Water materiality assessment

Understanding water-related dependencies and impacts across the value chain can be complex. At Water Footprint Implementation, we simplify this process by providing modelled water data for your entire value chain. Our analyses reveal where water resources and ecosystem services are most under pressure, identifying hotspots that highlight potential risks and opportunities for your organization.

Why water matters for your materiality assessment

Water is essential to both environmental and financial resilience. Yet, it remains one of the least addressed topics in sustainability reporting. Our Water Materiality Checklist helps you identify where water matters most, turning overlooked risks into actionable opportunities. 

Supporting your double materiality assessment

Our approach is fully aligned with double materiality principles, helping you understand both dimensions of water-related sustainability:

• Impact materiality: where your operations and supply chain influence water resources and ecosystem services.
• Financial materiality: how water dependencies can affect business continuity and ESG performance.a

This insight is particularly relevant when screening the material impacts, risks and opportunities (IROs) related to water and preparing your reporting under frameworks like ESRS, GRI, ISSB or CSRD.

Supporting your LEAP assessment

Our water footprint assessment tool and methodology align with the LEAP approach for conducting a double materiality assessment (DMA). They help you:

• Identify hotspots across operations and supply chains
• Evaluate dependencies and impacts
• Gain insights into potential risks and opportunities
• Collect the data needed for credible, standards-aligned reporting

More information can be found here.

Science-based alignment

Our methodology also aligns with the Science Based Targets Network (SBTN) freshwater guidance, supporting organizations in defining science-based water consumption targets. This helps you prepare for robust, LEAP-aligned water reporting.

Together, we turn data into direction