GRI + IFRS Materiality Assessment Process | Impact + Financial Materiality | Double Materiality

Описание: Jeff Crawford focuses on a process for conducting a double materiality assessment (DMA using both GRI** and IFRS standards. This process helps organizations satisfy reporting requirements and perform a DMA that aligns with these standards.

The video outlines the following key steps in the DMA process:

Understanding the context:
Analyze the business model, operations, and external environment, including stakeholder expectations and reporting requirements.
Mapping the value chain:
Identify dependencies on different capitals (human, natural, social) and engage stakeholders to understand potential impacts on people, the economy, and the environment.
Assessing impact significance:
Evaluate both positive and negative impacts, taking into account scale, scope, likelihood, and severity (for negative impacts).
Determining financial materiality:
Analyze how identified impacts and dependencies could affect the organization financially, considering existing risk management approaches and financial thresholds.
Prioritizing and validating:
Identify the most significant risks and opportunities by topic and stakeholder, and validate these findings with key stakeholders.

Crawford highlights the importance of engaging assurance providers early in the process and emphasizes that this DMA process can be customized to meet specific organizational needs.


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