The basis for CSRD Reporting
The double materiality assessment (DMA) forms the basis of our sustainability report. It helps identify the sustainability matters that are most significant by considering both the impacts of our business activities on people and the environment and the financial risks and opportunities related to these matters. Based on this assessment, we identified E1 Climate Change, E5 Resource Use and Circular Economy, S1 Own Workforce, S2 Workers in the Value Chain, S4 Consumers and End-users, and G1 Business Conduct as significant topics.
Together, these topics reflect the three dimensions of ESG – Environmental, Social and Governance and provide the structure for our sustainability reporting. The sustainability matters identified through our DMA are reflected in part in the Vorwerk Home 3C framework. At the same time, the assessment highlights additional priorities that go beyond the framework and help create a comprehensive view of the sustainability matters relevant to the whole Vorwerk Group. If you are interested in the details of our DMA, you can read it in the introduction chapter of our CSRD report.