EU Parliament adopts new sustainability reporting rules
EU Parliament adopts new reporting rules for multinationals, which also concerns Swiss multinationals with a significant presence in the EU ... read more
Double Materiality – Double the effort?
Many companies will have conducted materiality assessments of the financial impact of ESG risks on their operations, serving mainly the needs of shareholders and investors. All equity and bond ratings, such as MCSI or Sustainalytics are also based on this “outside-inward” view. In “reverse”, many companies have measured their sustainability performance using the standards of the Global Reporting Initiative (GRI). The revised GRI version of 2021 focuses clearly on the “inside-outward” impact, e.g. the impact of the company on the environment, the economy, and people. How to manage the double materiality challenge? Two separate exercises or just one? ... read more