How to deal with your Double Materiality Assessment for non-financial services?

This training is designed to demystify the exercise of the Double Materiality Assessment (DMA) for non-financial entities (corporates, investee companies and private equity group) under Corporate Sustainability Reporting Directive (CSRD).

At the end of the training, participants will be able to:

• understand the different steps of the DMA exercise;
• implement a high level roadmap for the DMA exercise;
• identify the key internal and external stakeholders;
• determine the key steps for mapping your value chain.

• The main concepts and requirements of the DMA
• value chain mapping
• Impact materiality (stakeholders engagement process)
• Financial materiality (climate risks identification, inclusion incorporate risk management, role of scenario analysis)
• Impact, risks and opportunities identification and scoring
• Interpretation of the outcomes of the DMA (impact on ESRS applicability)

This training is coordinated by Claire Cherpion and Mihai Stroé, Directors at PwC Luxembourg.

Claire is a risk assurance director at PwC Luxembourg.

With more than 17 years in auditing and advising, she supports large clients to demonstrate the robustness of their control environment and processes under the international standards such as ISAE 3000. She has developed a strong expertise in sustainability and climate reporting to advise or assess clients’ disclosures on non financial information. She is actively involved in PwC's CSRD/TCFD working groups. She is certified Cambridge business and climate change – Towards net zero emissions.

Mihai is a director in PwC's risk assurance and audit practice, having experience in managing assurance projects in the field of finance, operations and sustainability reporting.

He started his career in 2011 and worked on audits of operational companies and private equity structures in Luxembourg and Romania, with significant exposure to consolidations and listed groups. In the last years he was focused on several advisory projects related to internal controls frameworks and sustainability reporting.