Be part of the community of Europe's sustainability champions
Learn what sustainability professionals say about our materiality analysis module
The software saves enormous amounts of time as the questionnaires are created automatically and stakeholder-specifically. The evaluation is quick, the results are clearly prepared and enable direct action.
Gregor
Sustainability Manager
ESG-X guided us through the double materiality analysis with clear task packages. The structured process was tailored to our team's capacity and saved us a lot of time and orientation.
Sabrina
Sustainability Team
What is double materiality?
Double materiality is a key concept in CSRD that requires companies to assess both the impact of their business on society and the environment, and how sustainability issues affect their business performance.
Impact materiality
How your business activities affect people and the environment, including positive and negative impacts across your value chain.
Financial materiality
How sustainability matters create financial risks and opportunities that affect your company's cash flows, development, and position.
Stakeholder engagement at scale
Automated outreach, real feedback, real insights.
We contact your key stakeholders directly — employees, suppliers, partners — and collect structured feedback on environmental, social, and governance topics.
Over 90% response rate
With ESG-X's automated outreach, we achieve exceptionally high participation rates.
Live dashboard
Visual insights that update live in your dashboard.
AI-driven distribution
The AI automatically distributes questions to stakeholder groups according to their qualification. This avoids bias in ESG topics and ensures high-quality answers.
Our double materiality assessment in 4 simple steps
Follow our guided process to complete your materiality analysis quickly, easily, and with confidence
Map your business activities
Answer questions about your company, operations, and value chain.
We use this information to preconfigure your materiality assessment to your sector and structure.
Identify relevant topics
Our AI analyzes your business profile and suggests the most relevant ESG topics for your assessment.
Engage stakeholders with smart surveys
Customize surveys for different stakeholder groups.
Our system helps you optimize for clarity, coverage, and compliance — with built-in benchmarks and >90% response rates.
Set your materiality thresholds
Define what constitutes material for your organization based on impact significance and financial relevance.
Why choose our materiality analysis?
Our AI-powered approach delivers faster, more accurate, and more comprehensive materiality assessments than traditional methods.
Managed & individualized surveys
Surveys sent to stakeholders are managed and personalized, focusing only on the most essential questions. We aggregate responses based on ESRS topics—a unique capability that no one else offers.
Transparent & customizable methodology
Formulas, metrics, and thresholds of materiality results are transparent and highly customizable, following EFRAG recommendations for maximum flexibility and compliance.
90% faster process
Complete your materiality assessment in weeks, not months, with automated data collection and analysis.
Expert-level accuracy
AI trained on thousands of materiality assessments ensures expert-level accuracy and completeness.
AI-driven distribution
The AI automatically distributes questions to stakeholder groups according to their qualification. This avoids bias in ESG topics and ensures high-quality answers.
Frequently asked questions
Get answers to common questions about double materiality and our platform
What is double materiality in ESG reporting?
Double materiality is a CSRD and ESRS requirement that requires companies to assess sustainability issues from two perspectives: financial materiality (the impact on the company's financial performance) and impact materiality (the company's impact on people and the environment). ESG-X maps these issues directly to the relevant ESRS topics, ensuring that the assessment is structured and aligned with reporting standards. An issue is material if it meets one of the two perspectives.
How do companies conduct a double materiality assessment?
The process typically involves the mapping of ESG topics, gathering input from internal and external stakeholders, evaluating each topic's financial significance and impact significance with regard to a company's business model and value chain, and prioritising those that meet either threshold. The result is often visualised in a double materiality matrix.
→ ESG-X streamlines double materiality assessments by providing pre-defined ESG topic libraries, stakeholder survey tools, and automated scoring that generates a ready-to-use double materiality matrix.
How does double materiality differ from single materiality?
Single materiality focuses only on financial impacts, while double materiality also considers your organisation's broader environmental and social impacts.
Why is conducting a double materiality analysis via surveys important?
Surveys save significant time and minimize disruption. Instead of pulling staff into half-day workshops, employees can provide the same input in just a few minutes. This way, the analysis runs in parallel without affecting day-to-day operations.
Complete your ESG journey
Combine materiality analysis with our other ESG solutions for comprehensive sustainability management
Carbon accounting
Track and manage your carbon footprint across all scopes with automated data collection.
CSRD reporting
Generate comprehensive CSRD-compliant reports based on your materiality assessment.
VSME standard
Simplified reporting for small and medium enterprises following the VSME standard.