Sustainability Reporting Journey: Double Materiality Assessment

We embarked on a 6-month mission with thyssenkrupp Marine Systems. This journey began with a Double Materiality Assessment, a crucial step in identifying material ESG issues to be included in the inaugural thyssenkrupp Marine Systems sustainability report based on ESRS standards.

CSRD: Europe leads the way for ESG reporting​

Understanding the CSRD

Great news from the EU: The Corporate Sustainability Reporting Directive (CSRD) promotes increased transparency and harmonized disclosure for sustainability information in financial reports. Broadening the Non-Financial Reporting Directive’s scope, CSRD introduces double materiality and standardized reporting, which will be progressively implemented between 2025-2029.

Product Environmental Declarations

Over a 4-month sprint, we achieved AGEC Law compliance for Ariston through systematic regulatory analysis, collaboration with electrical system experts, and identification of knowledge gaps. We consolidated relevant information for compliant disclosure.

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