Double-materiality assessment

Oriola’s sustainability agenda is based on a double-materiality assessment. In addition to defining the focus areas of our sustainability efforts, the materiality analysis guides our work and actions related to sustainability. The double-materiality assessment determines Oriola's actual or potential negative or positive material impacts on people or the environment, and financial risks and opportunities, related to sustainability matters over the short-, medium- or long-term.

Oriola's double-materiality assessment and material impacts, risks and opportunities are described in detail in the Sustainability Statement. 

Background

Oriola’s first materiality assessment was conducted in 2018 and a second assessment focusing on social responsibility topics was conducted in 2021. Oriola's double-materiality assessment, which started with the assessment of sustainability-related impacts in 2023 and continued with the assessment of financial risks and opportunities in spring 2024, covered Oriola’s own operations and upstream and downstream value chain.