Sustainability and ESG are extremely broad topics, encompassing a wide range of environmental, social, and governance issues that can vary significantly across industries. To navigate this complexity, a Double Materiality Assessment (DMA) is essential for identifying the priority ESG topics that are most relevant to your business. The DMA helps to understand both the impact your organisation has on the world and how ESG factors affect your financial performance, ensuring a comprehensive approach to sustainability. At &BLOOM, we guide you through a thorough DMA process, building on the core elements of impact, risks, and opportunities to assess the materiality of ESG factors for your organisation: • Impact: We help you identify and evaluate the environmental, social, and governance impacts your business has on stakeholders and the environment. This understanding is crucial for aligning with global sustainability goals, such as the UN SDGs, ISSB/IFRS Sustainability Standards, and CSRD/ASRS. • Financial Materiality: We assess how ESG factors influence your business’s financial performance and long-term resilience, identifying material issues that could impact stakeholder value and strategic growth. A well-conducted DMA forms the foundation for a strong ESG strategy, enabling your organisation to prioritise the most relevant issues and integrate them into decision-making. Through tailored workshops, we collaborate with your team to identify key ESG risks and opportunities, guiding you to a more focused and effective approach to sustainability. By conducting a DMA, you not only ensure compliance but also gain the insights needed to build a robust ESG strategy that drives long-term value, mitigates risks, and positions your organisation as a leader in sustainability.