Many companies struggle with CSRD reporting by addressing too many issues simultaneously, leading to an overload of information and scattered efforts that fail to generate meaningful impact or business results. In extreme cases, overpromising and underdelivering may result in accusations of greenwashing from stakeholders and watchdogs. Moreover, if the data gathering takes place without the buy-in from staff and other stakeholders, the CSRD compliance process can have a profound negative impact on the engagement of staff and the organization at large.

This can be overcome by moving from a Double Materiality to Triple Materiality assessment, which presents a systemic and time-bound perspective……