Identifying Material Topics

New Double Materiality Assessment

In 2024, Autoneum updated its materiality assessment to align with the new ESG reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) using a double materiality approach (both impact materiality and financial materiality) as defined by the European Financial Reporting Advisory Group (EFRAG). This process helped to identify and prioritize ESG topics that will be significant for reporting and strategic decision-making going forward.

All of Autoneum’s Corporate Sustainability workstreams participated in the Double Materiality Assessment (DMA), which was conducted according to a five-step process between the Spring and Autumn of 2024 based on EFRAG’s guidelines:

The purpose was defined, and scope determined for the DMA to ensure alignment with Autoneum’s goals when disclosing information and compliance requirements.
A comprehensive list of potential material ESG topics was created through research that considered Autoneum's activities and business relationships and stakeholder input.
The long list of ESG topics was grouped into logically coherent categories to form a short list.
Actual and potential impacts, risks, and opportunities (IROs) across the value chain were identified and evaluated for their materiality.
A materiality matrix was created and validated with internal experts and stakeholders to finalize the key ESG topics.

Through the DMA process, Autoneum has identified ESG topics of material importance. The final DMA matrix was validated internally and presented to the Board of Director's Strategy and Sustainability Committee (StSC) on June 17, 2025. Autoneum’s Corporate Responsibility Report 2025 thus reflects the material topics defined during the DMA assessment process carried out in 2024. Autoneum continues to monitor evolving ESRS requirements in light of the European Union’s proposed simplification omnibus on sustainability reporting, which was announced on February 26, 2025.

Autoneum’s Material Topics