Materiality Analysis
How we identify impacts, risks, and opportunities
Our commitment to transparent and accountable sustainability reporting is based on a multifaceted process broken down into several steps to identify the issues most relevant to our business, environment, and society.
Step 1
Value Chain Mapping
We analyzed all of our activities, from production to distribution, to understand what resources we use, what we depend on, and what sectors we involve along the value chain.
Step 2
Analysis of impacts, risks and opportunities
We identified areas where environmental or social impacts are most likely to occur, or significant risks and opportunities related to ESG issues emerge.
Step 3
Assessment of impact
For each relevant issue, we assessed the impacts, both negative and positive, of our activities on society and the environment, considering both direct impacts and those related to our partners and suppliers along our value chain.
Step 4
Financial assessment
We also analyzed the financial and economic impacts of ESG issues, assessing the risks and opportunities that may affect our development, financial performance, and access to capital.
Step 5
Double Relevance
Through the integration of impact and financial analysis, we have identified the Sustainability Issues that are most significant to us. This approach allows us to take a 360-degree view, useful to guide more informed and strategic decisions, not only in the short term, but also in the medium and long term.
Sustainability Issues Relevant to Us
The Sustainability Issues that we considered relevant are those that generate a significant impact- positive or negative-or that represent important risks or opportunities for our Group. We identified them by referring to the list contained in Appendix A of the European Sustainability Reporting Standards (ESRS), developed with the technical support of the European Financial Reporting Advisory Group (EFRAG) and published by the European Commission in July 2023 through EU Regulation 2023/2772.