Izvorni znanstveni članak
https://doi.org/10.32728/er-ei.38.4.1
DOUBLE MATERIALITY AS A KEY CONCEPT IN SUSTAINABILITY REPORTS
Vlasta Roška
; Libertas International University, Trg J.F. Kennedy 6b, 10 000 Zagreb, Croatia
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* Dopisni autor.
Sažetak
Double materiality was implemented by Directive 2022/2464, and the Sustainability Reporting Standards became the basis for disclosing sustainability information. Companies must present double materiality (impact materiality and financial materiality) in their annual report, starting in 2024. As double materiality is a key concept, this study explores (i) the literature review and (ii) the perception of entrepreneurs of ESG aspects in a balanced business model in Croatia. 210 Croatian entrepreneurs responded to an online survey. The hypothesis: A balanced business model contributes to satisfactory financial performance when incorporating environmental measures in line with double materiality, significantly influencing the implementation of ESG aspects in business operations, according to the Croatian entrepreneurs’ opinion, is confirmed. The business model must incorporate ESG aspects that balance environmental consideration with business financial performance. The balanced business model must meet the needs of all stakeholders. The main limitation is the small sample size of respondents and country limited research. The paper contributes to understanding the concept of double materiality through a literature review and empirical research on how double materiality is applied in the Croatian business context.
Ključne riječi
cost-benefit analysis; double materiality; impact materiality; financial impact; Sustainable Report
Hrčak ID:
345983
URI
Datum izdavanja:
18.3.2026.
Posjeta: 0 *