Effectively managing the value chain is essential for comprehensive ESG reporting, especially under the CSRD regulation. Our double materiality system simplifies this process with a set of forms that ask closed-choice questions, covering all ESG topics. Here's how you can leverage our system to handle the value chain in your double materiality assessment.
Focusing on Key Value Chain Components
The official methodology requires addressing the entire value chain. We have streamlined this process by focusing on the most impactful parts: suppliers and final clients. This approach allows you to efficiently assess the value chain's influence on your company's ESG stakes without spending too much effort considering secondary-level stakeholders in the process.
Assessing ESG Stakes from Multiple Perspectives
To account for the influence of suppliers and final clients on your company's ESG performance, our forms include questions that evaluate each ESG stake from multiple perspectives:
Own Activities: how the ESG stake behaves within your own operations
Suppliers: how the ESG stake is influenced by your suppliers
Final Clients: how the ESG stake affects your final clients
This multi-perspective approach ensures a comprehensive understanding of how different parts of the value chain impact your ESG performance.
Weight responses for accurate results
After collecting the responses, our system appropriately weights the responses related to suppliers and end customers against your company’s own operations.
This weighted approach ensures that the final result accurately represents the materiality of the entire value chain.
By balancing these perspectives, you get a nuanced view of ESG issues across your value chain.
Step-by-Step Guide
1. Access the Forms: Log in to our platform and navigate to the double materiality assessment section
2. Complete Questions inside each ESRS questionnaire :
Several cases:
If question = Positive or Negative impact: you will have to answer separately about impacts scale/scope/remediability for each area of the value chain (own activities, suppliers, final clients)
Own activities: accounts for 50% of final impact materiality score of the question
Suppliers: accounts for 25% of final impact materiality score of the question
Clients: accounts for 25% of final impact materiality score of the question
If Stakeholders Reactions sub-questions are activated within Impact questions (Impact materiality score > 50%): specific information must be disclosed for each type of considered actor of the value chain
If question = Dependency: same
5. Review and Analyze: Once all questions are answered, review the collected data
6. Generate Materiality Report: Our system will automatically weigh the responses and generate a comprehensive materiality report that reflects the influence of your entire value chain
Conclusion
Managing the value chain in your dual materiality assessment is now simplified with our structured approach.
By assessing ESG issues from the perspectives of your own operations, suppliers and end customers, you can obtain a comprehensive and balanced view of the materiality of your value chain.