Double materiality analysis (DMA)
The double materiality analysis is a process that helps identify which environmental, social, and governance issues are most significant — both in terms of the organization’s impact on its surroundings and the impact of external factors on the company’s operations and performance.
As a result, it not only ensures regulatory compliance but also becomes a practical tool for risk management, strategy building, and stakeholder communication. Its value lies in versatility — the outcomes of the analysis can be applied simultaneously across several key areas:
- Reporting – both mandatory (ESRS) and voluntary (e.g. GRI, VSME) ESG strategy – identifying priorities and areas to be developed through goals, policies, and actions
- Risk and opportunity management – integrating ESG topics into strategic and financial management processes Stakeholder dialogue – structuring and streamlining consultations with key internal and external stakeholder groups
Depending on the organization’s needs, a double materiality analysis can be conducted at different levels — from a comprehensive process fully aligned with ESRS requirements (Full version) to a more compact approach focused on key priorities and requiring fewer resources (Light version).
This flexible approach allows the analysis to be tailored to the company’s reality — its size, regulatory obligations, and strategic ambitions — while maintaining the same ultimate outcome: a clear picture of the most significant ESG impacts, risks, and opportunities, and a strong foundation for future actions.
The following companies have benefited from our support in conducting double materiality analyses:
Case studies
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Benefit Systems Group’s first DMA and ESRS reporting
The main challenge during the DMA process was the complexity of the Group, which includes entities operating both in Poland and across multiple foreign markets.
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Implementation of ESRS reporting at Diagnostyka Group
The 2024 Diagnostyka Group’s ESG report of the provides a comprehensive overview of the company’s approach to sustainable development and the management of its environmental and social impact.
How we operate?
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Preliminary analysis
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Value chain mapping
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Stakeholder dialogue
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Identification and assessment of impacts, risks, and opportunities
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List of material topics
- Organizational environment analysis – review of regulations, benchmarks, and internal documents.
- Value chain mapping – a structured overview of the company’s activities, resources, and key relationships across its entire business model — from suppliers, through internal processes, to customers and end users.
- Stakeholder dialogue – both internal and external, conducted in line with the principle of due diligence.
- Identification and assessment of impacts, risks, and opportunities – a process that determines how the company’s operations affect the environment and how sustainability-related factors may influence the organization’s financial position, followed by the evaluation of these issues.
- List of material topics – based on the assessments, development of a set of topics and indicators that will serve as the foundation for reporting, strategy, or other ESG-related initiatives.
Benefits of the double materiality analysis
Discover our other services
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ESG risks
In a world full of uncertainty, the effectiveness of business management depends on a strategic analysis of the organization’s environment.
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ESRS reporting
A thorough materiality analysis and ESRS-compliant reporting not only ensure legal compliance but also help genuinely enhance a company’s value by strengthening its reputation, improving access to capital, and building stakeholder trust.