Page 39 - Balmer Lawrie Sustainability Report 2022_Single Pages
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Material Topics are topics that reflect a Materiality Assessment Process
reporting organisation's significant
economic, environmental, and social Identifying a list of
impacts; or that substantively influence Identify material issues
through industry
the assessments and decisions of research and peer
review
stakeholders. We follow a structured
process to identify our material
sustainability priorities which are
reviewed from the perspective of Proritize Validate
whether they present a risk or an
opportunity.
Engaging with Validating the
stakeholders to narrow identified and
Materiality assessment allows us to better understand the down the list of prioritized issues
perspectives of stakeholders’ groups on important material aspects by the senior
materiality issues. We conduct a comprehensive materiality management
assessment exercise to evaluate and prioritize our material Prioritizing the material Preparing the
issues as Moderate
issues. The material issues of the industry peers are also Significant & Major materiality matrix
referred during the materiality assessment.
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