Double materiality assessment is a comprehensive evaluation process that considers both financial and non-financial impacts of an organization's activities on the environment and society. By taking into account both aspects, companies can gain a more holistic understanding of their overall impact and make more informed decisions to drive sustainable growth. This assessment helps identify risks and opportunities related to environmental, social, and governance (ESG) factors, allowing businesses to create value for all stakeholders. Implementing a double materiality assessment can enhance transparency, accountability, and long-term value creation, ultimately leading to a more resilient and responsible business model.