Working with expert consultants, we have prepared our provisional Group double materiality assessment, as part of our preparations to comply with the EU Corporate Sustainability Reporting Directive. The assessment considered outward impacts on society and the environment, as well as the inward financial risk and opportunities.
To conduct our double materiality assessment, we have a structured five step process, which includes; (i) undertaking background research to understand our business content, (ii) defining internal and external stakeholders, (iii) identifying relevant ESG issues from recognised standards and evaluating industry expectations, (iv) rating the ESG issues internally and in consultation with stakeholders and (v) finalising with validation and Boad approval.
Our external stakeholders include clients, candidates, community partners, third-party contractors, industry bodies, investors and suppliers. Find out more about stakeholders and our engagement activities here.
All ESG issues are important as we are committed to being a responsible and sustainable business. However, we recognise that those ESG issues, once confirmed as material, will provide us with the greatest opportunity to drive our long-term sustainable success. Material issues will be directional in terms of policy development, reporting and disclosures, risk management, objective setting and ongoing stakeholder engagement.
