From News Desk
The Global Electronics Association announced the release of its Double Materiality Assessment (DMA) Toolkit, designed to help companies efficiently navigate the complex reporting requirements of the Corporate Sustainability Reporting Directive (CSRD). Although the CSRD is an EU regulation, its requirements have global implications, as companies with operations, subsidiaries, or significant sales in Europe; and their worldwide supply chains must meet its rigorous sustainability reporting standards.
The European Union’s CSRD requires companies to conduct in-depth DMAs that measure corporate sustainability impacts from 1) impact on the planet and 2) impact of environmental and social issues on company finances. For electronics players, the process is particularly complex due to the industry’s interconnected global supply chains and specialized sustainability challenges. With limited time and resources, many electronics organizations risk noncompliance or incomplete assessments, potentially resulting in regulatory penalties, reputational harm, or loss of investor confidence.
Complementing the Toolkit is the newly launched Materiality Resource Hub, providing practical, sector-specific guidance to support reporting and improve decision-making across the entire electronics supply chain.
The Global Electronics Association’s DMA Toolkit – built for stakeholders from sustainability and compliance teams to senior leaders involved with reporting – provides comprehensive, industry-specific guidance to accelerate CSRD-aligned reporting and reduces the burden of starting from scratch and the risk of missing vital material issues, ensuring a complete assessment.
“Electronics companies sit at the centre of some of the most complex and globally dispersed supply chains,” said Kelly Scanlon, DrPH, CIH, Sustainability Strategist at the Association. “The CSRD raises the bar for transparency, but the amount of data and analysis required can be overwhelming. Our DMA Toolkit provides a clear, structured path tailored to the electronics industry.”
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