[Double Materiality module]
After obtaining the results of the IRO assessment through engagement with SMEs (and, if applicable, affected stakeholders), the next step is to establish your thresholds to identify which IROs are deemed material.
All scored IROs (from the IRO Hub tab), are automatically listed in the "Materiality Review" tab.
You can apply up to four different thresholds for positive and negative impacts, risks and opportunities (IRO). The IRO thresholds are quantitative on a scale from 0-5.
IROs above the set threshold will be automatically marked as "Material", and IROs below are marked as "Not material", thus creating your short list of material IROs.
You can also export your IRO inventory from this screen, as seen below:
For additional information on what is included in the export, read this article.