Materiality
Assessing issues integral
to value creation
Materiality assessment incorporates and prioritises stakeholder views on key issues that impact our business. It provides an opportunity to analyse our business, risk management and growth opportunities through the sustainability lens.
Our key material matters have remained similar over the years barring any changes in the external environment. We incorporate these material matters into our strategy development, governance and disclosures while managing these issues in the short, medium and long term. We have used our material matters to drawn up the targets of our SD 2030 Plan.
2021 MATERIALITY ASSESSMENT
This year, we conducted materiality assessment with stakeholder engagement. We engaged with employees, senior management, government and regulatory authorities, shareholders and investors, suppliers and contractors, local communities, customers, industry and trade associations, media, dealers and distributors, construction professionals, ESG credit rating agencies, labour unions, transporters, and waste generators and received 1,591 responses.
MATERIALITY MATRIX
The material topics in the matrix are arrived at through stakeholder consultation and business impacts in consultation with senior management of the organisation.
MATERIAL TOPICS
Internal
1 Product Quality and Innovation
S3
2 Employee development
S1 S2 S2
3 Mental health & wellbeing
4 Operational Efficiency
5 Talent attraction & retention
6 Cyber security
7 Branding & reputation
8 Digitisation
9 Non discrimination
10 Tax strategy and reporting
11 Diversity and inclusion
Internal and External
12 Economic performance
S1 S3
13 Indirect economic impacts
14 Land acquisition for mines and new plants
15 Supply chain
16 Customer relationship management
17 Sustainable construction
18 Corporate Governance
G
19 Risk management
20 Emissions
S2
21 Climate & Energy
S2
22 Circular Economy
S2
23 Bio diversity
24 Water
S2
25 Procurement practices
26 Anti-Bribery and Corruption
27 Emergency preparedness and response
28 Human Rights
29 Anti-competitive behavior
External
30 Regulatory Compliance
S1 S2 S3
31 Transportation and logistics
32 Occupational health & safety
S2 S3
33 Public policy and advocacy
34 Corporate social responsibility
S2 S3
35 Relocation and rehabilitation
36 Labor management
S1 Accelerating growth
S3 Delivering superior performance
Most critical issues
Less critical issues
S2 Leading in sustainability and innovation
G Governance