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Novata, Inc.
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Novata - Double Materiality Assessment Tool

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Novata’s step-by-step double materiality assessment gives you the structure, tools, and guidance to move forward with clarity. We help you figure out what matters most, how to measure it, and how to tell the story.

Define Your Business Context
Outline your business activities, products, services, and stakeholders to build the foundation of your assessment.

Identify Potential Impacts, Risks & Opportunities (IROs)
Capture stakeholder input and operational insights to identify a list of relevant IROs.

Assess Materiality
Evaluate IROs through a double materiality lens — financial impact on your business and your business’s impact on the world.

Generate Results
Get a clear list of material topics with supporting rationale and export-ready documentation for disclosure or strategy alignment

Map Data Points
Automatically link material topics to ESRS data points. Assign owners, track progress, and collaborate on one central platform.

Prepare for Disclosure
Roll up data across entities, resolve discrepancies, and finalize inputs for ESRS-aligned reporting.

Manage & Collaborate
Use project tools like Gantt charts, task assignment, and permissions to manage timelines and team responsibilities.