Implementing the double materiality analysis step by step with Code Gaia

with 50% less effort compared to consulting packages.
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In 4 steps through the process of double materiality

1
Stakeholder identification
Identify and record the relevant stakeholders in a simple and structured way with our Code Gaia software.
2
Stakeholder- 
Commitment
Use our software and templates to conduct stakeholder surveys and collect the results in one place.
3
Identification & assessment of impacts
Identify, record and evaluate the impacts on the sustainability aspects of the ESRS that are relevant to your company.
4
Identification and assessment of opportunities and risks
Identify, record and evaluate the financial risks and opportunities relevant to your company.
250+ medium-sized companies from eight industries already trust us

How Code Gaia supports double materiality analysis

Integrated workflows

Digitally supported workflow that does not need to be shared with external tools. This is how you protect your sensitive data.

Decentralized data collection

Intelligent questionnaires and delegation, deadline and project management functions enable simplified and decentralized data collection.
The Code Gaia methodology has been tried out and tested in practice.
Stefanie Höpler
Senior Sustainability Specialist Code Gaia

Personal support

You and your team will be guided step by step through the double materiality analysis.
We also offer accompanying workshops on request.

Help with regulatory issues

Instructions in the software and free content from the Code Gaia Academy help you navigate through the double materiality analysis.

ESRS-compliant

Document the entire process and its results directly and ESRS-compliant in our software.

The methodology behind our double materiality documentation tool

Our white paper "The Code Gaia approach to double materiality in the context of the ESRS" presents a functioning, tried-and-tested approach to the concept of double materiality. It provides the practical and theoretical basis for how double materiality is integrated into our software.

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Insight into our double materiality module

Double materiality analysis,
Step 1: Stakeholders

Identify and record the relevant stakeholders in a stakeholder list. Document your  Stakeholder survey and compare the results.

Double materiality analysis,
Step 2: Effects

Create a freely editable list of your own impacts on the sustainability aspects of the ESRS.

Double materiality analysis,
Step 3:
Risks & opportunities

Create a list of the financial risks and opportunities (IROs) relevant to your company.
Then visualize the result of the double materiality analysis and define the scope of the ESRS report based on the material and immaterial topics.

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What our customers say

The sustainability experts at Code Gaia did a great job of guiding us through the double materiality analysis in a step-by-step and easy-to-understand manner.
Lutz Hammer, Managing Director of RECKLI GmbH
Find out more about the practical implementation of DM

Basic webinar
on the double materiality analysis

In our webinar, we present the most important steps in the double materiality analysis and show how to implement it effectively with Code Gaia. Among other things, we explain how to identify relevant stakeholders and topics, explain the  access to the software and present the framework for the double materiality analysis.
To the webinar recording

Get started right away!

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Theresa Zöckler
Your contact person

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Why Code Gaia?

GDPR-compliant

Hosted in Germany & ISO27001 certified

Certified

Tested according to standards and by auditors

All-In-One

CSRD, double materiality, LkSG and EU taxonomy

Community

Free learning material and exchange with the Code Gaia community
Code Gaia works with the most important international standards for medium-sized companies.

Our learning resources on double materiality

FAQ

Here you will find frequently asked questions about our product.
  • What does the Code Gaia ESRS software do?

    With the Code Gaia web app, all relevant key figures for environmental or ESG reports can be collected, analyzed and optimized in one place. Support Sustainability experts and Code Gaia’s Customer Success Team will support you throughout the process.

  • How does the ESRS software Code Gaia help me with my sustainability management?
    1. Data collection: All relevant data such as incoming invoices, intelligent questionnaires or other data sources are uploaded to the Code Gaia portal in around 4 hours per year.
    2. Data analysis: Code Gaia’s in-house developed Artificial Intelligence reads environmental data from the accounting software and categorizes it based on the activities and quantities transacted.
    3. Data evaluation and optimization: Together with individual sustainability experts, sustainability management is subsequently optimized through data-supported measures and progress is monitored.
    4. Reporting: Standard-compliant sustainability reports (ESRS, GRI, BAFA or DNK) can be created and shared with stakeholders at the click of a button, in line with the brand identity.
  • Which standards does the CSRD software Code Gaia cover?
    • CSRD
    • ESRS
    • DNK
    • GHG protocol
    • LkSG
    • ecovadis
    • GRI
    • United Nations Global Compact
    • SDGs (Sustainable Development Goals)
  • How does Code Gaia differ from other ESRS software providers?

    Code Gaia is characterized by the combination of state-of-the-art, intuitive software, effective use of artificial intelligence and close guidance through personal support.

    Sustainability experts and Code Gaia’s Customer Success Team also support companies throughout the entire process. The instructions and checklists integrated into the software guide customers step by step to the standard-compliant sustainability statement; starting with the documented double materiality analysis on the scope of the ESRS report, through the carbon footprint to the final ESRS report.

    Code Gaia thus combines best-in-class software with personal support.

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Code Gaia Academy

Discover first-class content on CSRD, ESRS and ESG on our Code Community platform. Stay informed with our latest software updates. Immerse yourself in the world of ESG management with our innovative tool.
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