The focus of GF activities during 2017 was based on the measures defined as part of the GF Strategy 2020 and the Sustainability Targets 2020. As part of the process to derive this report, as well as to go one step further and define the reference points for a comprehensive sustainability strategy, in March 2018, we conducted a materiality assessment workshop, bringing together the internal company perspective with that of GF’s broad range of external stakeholders.
In this session, we held a discussion on which topics carried highest relevance for GF at that point in time and the topics set to gain importance in the foreseeable future. The structured workshop included specialists from HR, the three divisions, and the Procurement, Logistics, Risk, Compliance, Investor Relations, Communications, and Sustainability departments. Input and feedback received throughout 2017 in various interactions with customers, employees, investors, regulators, and other external stakeholders was incorporated into the discussion. The outcome was summarized, verified with senior management, and fed into the resulting materiality matrix. The comprehensive sustainability strategy definition will be initiated in the second half of 2018.
The details behind each category in the matrix, as well as the reasoning behind their placement, are described below (see graphic and tables).
Topics of high relevance
The following topics were identified as being relevant for the business of GF, but carrying lower materiality weight. We therefore keep them on our radar for future development, while at the same time ensuring that GF leaves a positive impact in these fields with regard to the affected stakeholders.