A Double Materiality analysis identifies the ESG topics most material to your business, across your own operations and your upstream and downstream value chain. You set the scope, then run the analysis on Datamaran's data.
Setting up your Double Materiality analysis
- From the main menu, go to the Double Materiality module.
- Enter a name for your analysis in the Analysis name field.
- Define the scope of your value chain by setting the parameters for each stream. We recommend adding specific companies to your streams for stronger benchmarking.
- You can exclude any streams that are not relevant to your analysis.
- You can exclude any streams that are not relevant to your analysis.
- (Optional) Add custom data to a stream by clicking the + icon on either the Financial or Impact axis.
- Assign weights to your value chain streams:
- apply the same weight to all streams, or
- allocate different predefined weights to each stream.
- Once all parameters are set, click Save & Run analysis.
What happens next
Once your analysis runs, Datamaran scores the topics from the data. From there you:
- Screen the topics to focus on the ones most likely to be material. See Using the Topic Screening to identify relevant topics.