UK SRS
Material if it could affect cash flows, access to finance or cost of capital.
Primary users: investors, lenders, creditors.Software · materiality, cited
Materiality assessment software: what a tool must record
Materiality assessment software runs and records how a company decides which sustainability matters belong in its report, under UK SRS’s investor test, the EU’s double materiality, or both.
Neither standard sets thresholds or a fixed process, so the tool’s job is to keep the judgement and its evidence; this page sets out what that means, then lists 51 reporting platforms in their own words.
What the software does
What does a materiality tool actually do? Five jobs, ending in a dated record
A materiality assessment decides what goes in a sustainability report, and a tool can organise it but not decide it.
Both main standards leave the judgement to the company: UK SRS S1 ¶B19 sets no thresholds, and EFRAG’s IG 1 says the ESRS do not mandate a specific process.
So the useful product is one that keeps the long list, the evidence, who decided and when, and the reason for every topic left out.
The concepts are explained on materiality and the EU process on double materiality assessment.
- 1
Long list
Topics from industry standards, the risk register, peers and stakeholders.
- 2
Evidence
Data and documents attached to each topic, with sources.
- 3
Judgement
A named owner decides, against the test the standard sets.
- 4
Output
The list of material matters, with reasons for what was left out.
- 5
Reassess
Next year’s assessment kept beside this year’s, not over it.
Which test
Is it single or double materiality? UK SRS asks one question, the ESRS two
UK SRS S1 asks for information about risks and opportunities that could reasonably be expected to affect the entity’s cash flows, its access to finance or cost of capital.
The phrase “enterprise value” does not appear in UK SRS; the ISSB removed it from the final IFRS S1, as its Basis for Conclusions records at BC34(b) and BC39.
The ESRS add the impact perspective, the company’s effects on people and the environment, which makes the assessment double.
A tool used for both should name the test on every assessment, so that a topic material only for its impacts is not reported as an investor risk.
Read the detailed guidance and references
The ISSB’s educational material of 19 November 2024 on material information is explanatory only and sets no threshold.
IFRS S1 BC69 says sustainability materiality judgements will inevitably differ from those made for the financial statements, so a tool should not borrow the audit materiality figure by default.
The two tests side by side are on single vs double materiality.
Two tests, one recordExplore
Two tests, one record
UK SRS S1 ¶3
Risks and opportunities that could affect cash flows, access to finance or cost of capital.
Two tests, one record
Primary users
Existing and potential investors, lenders and other creditors.
Two tests, one record
ESRS impact
The undertaking’s impacts on people and the environment.
Thresholds and omissions
Who sets the threshold? The company, and the tool should say so
Thresholds in UK SRS
None¶B19Not material
May be omittedEven a listed requirement, ¶B25Reassessment
Each reporting date¶B28Audit materiality
DifferentIFRS S1 BC69UK SRS S1 ¶B19 says the standard does not specify any thresholds for materiality or predetermine what would be material in a particular situation.
¶B25 says an entity need not disclose information otherwise required if it is not material, even where the standard lists it as a minimum requirement.
So a scoring scale or cut-off inside a tool is the company’s choice, and the tool should record it as a choice, with the date and the person who set it.
¶B28 asks for judgements to be reassessed at each reporting date, which means last year’s assessment must survive this year’s.
The EU process
Do the ESRS require a matrix or a stakeholder survey? Neither, in the published text
The revised ESRS, published as Delegated Regulation (EU) 2026/1563, set out the double materiality assessment in ESRS 1 Chapter 3.
The phrase “materiality matrix” does not occur anywhere in the regulation, and no separate stakeholder-engagement process is needed, so a matrix is a presentation choice.
Severity is assessed on three factors and likelihood separately, which is the scoring structure a tool should follow for impacts.
EFRAG’s IG 1 says a GRI impact assessment is a good basis for the impact side, and EFRAG had issued no guidance for the revised ESRS as at 11 October 2026.
A topic on
the long list
the long list
ESRS
Material for its impacts, its financial effects, or both.
One assessment, two perspectives.What the revised ESRS sayExplore
What the revised ESRS say
No matrix
“Materiality matrix” does not occur in the regulation.
What the revised ESRS say
Severity
Three factors; likelihood assessed separately.
What the revised ESRS say
Stakeholders
No separate stakeholder-engagement process is needed for the assessment.
The tests before you sign
What should you ask in a materiality demo? Eight questions, each tied to its source
Each question beside this names the provision it comes from and what a passing answer looks like.
Run them with one real topic from your own business, because a demonstration topic is always clear-cut.
If you are weighing a tool against a consultant for the EU assessment, read double materiality software vs consultants.
This site has tested no products
Nothing on this page is a rating, ranking or recommendation of any product.
Materiality demo questions · tick the ones you need
The pass tests are our reading of the cited provisions.
Nothing you tick is stored or sent.
The vendors
Which platforms run materiality assessments? 51 ESG reporting vendors, in their own words
Every vendor this site files under ESG reporting, alphabetically, which ranks nothing, each linked to its own site and its profile here.
The registry covers 73 vendors across all categories, read 11 October 2026 and 30 September–1 October 2026.
51 vendors · esg reporting
“Altruistiq helps companies with complex value chains go faster and further on sustainability”
“Intelligent AI that measures, reduces, and reports Scope 1–3 and LCA emissions in line with CDP, SBTi, CSRD, and CBAM requirements”
“Benchmark Gensuite is a unified EHS management software platform built on a single architecture—connecting safety, environmental compliance, and operational risk across every site”
“AI workflows that extract answers from your documents with full source references”
“We support financial institutions, companies, governments, and consumers in making the right decisions - efficiently, confidently, and at scale”
“Measure, reduce, and report your Scope 1, 2 and 3 emissions”
“Coolset gives supply chain and ESG teams the structure, automation and guidance to meet complex compliance requirements like EUDR, PPWR and CSRD, and manage Scope 1-3 emissions”
“One AI-enabled EHS software platform to drive performance across employee health, safety, quality, environmental, and sustainability”
“Datamaran’s AI platform empowers business leaders to confidently navigate the complex ESG landscape by transforming vast amounts of information into actionable insights”
“Dcycle is an ESG software platform founded in 2020 that helps companies collect, manage, and govern sustainability and non-financial data”
“Deepki centralizes your sustainability data, strategy and operations in one place so you can act on carbon, climate risk, and finance”
Diginex describes carbon accounting, sustainability reporting, supply chain, human rights monitoring and ESG investor intelligence for asset managers, banks and companies.
EcoOnline sells software to manage EHS and compliance.
“Enablon is Wolters Kluwer’s integrated software platform for environment, health and safety, PSM, and enterprise oversight, with ESG capabilities embedded as part of a broader risk approach”
“Collect, analyze, and report sustainability, financial, and risk KPIs with 10+ software modules – individually or in line with official standards”
“Manage safety, compliance, ESG, sustainability and operational risk from a platform built to keep programs reliable across sites, teams and operational change”
“The climate management platform built on AI, backed by dedicated sustainability experts”
“Measure, report, and reduce your company's emissions on one audit-ready sustainability management platform”
Greenomy offered ESG reporting software for “compliance with key frameworks, including CSRD, EU Taxonomy, and VSME”, in Position Green’s words.
IBM describes Envizi as a “compliance ready solution for ESG data”.
“Ideagen Carbon Accounting is an AI-powered solution designed to address complex multi-region ESG reporting challenges in carbon accounting”
IntegrityNext describes itself as a “supply chain sustainability intelligence & orchestration platform”.
“Bring safety, environment, and quality workflows into one connected platform”
IsoMetrix sells software to “manage their environmental, health, safety, sustainability, and social risks”.
“Manglai is a platform to manage all of your environmental impact”
“Measurabl makes subjective sustainability data objective”
“One home for your ESG data, mapped to every framework and rating”
“Novata is a sustainability data management platform built for private market investors, deal teams, banks, and companies that need a scalable way to collect, manage, and act on sustainability data”
“One digital solution for sustainability planning, data management, reporting, analysis and action - built for enterprise”
Oracle Fusion Cloud Sustainability
“Oracle Fusion Cloud Sustainability is a new offering to capture environmental, social, and governance data for any kind of activity that has a sustainability impact”
“osapiens is the AI platform for compliance and supplier intelligence to help companies manage risk and become more resilient”
Persefoni describes software and AI tools to manage an organisation’s “sustainability data, disclosures, and performance”.
“Your certified software for reliable emissions intelligence to measure, report and reduce your carbon footprint”
Position Green describes “a sustainability reporting and management platform that combines powerful software with expert advisory services”.
“Pulsora is an AI-powered sustainability and carbon management platform that automates data collection, measurement, and reporting workflows for sustainability teams”
“Digitally handle occupational safety, quality, sustainability, and environmental management”
“It leverages the full power of the Salesforce ecosystem by pulling an organization’s sustainability data into one place and creating actionable insights to guide strategic decisions”
“Measure your full carbon footprint, build your net zero strategy and develop in-house expertise with a single partner”
SAP Sustainability Footprint Management
“Decarbonize your value chain and calculate your corporate and product carbon footprint at scale with ERP-centric, AI-enabled carbon management”
ServiceNow Operational Sustainability Management
“ServiceNow Operational Sustainability Management helps organizations manage, visualize, and report on sustainability efforts and risks across environmental, social, and governance (ESG) programs”
SINAI describes “audit-grade Scope 1–3 accounting, automated compliance reporting, complete supply chain visibility” and decarbonisation planning for global enterprises.
“Sphera unifies risk, safety and sustainability into a single enterprise-wide view — connecting intelligence across operations, products and supply chains”
“Sweep's AI turns sustainability data into measurable business performance”
“Manage sustainability metrics intelligently in medium-sized businesses - through automated processes, AI-powered carbon accounting, and audit-proof ESG reports”
“Terrascope is an enterprise carbon management and decarbonisation platform for companies with complex supply chains”
“Trace combines AI-powered software with expert advisory support to help organisations meet their mandatory climate and sustainability reporting obligations, efficiently and with confidence”
“Unravel Carbon is the climate platform helping companies with global supply chains make data-driven decisions”
“Carbon accounting is often the first step companies take toward climate disclosure, compliance, and action—and with Watershed, it’s part of your complete enterprise sustainability platform”
“Workiva Carbon is an end-to-end carbon accounting software solution that enables organizations to measure, manage, collaborate on, and report emissions data”
“Worldfavor is a supply chain due diligence platform founded in Stockholm in 2016”
“Carbon management software with experts built in, so you can move from measurement to action without spreadsheets or one-off consulting projects”
Alphabetical, which ranks nothing.
Each description is the vendor’s own words from its own site, read 11 October 2026 and 30 September–1 October 2026; prices appear only where the vendor publishes one.
No product here has been tested by this site.
Many of these platforms have put real thought into materiality workflows; ask each one which test it was built around and how it keeps prior years.
51 vendors, own wordsExplore
51 vendors, own words
Filed under ESG reporting
51 vendors in this site’s registry.
51 vendors, own words
Alphabetical
The order ranks nothing.
51 vendors, own words
Their own words
What each vendor says about itself, read 11 October 2026 and 30 September–1 October 2026.
51 vendors, own words
Which test
Not recorded in the registry: ask whether it runs UK SRS, ESRS or both.
No standard tells a company what is material, so the record of how it decided is the thing the board signs off.
That is the sentence to put to the board before the first workshop.
Takeaways
Materiality assessment software, in five facts
| Fact | What it means for a tool |
|---|---|
| UK SRS sets no materiality thresholds | Any cut-off in the tool is your choice; record it as one. |
| UK SRS is single, investor-facing materiality | Name the test on every assessment. |
| Not material need not be disclosed | Keep the reason for each omission. |
| Judgements are reassessed at each reporting date | Keep each year; never overwrite. |
| The ESRS text has no materiality matrix | A matrix is presentation, not a requirement. |
Next: copy the eight questions above into your next demo, then use the materiality assessment guide to plan the first workshop.
Frequently asked
Materiality assessment software, answered
What is materiality assessment software?
Software that runs and records the process a company uses to decide which sustainability matters are material: building a long list, scoring or judging each item, keeping the evidence and the reasons, and producing the list that drives the report. It holds the judgement; it cannot make it.
Does UK SRS use double materiality?
No. UK SRS S1 asks for information about sustainability-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, its access to finance or cost of capital, for primary users: existing and potential investors, lenders and other creditors.
Double materiality is the EU ESRS test.
Does UK SRS set a materiality threshold?
No. UK SRS S1 ¶B19 says the standard does not specify any thresholds for materiality or predetermine what would be material in a particular situation.
Any threshold in a tool is the company’s own choice and should be recorded as such.
Do I have to disclose everything a standard lists?
No. UK SRS S1 ¶B25 says an entity need not disclose information otherwise required if it is not material, even where the standard describes it as a minimum requirement.
How often must materiality be reassessed?
Under UK SRS S1 ¶B28, judgements are reassessed at each reporting date.
A tool should keep each year’s assessment rather than overwrite it.
Is a materiality matrix required?
No. The phrase “materiality matrix” does not occur anywhere in the revised ESRS published as Delegated Regulation (EU) 2026/1563, and UK SRS does not require one.
A matrix is a presentation choice.
Does EFRAG prescribe a materiality process?
No. EFRAG’s IG 1 is non-authoritative and says the ESRS do not mandate a specific process; it describes four illustrative steps and says one assessment should cover both the impact and financial perspectives, not two separate processes. It was written for the 2023 ESRS.
Is the revised ESRS in force?
The revised ESRS have been published as Delegated Regulation (EU) 2026/1563 but were recorded as published and not yet in force when this page was checked.
EFRAG had issued no implementation guidance for them as at 11 October 2026.
Can the SASB Standards tell me what is material?
They give a starting list.
The IFRS Foundation says each industry standard addresses the typical company and is neither a floor nor a ceiling, and each company decides which topics apply to it.
UK SRS S1 ¶55 says an entity may consider them.
Does “enterprise value” appear in UK SRS?
No. The ISSB removed “enterprise value” from the final IFRS S1, and the phrase does not appear in UK SRS S1 or S2.
The test is framed around cash flows, access to finance and cost of capital.
Do UK listed companies have to apply UK SRS materiality from 2027?
They report against UK SRS on a comply-or-explain basis for periods beginning on or after 1 January 2027 if they are in UKLR 6, 14, 15, 16 or 22, under FCA PS26/19.
It is not mandatory in the sense of a fixed duty to comply.
Has this site tested any materiality assessment software?
No. This page is built from UK SRS, the IFRS S1 Basis for Conclusions, the revised ESRS and EFRAG’s guidance, and the vendor list quotes only what each vendor says about itself.
Sources
Primary sources
Every statement on this page traces to the provision listed here.
Vendor descriptions are cited on each vendor’s profile to the vendor’s own page.
Checked against 17 sources fromDepartment for Business and TradeFinancial Conduct AuthorityIFRS FoundationEUR-LexEFRAGFinancial Reporting Council
- Department for Business and TradeUK SRS S1 General Requirements (PDF), ¶¶3, 17–19, 55, B19, B25, B28
The UK test, no thresholds, and reassessment at each reporting date.
- Department for Business and TradeUK SRS S1 and UK SRS S2: publication page
Published 25 February 2026.
- Department for Business and TradeGovernment response on the UK SRS exposure drafts
How the UK standards were settled.
- Financial Conduct AuthorityPS26/19 — final rules on UK SRS reporting by listed companies
Comply or explain for periods beginning on or after 1 January 2027.
- IFRS FoundationIFRS S1 Basis for Conclusions, BC34, BC39, BC67, BC69
“Enterprise value” removed from the final standard; judgements differ from the accounts.
- IFRS FoundationEducational material on material information (19 November 2024)
Explanatory only; it sets no threshold.
- IFRS FoundationIFRS S1 supporting materials
Where the educational material sits.
- IFRS FoundationIFRS S1 General Requirements
The international text UK SRS S1 is based on.
- EUR-LexCommission Delegated Regulation (EU) 2026/1563 — revised ESRS, Annex I, ESRS 1 Chapter 3
The double materiality assessment as published; not yet in force.
- EUR-LexCommission Delegated Regulation (EU) 2023/2772 — the 2023 ESRS
The ESRS EFRAG’s guidance was written for.
- EFRAGIG 1 Materiality Assessment (May 2024)
Non-authoritative; no prescribed process; one assessment covering both perspectives.
- EFRAGEuropean Sustainability Reporting Standards
EFRAG’s ESRS pages.
- EUR-LexAccounting Directive 2013/34/EU, consolidated 18 March 2026
Where the CSRD duties sit.
- EUR-LexDirective (EU) 2026/470 (Omnibus I)
The 2026 changes to CSRD scope.
- IFRS FoundationUnderstanding the SASB Standards
Industry topics as a starting list; neither a floor nor a ceiling.
- IFRS FoundationSASB Navigator: Materiality Finder
The public industry topic browser.
- Financial Reporting CouncilSustainability reporting FAQs
The FRC’s questions and answers on UK sustainability reporting.