In this interactive session, we’ll explore the next evolution of double materiality assessments: moving beyond a high-level qualitative screening of ESG-related risks and opportunities, towards a quantified understanding of ESG-related risks and opportunities. Co-hosted by Bekaert and KPMG, the workshop will showcase the recent update of Bekaert’s DMA. Using a value driver tree, tailored heuristics and tangible business data available; the more concrete and tangible outcome of the DMA can elevate stakeholder engagement and inform strategic decision-making. This way, the DMA pivots from a compliance-driven instrument, relevant for the sustainability team, towards a strategic tool for business and management. In addition, we will demonstrate how Bekaert leveraged efficiencies in updating the double materiality assessment.