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Double materiality analysis

Pandox conducted a double materiality analysis to identify material sustainability-related negativ or positiv impacts and financial risks and opportunities.

The assessment was carried out with the help of a third party in accordance with the latest interpretation of CSRD and ESRS. The assessment was based on the principle of dual materiality, according to which a sustainability topic can be material from one or both of the following perspectives:

  • Impact materiality – Pandox’s impact on people and/or the environment
  • Financial materiality – sustainability topics that affect Pandox’s financial circumstances

The double materiality assessment was carried out in four stages:

The areas identified as material, along with their associated IROs (impacts, risks, and opportunities), can be found via this link.