IFS Gains Clarity on Sustainability Priorities to Drive Strategic Focus and Impact
IFS replaces subjective materiality assessments with a data-driven process, gaining a 72% productivity improvement and audit-ready CSRD reporting.
Results
Datamaran has given us a deeper understanding of our sustainability priorities. It's an efficient, data-driven way to confidently assess where we can make the most impact, as well as our key risks and opportunities.
Overview
IFS, a leading Industrial AI provider serving manufacturing, aerospace and defense, energy, and service management, launched a multi-year sustainability strategy with embedded governance in 2022 and published its first annual sustainability report. To identify and prioritize high-impact initiatives with less manual workload, IFS turned to Datamaran.
Challenges
Traditional stakeholder-driven assessments reflected high-visibility issues like climate change regardless of direct business relevance, and gathering and analyzing stakeholder input was manual and time-consuming. The approach also stopped at material topics without deeper risk and opportunity analysis — and with CSRD approaching, IFS needed stronger reporting processes, assurance readiness, and internal alignment.
Solution
Datamaran's automated double materiality assessment removed the overreliance on stakeholder subjectivity, while its built-in survey tool streamlined engagement without a separate platform. The team gained clearer risk and opportunity insight for enterprise risk management, benchmarking and regulatory monitoring to sharpen reporting quality, and a documented workflow that made the assurance process smoother for auditors.
Impact
Data-driven insight replaced subjective assessment, and automation delivered a 72% productivity gain year-over-year compared to the manual approach. The process gave IFS's CSRD-aligned reporting more structure and credibility, and auditors validated the DMA process as robust with no major concerns. Outputs now inform board-level discussion and underpin IFS's 2029 vision.
Results
- First double materiality assessment completed with Datamaran, integrated into IFS's sustainability report
- Stronger assurance process backed by data-driven documentation
- A foundation for updated sustainability KPIs and targets
- Clear prioritization that focuses resources on the issues that matter most
Looking Ahead
IFS continues to use Datamaran to sharpen its sustainability priorities and keep pace with regulatory change, with insights feeding directly into board-level strategy.
