Double
Materiality Assessment,
‍Stakeholder Engagement Simplified

Ensure smooth collaboration with stakeholders for
your Double Materiality Assessment.

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70%

Effort Reduction

3days

To Start Interviewing

DMA collaboration among stakeholders
Product visual of DMA stakeholder engagement

Simplified DMA Stakeholder Collaboration

  • Gather high-quality input from stakeholders.
  • Generate multilingual surveys with a single click.
  • Organize interviews directly within the Karomia platform.

HOW KAROMIA WORKS

Achieve Double Materiality Assessment
in 3 Steps

1
2
3

Identify IROs

  • Identify the impacts, risks, and opportunities (IROS) relevant to your organization and select the ones to include in the stakeholder engagement.
Product visual of step 1 of our CSRD Double Materiality Assessment process, the Analysis of impacts, risks, and opportunities, in line with EFRAG guidelines

Engage with stakeholders

  • Collaborate with stakeholders to assess the materiality of IROs, considering both their impact and financial perspectives. Use a scoring system based on criteria like scale, scope, and likelihood, and also collect qualitative input.
Product visual of step 1 of our CSRD Double Materiality Assessment process, the Analysis of impacts, risks, and opportunities, in line with EFRAG guidelines

Calculate materiality

  • Understand what matters are material for your organisation and why. Go back to remaining data collection actions for matters that are not yet conclusive.
Product visual of step 1 of our CSRD Double Materiality Assessment process, the Analysis of impacts, risks, and opportunities, in line with EFRAG guidelines

Discover
Expert Tips

Short in time? Gain best practices from industry leaders on how to involve the right people for your Double Materiality Assessment in just 30 minutes.

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TESTIMONIAL

vdk testimonial: Our DMA collaboration with Karomia yielded numerous valuable insights from our stakeholders. It offers clear guidance on where we, as a bank, should focus our sustainability efforts.

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