Materiality assessment
The importance of materiality assessments in the context of our value generation process cannot be understated. These comprehensive evaluations help identify key factors with the potential to significantly affect long-term value. Material issues, which can positively or negatively impact our operations, play a crucial role in our ability to create and maintain value for our stakeholders in the short, medium, and long term.
To identify the elements that hold material significance to our organisation, we undertake a rigorous examination of the external business environment, consider the interests and concerns of our stakeholders, and assess the main corporate risks and opportunities. This helps us determine how these factors might influence our strategic and operational plans. Our strategy has evolved over time, in response to the material matters identified. This evolution takes into consideration stakeholder concerns, company specific risks, and the external operational environment across our markets.
Our approach
Our approach to addressing material aspects critical to our business follows a well-established, four-step process that ranges from identification to disclosure.