A report based on research
We did our homework and followed every protocol
As part of Logoplaste’s sustainability reporting process we performed our second Materiality Assessment in the last quarter of 2021 to update environmental, social, and economic topics most relevant to our stakeholders.
Stakeholders were identified based on how much they influence our business model and operations. These include Employees, Sustainability Board and Committee, Customers, Suppliers, Local Communities*, Regulators & Associations.
* The relevancy of topics for the local communities was evaluated through regulators and associations
By understanding our stakeholders’ priorities and concerns, we can identify associated risks, as well as business opportunities, that affect the creation of value or impact our business
1
We conducted a benchmark to identify the potential material topics. Our main sources were:
- The Global Reporting Initiative (GRI) standard
- Sustainability reports published by peers and customers
- Sustainability rating systems (CDP and Ecovadis), stakeholders’ inputs (from meetings, conferences, discussions)
- Sustainability topics in the media
- New and emerging legislation and policies
- The previous Logoplaste materiality assessment (2019).
2
Our Sustainability Board defined 18 relevant topics to be surveyed, as well as the thresholds and weights to be considered for the materiality matrix
- Ethics & Integrity
- Performance Compliance
- Materials & Product Characteristics
- Energy & GHG Emissions
- Water Management
- Operational Waste
- Data Privacy & Cybersecurity
- Employee Well-Being
- Human Rights & Labor Practices
- Inclusion, Diversity & Equal Opportunities
- Occupational Health & Safety
- Local Communities
- Compliance
- Sustainable Procurement
- Innovation & Development
- Wall to wall (W2W) Business Approach
- Value-Chain Partnerships
- Circularity & Education
3
An online sustainability survey was sent to 281 stakeholders, with a response rate of 80%.
4
Results were presented in a materiality matrix, reviewed and approved by the Sustainability Board. The resulting material topics were:
- Innovation & Development
- Ethics & Integrity
- Energy & GHG Emissions
- Materials & Product Characteristics
- Circularity & Education
- Human Rights & Labor Practices
- Compliance
- Operational Waste