This instructor-led course gives a practical, implementation-focused grounding in double materiality and risk assessment. Participants learn to identify and assess Impacts, Risks and Opportunities (IROs), run stakeholder and value chain assessments, evaluate climate-related financial risks, and build assurance-ready reporting processes aligned with EU CSRD/ESRS, UK SRS (IFRS S1/S2-aligned), and FCA SDR requirements.
Module 1: Foundations of Double Materiality & Regulatory Landscapes
- Materiality Evolution: from voluntary disclosure to mandatory EU CSRD/ESRS and UK SRS/SDR, including EU Omnibus developments
- Dual Perspective Dynamics: Impact vs. Financial materiality
- ESRS Architecture: cross-cutting standards ESRS 1 and ESRS 2
- Global Interoperability: alignment across IFRS, GRI/ISSB
- UK Frameworks: UK SRS S1 & S2 requirements for UK-listed entities
Module 2: Stakeholder Mapping & Value Chain Architecture
- EFRAG Stakeholder Groups: Affected Stakeholders vs. Users of Sustainability Statements
- Value Chain Architecture: tier-1 suppliers, downstream distribution, product lifecycles
- Engagement Mechanisms: consultation matrices, expert panels, managing survey fatigue
- Data Gap Strategies: proxy data and sector benchmarks for value chain blind spots
Module 3: Executing Double Materiality Assessment
- Topical Universe Screening: environmental (E1–E5) and social (S1–S4) standards
- Negative Impact Scoring: severity (scale, scope, irremediability) and likelihood
- Positive Impact Scoring: scale and scope of sustainability contributions
- Threshold Setting: defensible cut-off criteria for material topics
Module 4: Sustainability Risk & Opportunity Assessment
- Financial Transmission: stranded assets, compliance penalties, cash flow volatility
- Climate Resilience: linking climate exposure to operational and financial performance
- ERM Risk Matrices: magnitude and probability across short/medium/long-term horizons
- UK SRS 2 / IFRS S2 Modeling: physical and transition climate risk assessment
- Opportunity Capture: resource efficiency, green finance access, market differentiation
Module 5: Synthesis, Threshold Integration & Assurance Readiness
- Double Materiality Registry: consolidating one-sided and dual-material topics
- Datapoint Mapping: linking material topics to ESRS and UK SRS disclosure requirements
- Governance Statement: structuring the Materiality Assessment Methodology for annual reporting
- Assurance Readiness: auditable data trails and sign-off workflows for Limited Assurance
Module 6: Case Study Analysis & Capstone Simulation
- Report Benchmarking: critiquing published CSRD and UK FTSE-100 disclosures
- Capstone Simulation: live IRO scoring exercise using a multinational case study
- Executive Presentation: simulating a Board Steering Committee sign-off
Instructor: Alessandra Vignola, GRI-Certified Sustainability Consultant with 20+ years’ experience, DBA in Sustainability Management.
ESG/sustainability leaders, risk and compliance officers, internal audit and assurance teams, finance and strategy directors, consultants, and board/steering committee members.
