data, market trends and horizon scanning; and some other businesses might find that stakeholder surveys provide the most useful content to draw out material issues. Most projects need all of the above, and we work with clients to make sure that their inputs are assessed and even weighted in the manner that feels right for their business. 

Our proprietary approach to materiality is one we have been using for four years and allows our clients to co-create the engagement and really get behind the data and its implications. We share an assurance-ready methodology statement at the end, with both an internal and an external version to share with our clients. 

Find the 'so what?' factor

At the end of a rigorous materiality process, nobody wants to be simply handed a spreadsheet as the final deliverable and told that the project is over. For us at Ever, it’s all about taking the decision-useful data that the research has given us and using it to ask questions of your current strategy, ensuring you’re spending the right amount of enthusiasm, energy and investment on areas where you have genuine impacts, risks and opportunities, then feeding that into boardroom discussions to help steer the business towards its goals. For every outcome of a materiality assessment, we ask 'so what?' and help you move from data point to impact.

Get it down on (beautifully designed) paper

At Ever, we are lucky enough to be part of Design Portfolio, one of the UK’s leading corporate communications agencies which specializes in annual and sustainability reporting suites, from paper to websites. As part of our standard offering, we include a CSRD reporting workshop planning session. This helps you understand the requirements and develop a clear plan for how you want to share your findings to have the most impact on your key audiences. We also help you make your double materiality assessment beautiful, with visual design, infographics and imagery to show clearly what’s important, how important it is and why.

Chat with the auditors

There’s nothing we love more than a call with our friends and partners in the audit office. Both internal and external auditors offer us the chance to check our work, improve our processes and push the market forward. Our materiality assessments come with audit support built in so that you can draw us into the assurance process whenever you like. We tend to like engaging with auditors as close as possible to the start of the project so we can make sure that all expectations are made clear to everyone. 

Zoom out

Disclosure is never a one-and-done process, and with CSRD for most businesses there will be a gap between the year you undertake your materiality assessment and the year you will be expected to fully comply. This 'transition' or 'bridge' year offers us a chance to do what we always do with clients and zoom out to think about the three-year evolution of your disclosure. What content needs to be where in your reporting suite and by when? What’s the value of your sustainability report as a standalone document, and which audience does each document speak to, at what time? We sit down with you and your key stakeholders for a free CSRD disclosure planning session as part of every materiality assessment to help design a three-year pathway to steer your way through the regulation and expectation. 

Martha McPherson is sustainability director at Ever Sustainable