Analysis of material topics
Focus on the essential forms the compass for our sustainability management. Stakeholder interests and the impact of our business activities serve us as cornerstones.
The materiality matrix illustrates our 20 sustainability topics that we currently consider important, their allocation to the five → fields of action, their relevance from a stakeholder perspective, and their impact on the economy, the environment and society. The aim is to identify the sustainability topics relevant for the company and its stakeholders in order to align sustainability management accordingly and to set priorities.
Business and stakeholder relevance
In dialog with different departments, through interviews with managers and in the context of a management workshop, we then discussed the business relevance of the material topics. Furthermore, we analyzed the materiality of the topics from the perspective of selected stakeholders.
- Investor Relations, on behalf of the capital market
- Sales, on behalf of our customers
- Employees, representative cross-section of our staff
In the next step, we plan to conduct a comprehensive direct survey of external stakeholders, such as customers and investors, in order to incorporate this perspective on the Dürr Group to an even greater extent.
Impact on economy, environment and society (ESG)
Apart from the topic analysis, we also assessed the economic, environmental, and social impacts of our business activities and had them validated by external sustainability experts. It showed that by far the greatest impact results from our products and systems.
Regular check of actuality
In 2021, we further specified our materiality analysis. Since then, we have classified the issue of environmental and climate protection as material. The change comes as environmental protection – in particular climate protection – has continued to grow in importance in politics, business and society, and in the perception of our stakeholders. In addition, we see a higher relevance of the topic of “sustainable supply chain” for our stakeholders, especially against the backdrop of the German Supply Chain Due Diligence Act (LkSG), which was passed in 2021.
In 2023, we began to comprehensively revise our materiality analysis with regard to the requirements of the Corporate Sustainability Reporting Directive (CSRD). For each topic, we consider both the risks and opportunities for our company (“financial materiality”) and the impact of our business activities on the environment and society (“impact materiality”). When defining our key sustainability topics, we focus on the entire value chain and involve various stakeholders.
