Double
Materiality Assessment,
‍Fully Compliant

Ensure your Double Materiality Assessment passes the audit with Karomia.

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50%

Effort Reduction

100%

Auditor Acceptance

A visual of our software solution displaying the final results of your CSRD double materiality assessment, complying with EFRAG guidelines

WHY KAROMIA WORKS

Built-in Compliance

Follow EFRAG Double Materiality guidelines

Clear Methodology

Comprehensive list of impacts, risks, and opportunities (IROs)
Correct selection of key IROs
Transparent materiality calculations

Structured Data

IROs linked to ESRS subtopics
Stakeholder data connected to IROs
Centralized and secure data storage

All the Basics

Full value chain and stakeholder inclusion
Coverage of all ESRS subtopics
Weighted scores and robust materiality thresholds

HOW KAROMIA WORKS

3-Step Smooth Double Materiality
Assessment Process

1
2
3

Identify IROs

  • Identify the impacts, risks, and opportunities (IROS) relevant to your organization and select the ones to include in the stakeholder engagement.
Product visual of step 1 of our CSRD Double Materiality Assessment process, the Analysis of impacts, risks, and opportunities, in line with EFRAG guidelines

Collect data

  • Find all recommended actions to collect additional data. These actions complement the automated topic analysis and help you to achieve a conclusive and complete materiality assessment.
Product visual of step 1 of our CSRD Double Materiality Assessment process, the Analysis of impacts, risks, and opportunities, in line with EFRAG guidelines

Calculate materiality

  • Understand what matters are material for your organisation and why. Go back to remaining data collection actions for matters that are not yet conclusive.
Product visual of step 1 of our CSRD Double Materiality Assessment process, the Analysis of impacts, risks, and opportunities, in line with EFRAG guidelines
CSRD Compliance Webinar Visual

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Expert Tips

Short in time? Gain insights from numerous auditors and customers on how to ensure compliance for your Double Materiality Assessment in just 30 minutes.

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TESTIMONIAL

100% Double Materiality Compliance

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vdk testimonial: Our DMA collaboration with Karomia yielded numerous valuable insights from our stakeholders. It offers clear guidance on where we, as a bank, should focus our sustainability efforts.

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