These priorities are determined on the basis not only of stakeholder expectations and business analysis, but also on studying the setting in which Sisal works, so making the company’s operations more effective in its pursuit of shared development.
The materiality analysis process
The materiality analysis is performed in compliance with the G4 guidelines issued by the Global Reporting Initiative (GRI) and based on the careful study of both internal and external sources, which are monitored periodically to keep the map of the issues involved up-to-date.
The subjects identified in this process are examined by the Sustainability Committee, which supervises the preparation of the Sustainability Report each year, and by the Management representatives directly involved in each of them.
The potentially material issues are then grouped into macro areas, which are classified according to their importance on a scale of three (“high”, “medium”, “low”) and used as the basis for sustainability reporting.
This process has identified seven material areas for Sisal that underpin sustainability reporting and are used to determine the set of indicators involved.
The material issues and indicators are subject to periodic monitoring by the Sustainability Committee to ensure that they are kept up-to-date and that the Sustainability Report gives a true picture of them.