Tag: materiality

What is Single Materiality and Double Materiality?

What is Single Materiality and Double Materiality? Glass building covered by trees

“Single materiality” and “double materiality” are distinct yet interrelated approaches to evaluating environmental, social, and governance (ESG) risks and opportunities, including those related to climate change. Understanding the difference between these approaches to risk assessment is crucial, including in the context of climate-related disclosure. Single materiality — definition “Single materiality” refers to how climate and […]