We identify and focus on the issues that have the biggest impact on our business and matter most to our stakeholders
Material issues include the economic, environmental and social risks that could affect our reputation and ability to create value over the short, medium and long term.
At Ontex we aim to understand and address the issues with the highest impact to our business and our communities. We are always looking to improve our approach to identifying the most important of these risks and impacts, and report on our approach and progress against material issues transparently.
The materiality process provides the basis of our business strategy.
How we identify and prioritize material issues
Every two years we conduct a materiality assessment engaging different stakeholder groups. The last assessment was in 2016. The next one is planned for 2018.
As a result of the stakeholder assessment a materiality matrix has been developed.