Double-materiality assessment
Oriola’s sustainability agenda is based on a double-materiality assessment conducted according to EU’s Corporate Sustainability Reporting Directive (CSRD). 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. Oriola's double-materiality assessment (DMA), 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.
In 2025, Oriola reviewed its DMA in accordance with the ESRS requirements. The process included an analysis of the operating environment and value chain, which did not reveal any material changes since the previous assessment. However, Oriola re-evaluated its position within the value chain, which influenced the identification of material topics, while the structure of the value chain itself remained unchanged.