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

    Accelerating the energy transition
  • 1
     Energy efficiency
  • 2
     Innovation
  • 3
     Renewable energy
  • Governance
  • 4
     Anti-bribery
  • 5
     Ethical behavior
  • 6
     Human rights in supply chain
  • 7
     Ownership & control
  • 8
     Transparency
  • 9
     Data security
  • Sustainable operations
  • 10
     Waste reduction
  • 11
     Water consumption
  • 12
     Carbon emissions
  • Our people
  • 13
     Diversity
  • 14
     Health & safety
  • 15
     Talent attraction & retention
  • 16
     Talent development
  • Impact on society
  • 17
     Local community engagement
  • Sustainable buildings
  • 18
     Biodiversity
  • 19
     Life cycle assessment
  • 20
     Modular & circular principles
  • 21
     Smart cities
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Importance to stakeholders
Impact on Cordeel business