Materiality matrix
In 2022, we assessed our most material topics using a materiality matrix for the first time. It helped us to better identify and understand the importance of specific ESG topics for our stakeholders.
Methodology
We created a list of 33 ESG topics, which we compiled by analysing material topics used by ESG rating agencies and other companies in our sector. Our Sustainability Committee narrowed that list down to 21 ESG topics that were most relevant to our business, and we grouped them into 6 categories.
To gauge the importance of these topics, we conducted an anonymous survey with 90 of our most important external stakeholders (including customers, financial institutions, suppliers, cities & municipalities, social partners) and 30 internal stakeholders (senior management and Board Of Directors). Based on their knowledge of Cordeel and our industry, as well as their expectations for the future, we asked them to rate the significance of each ESG topic. The resulting materiality matrix was then validated by our Board of Directors.
Most material topics
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1Energy efficiency
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2Innovation
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3Renewable energy
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4Anti-bribery
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5Ethical behavior
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6Human rights in supply chain
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7Ownership & control
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8Transparency
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9Data security
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10Waste reduction
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11Water consumption
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12Carbon emissions
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13Diversity
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14Health & safety
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15Talent attraction & retention
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16Talent development
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17Local community engagement
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18Biodiversity
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19Life cycle assessment
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20Modular & circular principles
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21Smart cities
Accelerating the energy transition
Governance
Sustainable operations
Our people
Impact on society
Sustainable buildings
Importance to stakeholders
Impact on Cordeel business