Perspectives and approaches to materiality in sustainability reporting: the principle of dual materiality

The unsustainability of the traditional linear growth development model has given rise to the need to redesign policies to overcome the crisis of resources and equity that is gripping our century, redefining the foundations for concrete social and environmental responsibility. The idea in short is that the concept of shared value - which focuses on the connections between social progress and economic progress - is potentially capable of unleashing the next wave of global growth, involving the entire range of political, institutional and market actors. The orientation towards sustainability has therefore attributed a critical role to the business world in the process of generating value, inducing a rethinking of the very purposes that the company is called to pursue. In this context, corporate social responsibility has fueled new managerial logics, outlining a model of management and governance of the company based on balancing the interests of all stakeholders, thanks to the integration of traditional economic objectives with environmental and social ones.