ESG : de la théorie à l'implémentation, le concept fondamental de la double matérialité.

Abstract

From January 2023, companies will be required to publish non-financial information under the new CSRD directive. The previous directive did not facilitate the process of communicating these nonfinancial results. Indeed, the directive did not include a framework to be applied, leaving companies free to disclose information. The result was the publication of reports that were very different and difficult to compare. The renewal of the Non-Financial Reporting Directive represents a major change from the previous one. The CSRD aims to give companies the tools they need to communicate their non-financial results to the public and stakeholders. Among them, the ESRS (European Social Reporting Standard), adopted by the European Commission (EC) on July 31, 2023, provides a framework and resources for the publication of non-financial information that also introduces an essential new principle: the principle of double materiality. Listed companies and large corporations are the main players affected by these new regulations. Companies will have to comply with the new regulations over the next few years. However, many companies are still not meeting expectations. According to my analysis and some of the companies I interviewed, they are still facing challenges. The aim of this thesis is to understand how companies implement the principle of double materiality, which enables them to select the non-financial information to be published, on the one hand, by taking stock of the elements.