Materiality is an important part of engaging with our stakeholders and ensuring that their concerns are reflected in our approach to sustainability, the issues we focus on and the goals we set.
In 2022, we commissioned a materiality review to explore and understand our most important social and environmental impacts and to understand how our different stakeholder groups view these. The insights from the materiality analysis have informed our ESG strategy, KPIs and targets, and will continue to shape our activities at a global and country level.
The process incorporated interviews with stakeholders and an extensive review of sustainability frameworks and the competitor landscape, to better understand our most important social and environmental issues.
Sustainability is embedded within strategic performance and there is ownership and accountability for these areas across the Board and Executive Leadership Team.
Responsibility for ESG ultimately sits at the Board level, while the Executive Leadership Team is responsible for approving the strategy, and monitoring our progress towards our ESG KPIs. We have a number of dedicated committees for monitoring and reporting on our ESG work.