Novisto on-demand materiality solution, fully integrated into its core sustainability platform

Novisto, a leading enterprise sustainability performance management platform, has launched Novisto Materiality, its new integrated solution that digitises double materiality assessments and gives sustainability teams a structured way to identify, document, and act on their most material sustainability risks and opportunities.

This capability is particularly relevant for organisations subject to the European Union's Corporate Sustainability Reporting Directive (CSRD), which requires them to conduct double materiality assessments under the European Sustainability Reporting Standards (ESRS). Double materiality considers both the financial effects of sustainability issues on a business and the impacts a business has on people and the environment.