Dual materiality and internal control. Two major challenges on the road to sustainability

The proposed EU Sustainability Reporting Directive (CSRD), published on April 21, 2021, has established new guidelines on which companies must report, how they must report and what measures they must take to ensure adequate disclosure of information on their risks and opportunities, as well as on their social and environmental impacts. In this regard, the concept of dual materiality has been introduced.

The challenge for companies is to understand and analyze the expectations of society and their stakeholders, so that they can meet their objectives and respond to those expectations.