Double materiality assessment
The essential foundation for any sustainability approach
Identifying your material issues means uncovering the key topics your nature & biodiversity initiatives must address.
This step connects your priorities to the strategic objectives of your business and stakeholders, ensures regulatory compliance (CSRD, Taxonomy), and guides your investments toward a coherent, sustainable strategy.
Why assess your material issues?
Before launching any structured initiative related to nature and biodiversity, it is crucial to understand where your impacts, dependencies, risks, and opportunities lie. This key step in evaluating your material issues allows you to objectively prioritize the topics that truly matter for your company and stakeholders.
This analysis forms the cornerstone of any strategic approach, providing a solid foundation for action, resilience, and adaptation plans.
A methodology aligned with leading frameworks
We follow the Locate, Evaluate, Assess, Prepare (LEAP) sequence to identify your interfaces with nature, evaluate pressures and dependencies, analyze risks and opportunities, and prepare strategic responses.
Our methods integrate the double materiality criteria (impact materiality and financial materiality) required by the ESRS.
We assess all relevant issues—climate, biodiversity, water, resources, pollution, social and governance aspects—across your direct operations and throughout your value chain.
Typical process for a materiality assessment
- Understanding activities – gain a detailed understanding of your business, markets, assets, and sector dynamics.
- “Value chain & nature interactions” workshop – collaborative mapping of links between your activities and environmental pressures, covering climate, biodiversity, water, resources, and stakeholders.
- Objectification and prioritization – use of expert tools (databases, indicators, sector benchmarks, LCA analyses, GBS, etc.) to make your material issues comparable and rankable.
- Reporting and roadmap – robust materiality matrix aligned with CSRD, serving as the foundation for your action, resilience, and adaptation plans.
Our expertise in identifying and analyzing material issues
- Proven methodology – combining participatory workshops, quantitative tools, and literature reviews for results that are both rigorous and engaging.
- Multi-topic expertise – climate, biodiversity, water, resources, pollution, with a particular focus on integrating biodiversity and climate.
- Regulatory alignment – compliance with CSRD requirements, with possible alignment to SBTN and TNFD.
- Strategic approach – we view materiality assessment not as mere reporting, but as the starting point for sustainable transformation.
Our analyses help prioritize risks and opportunities, secure strategic decisions, and strengthen the credibility of your CSR/CSRD reports with investors, clients, and regulators.
FAQ
What is a material issue?
A material issue is one that is significant to your stakeholders and/or has a major impact on your financial and non-financial performance.
Why should the analysis cover the entire value chain?
Because your main impacts or dependencies may be upstream (supplies) or downstream (use/end-of-life of your products), beyond your direct operations alone. This is also a methodological requirement of the main regulatory and voluntary frameworks.
How is Blooming’s methodology different?
We combine a collaborative approach (workshops, dialogue with your teams), quantitative tools (databases, robust indicators) and literature reviews to objectify the results and avoid subjectivity.
What is the link with CSRD?
The analysis of material issues is a central requirement of the CSRD. Our methodology is aligned with ESRS standards and the logic of dual materiality.
Can this step be combined with other frameworks (SBTN, TNFD)?
Yes. Our approach is designed to be consistent with major international frameworks, in particular the LEAP sequence of the TNFD and the objectives logic of the SBTN.
Contact Blooming for a tailor-made assessment and lay the foundations for your transition and adaptation plans.