Double materiality assessment

Define material topics in line with best practices

quantitative decision making

Calculate impacts, risks & opportunities scores

Use built-in surveys to calculate the impact materiality and financial materiality scores and identify which topics are material to your business and stakeholder impact.

Double materiality matrix

Get a clear overview of materiality scores

Simplify decision making with a quantitative summary of all topic materiality scores. Consistently assess, present and report your impact and financial materiality to your stakeholders.

Stakeholder engagement

Streamline the way you involve your stakeholders

Engaging stakeholders is key in the Double Materiality Assessment to ensure you’re considering a wide range of sustainability perspectives. Gather insights from your employees, investors, regulators, and community representatives with our dedicated surveys.

Understanding the CSRD: an overview

What is the CSRD?
The Corporate Sustainability Reporting Directive (CSRD) mandates sustainability reporting across the EU. Adopted by the European Commission in late 2022, it came into force from January 2024, with most companies reporting from 2025.
Does it apply to my company?
The regulation affects around 50,000 companies, both based in the EU and outside.

Companies already subject to the NFRD

Companies already subject to NFRD reporting

Large companies (both listed and unlisted)

Companies with a net turnover exceeding €50 million, total assets of €25 million or more than 250 employees

Listed small and medium sized companies

SMEs listed on a regulated EU market (excluding micro companies) with €900k turnover, total assets of €450k or more than 10 employees

Large companies (Non EU)

Companies with EU revenue exceeding €150 million through a subsidiary or branch located within the European Union

What is the timeline?
The CSRD classifies companies into four distinct categories, each with specific reporting timelines for implementation.
The corresponding timelines are as follows:
Impression showing the CSRD timeline

Explore the sustainability toolset

Carry out the double materiality assessment, prepare your ESRS disclosures and get audit-ready.
Automate carbon footprint measurements, build reduction plans and reach your climate goals.

"We needed an intuitive platform to accurately measure our carbon footprint and work towards CSRD compliance. Coolset was exactly what we were looking for; the implementation was both fast and effortless, and the platform is exceptionally user-friendly."

Mayke Pashouwers
Finance director, Stage Entertainment
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The sustainability management platform for mid-market companies