The need to respond to legal requirements, the awareness that the document is receiving closer attention from financial analysts and the entry into the sector of electricity generation from photovoltaic sources, required a new update of the process for analysing potentially relevant topics for the Group.
The process was followed by the Corporate Social Responsibility department which, during an initial documentation analysis phase, identified the most relevant aspects for the Group's sustainable development based on literature, the topics most frequently covered by sector companies, the demands arising during annual ESG (Environmental, Social, Governance) assessments, the issues discussed with stakeholders and, in general, the regulatory context of reference including Decree 254.
The set of topics (57) were then grouped into macro-themes (22) in order to analyse them in a manner not too widespread and detailed.
The analysis was carried out through interviews with external stakeholders and an on line survey with 100 employees, to identify the topics that in their opinion could better represent the ERG Group outside; with management to identify the areas which are considered to be of greater impact in relation to the Group's industrial and sustainability strategy.
The results of the materiality analysis (presented in this document) were submitted for assessment and approval by the Sustainability Committee. This assessment allowed us to develop a new materiality matrix containing the relevant topics reported in this document, and to assess them according to the principles set out in the "GRI sustainability reporting standards 2016": stakeholder involvement, context of operations, materiality and completeness of data.
In this respect, the NFS was drawn up to the extent necessary to ensure the understanding of the Group's business, its performance, its results and of the impact it generates, covering the relevant topics referred to in art. 3 of Decree 254 (concerning the fight against active and passive corruption, the environment, personnel management, social aspects and the respect for human rights).
Page updated at 29 Apr 2019