Materiality

To ensure that  our sustainability work concentrates on the most material topics, we continuously follow the most recent developments and trends in the sustainability field, changes in legislation as well as input from stakeholders. We also update our materiality assessment regularly, although our material sustainability topics tend to stay the same over the years, with only slight variations to their relative importance.

We last updated our materiality assessment in 2022. The aim of the assessment was to identify our material sustainability topics, based on our most significant impacts on the economy, the environment and people, including human rights. In this process, our actual and potential, negative and positive impacts were mapped out, and the perspectives of several different stakeholders were included.

In general, the updated assessment reaffirmed that our sustainability ambitions cover most of our material topics. We continue addressing these issues in cross-functional teams, constantly looking for ways to improve our policies and processes in order to achieve world-class performance in these areas.

The results of the assessment are summarized in the below table, which shows the topics mapped according to our value chain and reflects both potential and actual, as well as both positive and negative impacts.

 

Read more about how we manage the material sustainability topics in our Sustainability Report.