DMA for ESG Reporting: All you Need to Know in 2025

THE DMA FOR CSRD

ACADEMY | Learn How to Conduct a DMA in Just a Few Hours

Start with the essentials and sign up for our free Greenomy Academy e-course to learn how to conduct an effective Double Materiality Assessment using our clear, six-step approach. This short course will give you insights on how to assess your Impacts, Risks, and Opportunities (IROs) linked to ESG topics and help you understand the data needed to report on according to the CSRD.

INSIGHTS | How to Optimise your DMA to Save Time on your CSRD Report

Given the time-intensive nature of both the DMA and CSRD reporting, it will be essential to optimise the process early on. When approached strategically, the Double Materiality Assessment lays the foundation for faster, more focused reporting, ensuring consistency across disclosures and helping organisations prioritise what truly matters.

THE DMA FOR VOLUNTARY REPORTING

FAQ | Is a DMA necessary for Voluntary Reporting?

Currently, the Double Materiality Assessment is not required under the VSME. Instead, the VSME employs the “if applicable” principle within the structure of disclosures . However, the Omnibus package states that the upcoming Voluntary Standards will be "based" on VSME. This means that the Voluntary standards will likely add features that tailor the standards to the needs of larger companies. Thus, while the Voluntary standards for SMEs do not require a DMA, the Voluntary ones for larger companies (based on VSME) may require such background information.

FAQ | Is it worth doing a DMA for Voluntary Reporting/VSME?

It all depends on your company size and ESG ambitions. If you aim to align with international best practices, maintain transparency with stakeholders, or go beyond minimum requirements, then voluntarily continuing with CSRD Reporting, and leveraging insights from your Double Materiality Assessment (DMA), can be highly valuable.

However, if your goal is limited to meeting baseline disclosure expectations under the VSME Framework, conducting a DMA will not be necessary. The “if applicable” criterion within VSME disclosures is generally straightforward, making a full DMA optional in such cases.

FAQ | What if I Have Already Conducted a DMA for CSRD but Now Fall under Voluntary Reporting?

As with the previous question, the answer depends on your organisation's ESG ambitions and the framework you choose accordingly. If you choose to continue CSRD reporting voluntarily, you can resume where you left off, leveraging your completed DMA.

Alternatively, if you opt for VSME reporting, your DMA remains valuable. While double materiality isn't mandatory for VSME, the insights gained can be repurposed to address relevant data points and inform optional disclosures from the broader ESRS. This enhances the quality and credibility of your report, regardless of your chosen path.

Stay Ahead in ESG Reporting with Greenomy

At Greenomy, we remain committed to helping businesses stay ahead of regulatory change, whether reporting is mandatory or voluntary. Partnering with sustainability experts like Greenomy can make all the difference. Our team provides tailored guidance to help you navigate the complexities of double materiality, ensuring you not only meet regulatory expectations but also extract strategic value from the process. Get in touch today.