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.