---
_id: '8330'
abstract:
- lang: eng
  text: In an attempt to realize decision usefulness of corporate sustainability reporting,
    standard setters and scholars are discussing a shift from a voluntary to a mandatory
    reporting approach. However, the EU Commission and the International Sustainability
    Standards Board (ISSB) follow different approaches regarding the materiality definition
    of mandatory corporate sustainability reporting. While the EU Commission focuses
    on double materiality, the ISSB concentrates on single materiality. In view of
    this controversy, the purpose of this paper is to analyze both materiality concepts
    and related sustainability reporting frameworks that significantly influence the
    future standardization process. Referring to a ’block model' between the EU Commission
    and the ISSB, a systematic connection of future sustainability reporting with
    the UN Sustainable Development Goals (SDGs) as well as the monetized reporting
    of externalities and science based climate targets are proposed. As the proposed
    ’block model' will contribute to the goal of climate neutral economy, it will
    also trigger a fundamental shift in the standardization process of sustainability
    reporting.
author:
- first_name: Martin
  full_name: Stawinoga, Martin
  id: '68681'
  last_name: Stawinoga
- first_name: Patrick
  full_name: Velte, Patrick
  last_name: Velte
citation:
  ama: 'Stawinoga M, Velte P. Single versus double materiality of corporate sustainability
    reporting: Which concept will contribute to climate neutral business? <i>Zeitschrift
    für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge zur rechts-, wirtschafts-
    und sozialwissenschaftlichen Umweltforschung = Journal of environmental law and
    policy = Revue de la politique et du droit d’environnement </i>. 2022;(2):210-248.'
  apa: 'Stawinoga, M., &#38; Velte, P. (2022). Single versus double materiality of
    corporate sustainability reporting: Which concept will contribute to climate neutral
    business? <i>Zeitschrift Für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge
    Zur Rechts-, Wirtschafts- Und Sozialwissenschaftlichen Umweltforschung = Journal
    of Environmental Law and Policy = Revue de La Politique et Du Droit d’environnement
    </i>, <i>2</i>, 210–248.'
  bjps: '<b>Stawinoga M and Velte P</b> (2022) Single versus Double Materiality of
    Corporate Sustainability Reporting: Which Concept Will Contribute to Climate Neutral
    Business? <i>Zeitschrift für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge
    zur rechts-, wirtschafts- und sozialwissenschaftlichen Umweltforschung = Journal
    of environmental law and policy = Revue de la politique et du droit d’environnement
    </i> 210–248.'
  chicago: 'Stawinoga, Martin, and Patrick Velte. “Single versus Double Materiality
    of Corporate Sustainability Reporting: Which Concept Will Contribute to Climate
    Neutral Business?” <i>Zeitschrift Für Umweltpolitik &#38; Umweltrecht : ZfU ;
    Beiträge Zur Rechts-, Wirtschafts- Und Sozialwissenschaftlichen Umweltforschung
    = Journal of Environmental Law and Policy = Revue de La Politique et Du Droit
    d’environnement </i>, no. 2 (2022): 210–48.'
  chicago-de: 'Stawinoga, Martin und Patrick Velte. 2022. Single versus double materiality
    of corporate sustainability reporting: Which concept will contribute to climate
    neutral business? <i>Zeitschrift für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge
    zur rechts-, wirtschafts- und sozialwissenschaftlichen Umweltforschung = Journal
    of environmental law and policy = Revue de la politique et du droit d’environnement
    </i>, Nr. 2: 210–248.'
  din1505-2-1: '<span style="font-variant:small-caps;">Stawinoga, Martin</span> ;
    <span style="font-variant:small-caps;">Velte, Patrick</span>: Single versus double
    materiality of corporate sustainability reporting: Which concept will contribute
    to climate neutral business? In: <i>Zeitschrift für Umweltpolitik &#38; Umweltrecht :
    ZfU ; Beiträge zur rechts-, wirtschafts- und sozialwissenschaftlichen Umweltforschung
    = Journal of environmental law and policy = Revue de la politique et du droit
    d’environnement </i>. Frankfurt, M., dfv Mediengruppe (2022), Nr. 2, S. 210–248'
  havard: 'M. Stawinoga, P. Velte, Single versus double materiality of corporate sustainability
    reporting: Which concept will contribute to climate neutral business?, Zeitschrift
    Für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge Zur Rechts-, Wirtschafts-
    Und Sozialwissenschaftlichen Umweltforschung = Journal of Environmental Law and
    Policy = Revue de La Politique et Du Droit d’environnement . (2022) 210–248.'
  ieee: 'M. Stawinoga and P. Velte, “Single versus double materiality of corporate
    sustainability reporting: Which concept will contribute to climate neutral business?,”
    <i>Zeitschrift für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge zur rechts-,
    wirtschafts- und sozialwissenschaftlichen Umweltforschung = Journal of environmental
    law and policy = Revue de la politique et du droit d’environnement </i>, no. 2,
    pp. 210–248, 2022.'
  mla: 'Stawinoga, Martin, and Patrick Velte. “Single versus Double Materiality of
    Corporate Sustainability Reporting: Which Concept Will Contribute to Climate Neutral
    Business?” <i>Zeitschrift Für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge
    Zur Rechts-, Wirtschafts- Und Sozialwissenschaftlichen Umweltforschung = Journal
    of Environmental Law and Policy = Revue de La Politique et Du Droit d’environnement
    </i>, no. 2, 2022, pp. 210–48.'
  short: 'M. Stawinoga, P. Velte, Zeitschrift Für Umweltpolitik &#38; Umweltrecht :
    ZfU ; Beiträge Zur Rechts-, Wirtschafts- Und Sozialwissenschaftlichen Umweltforschung
    = Journal of Environmental Law and Policy = Revue de La Politique et Du Droit
    d’environnement  (2022) 210–248.'
  ufg: '<b>Stawinoga, Martin/Velte, Patrick</b>: Single versus double materiality
    of corporate sustainability reporting: Which concept will contribute to climate
    neutral business?, in: <i>Zeitschrift für Umweltpolitik &#38; Umweltrecht : ZfU ;
    Beiträge zur rechts-, wirtschafts- und sozialwissenschaftlichen Umweltforschung
    = Journal of environmental law and policy = Revue de la politique et du droit
    d’environnement </i> (2022), H. 2,  S. 210–248.'
  van: 'Stawinoga M, Velte P. Single versus double materiality of corporate sustainability
    reporting: Which concept will contribute to climate neutral business? Zeitschrift
    für Umweltpolitik &#38; Umweltrecht : ZfU ; Beiträge zur rechts-, wirtschafts-
    und sozialwissenschaftlichen Umweltforschung = Journal of environmental law and
    policy = Revue de la politique et du droit d’environnement . 2022;(2):210–48.'
date_created: 2022-06-01T05:57:55Z
date_updated: 2024-08-08T07:38:31Z
department:
- _id: DEP1507
issue: '2'
keyword:
- Sustainability
- reporting
- corporate social responsibility
- FRS Foundation
- International Sustainability Standards Board
- European Commission
- materiality
- Global Reporting Initiative
language:
- iso: eng
main_file_link:
- url: https://online.ruw.de/suche/pdf/zfu/zfu-02-2022-210-0f3b03b70852d161d52f8edfb55d0ca0.pdf
page: 210-248
place: Frankfurt, M.
publication: 'Zeitschrift für Umweltpolitik & Umweltrecht : ZfU ; Beiträge zur rechts-,
  wirtschafts- und sozialwissenschaftlichen Umweltforschung = Journal of environmental
  law and policy = Revue de la politique et du droit d''environnement '
publication_identifier:
  issn:
  - 0931-0983
publication_status: published
publisher: dfv Mediengruppe
status: public
title: 'Single versus double materiality of corporate sustainability reporting: Which
  concept will contribute to climate neutral business?'
type: scientific_journal_article
user_id: '83781'
year: '2022'
...