In Klappir‑Strategy, the materiality assessment helps your organisation focus on the sustainability topics that matter most — to your business, to people, and to the environment.
This is based on the double materiality principle, which considers two angles:
Impact materiality – How your organization affects people or the environment
Financial materiality – How sustainability risks and opportunities may affect your business
Together, these help you prioritize what to focus on in your policies, actions, and reporting.
What the Standards Say
Under DRAFT ESRS (European Sustainability Reporting Standards July 2025), double materiality is required for identifying which topics must be disclosed.
Under the VSME standard, materiality is not required, but organizations may still use it to guide their reporting. Instead, SMEs report each topic if applicable.
💡 Even if you're reporting under VSME, doing a quick materiality assessment can help you focus on what’s most relevant and reduce unnecessary work.
Why It Matters
A good materiality assessment helps you:
Focus on what’s relevant to your business and stakeholders
Avoid wasting time on low-impact or irrelevant topics
Build a report that is more useful, credible, and aligned with external expectations (e.g. ESG ratings, clients, investors)