Materiality Analysis
Viridien conducts an extensive Double Materiality Analysis, to enable us to remain informed about stakeholder concerns, facilitate improved analysis of material impacts, risks and opportunities, and provide strategic direction for sustainability initiatives.
Materiality Matrix 2024
The results are consolidated in a double-entry matrix representing financial materiality (for Viridien) on the one hand, and impact materiality (for stakeholders) on the other.
Key focus areas from our most recent materiality analysis
The double materiality approach provides a holistic evaluation of how sustainability factors influence a company’s operations (financial materiality) and the company’s impact on environmental, social, and governance (ESG) matters (impact materiality). This dual perspective ensures a comprehensive understanding of sustainability risks and opportunities while fostering informed decision-making. By integrating both viewpoints, we identify priorities that align financial performance with broader societal and environmental goals.
The methodology used in the DMA and resulting Impacts, Risks and Opportunities (IROs) which will be used as key focus areas for Viridien can be found in section 3.1.4. of the 2024 Viridien Universal Registration document.
