The materiality analysis is the process that, through the continuous and direct engagement of stakeholders, enables the identification and evaluation of the priority issues for the stakeholders. It is based on the relevance of these issues and on comparing them with the Group’s priorities and its industrial strategy. It also considers the impacts incurred and generated on the economy, the environment and on people, including impacts on human rights.
The issues are classified into themed categories of business and governance, social issues and environmental issues. They are represented on the basis of the priority attributed by the stakeholders (the graph’s horizontal axis) and the company (the graph’s vertical axis). The Group’s overall graph takes into account the contributions from the main companies involved in the process, based on the relevance of the type of business in which they operate.
In 2020 the analysis referred to 18 countries, 52 companies and 28 assets. It considered 432 initiatives involving stakeholders that were relevant to the Group.