Materiality assessment

Significant sustainability aspects material to the company are reviewed annually, with input from internal and external stakeholders. We focus on those topics that have the biggest impact in terms of accelerating our strategy of creating shared value, building on our core principles of sustainability, safety and integrity, including respect for human rights. The assessment focuses on four key areas of risk and opportunity: operations, markets, remaining ahead of legislation and identity.

Managing sustainability – Monitoring progress (graphic)

The materiality assessment is based on key risks and opportunities for the company as they relate to the acceleration of our business strategy and the role of the sustainability agenda. This leads to the key topics and non-financial indicators that are most material for the company. Results of the assessment are validated with internal and external stakeholders.

Materiality matrix

Managing sustainability – Materiality matrix (graphic)

 

Topic

Section of the report

A

Resource productivity

Resource productivity
Note 3: Operational excellence

B

Employee development

Note 4: Employees

C

Safety

Note 7: Safety

D

Circular economy

Note 5: Circular economy and climate

E

Supplier engagement

Note 6: Supplier engagement

F

Customer satisfaction

Note 2: Customer value

G

Innovation & sustainable portfolios

Value selling
Note 1: Sustainable products

H

Climate strategy

Note 5: Circular economy and climate

I

Product safety

Note 7: Safety

J

Integrity

Compliance and integrity management

K

Human rights

Note 8: Human rights

L

Community involvement

Note 9: Programs

M

Fair taxes

Financial information Note 8: Income tax