Skip content

Understand your financial risks and opportunities

Building a resilient business in the light of rapidly changing environmental and social regulations is becoming ever more challenging. 

Understanding your financial risks and opportunities related to these external factors is business critical – and is a formal requirement in international legislation and standards like the European Union (EU) Corporate Sustainability Reporting Directive (CSRD), the IFRS Sustainability Reporting Standards, the SEC Climate Related Disclosures and various financial market related requests.

The LRQA Double Materiality Analysis provides you with in-depth insights into the impacts your undertaking has on the environment and people and expands this by adding the financial risk and opportunities perspective.

Double materiality approach

A double materiality analysis is conducted in a proven three-step approach in line with current CSRD/ESRS requirements and the EFRAG implementation guidance encompassing stakeholder expectations and industry standards. 
Our evaluation methodology has been used and tested on companies of different sizes, across geographies and industries and has successfully undergone external assurance.

We deliver documentation with key findings, process description and considerations on applied methodology as well as detailed data-sheets on the identified IROs

Value chain mapping

  • Identification of impacts, risks, and opportunities
  • Including biodiversity, water, renewables, sustainability, and global regulations


  • Via an impact and financial materiality perspective
  • Using a unique combination of qualitative and quantitative data


  • Decision on material topics and mapping to disclosure standards
  • Across impact and financial materiality

Download our management diagnostic: Double materiality analysis guide


Download guide
Image of two people sitting down looking through a business report

Why partner with us?

Aligned with evolving requirements

We update our methodology on a regular basis ensuring alignment with legislation & industry standards.

Multiple country flags

Tested and refined

Our methodology has been applied with hundreds of companies across geographies and industries for years.

Based on end-to-end expertise

Our evaluation is based on decades of experience not only assessing current states, but also designing and implementing long term programmes.

Colleagues having a discussion in an office room

We speak your language

We provide pragmatic, sensible and resource effective solutions and recommendations that can be implemented and scaled.

A person speaking on the podium

We are efficient and action orientated

We know what to look for, so it takes less time and effort for you and your teams to get the insight you need.

Image of people working in a clothing factory