Stakeholder consultation
The so called ‘materiality assessment’ for our current strategy period (2022-2024) was done in 2021. It gathered insights from external and internal stakeholders to identify key strategic areas. We consulted stakeholders, including customers, employees, investors, NGOs, peers, and board members, through in-depth interviews and surveys. This process evaluated the importance of topics like our carbon footprint, gender balance, and safety and well-being.
Analysis and results
Third-party experts analyzed the input to create a materiality matrix, highlighting the significance of each topic to our success and impact. The below assessment is what guided the 2022-2024 strategy period and strategic targets.
Double Materiality Assessment
In 2023, we aligned our methodology to the European Union's Corporate Sustainability Reporting Directive (CSRD), and we conducted a Double Materiality Assessment. The assessment covered materiality from both financial and impact perspectives, in terms of our impacts, risks and opportunities. The outcome of the assessment has guided us in what targets to set for the upcoming strategy period 2025-2027 and will be published during 2025.
