Materiality

Materiality is an important tool to identify key topics that are critical to our business performance and interests our stakeholders. Analysis of these material topics helps us define our strategic goals and ambitions, and thereby institute an effective sustainability framework. Our materiality processes are in line with the Global Reporting Initiative (GRI) Standards Guidance.

Materiality Determination Process:

We conduct sectoral analysis, study industry peers, seek guidance from sustainability standards and frameworks, and based on our learning from previous experiences, we identify a comprehensive list of material topics. The identified material topics are then prioritised based on our engagements with key internal and external stakeholders; and through senior management interactions. A suitable action plan is then instituted along with mapping of strategic goals and targets. The performances against the set targets are monitored and the action plan is revisited as required.

Identification and Assessment
of Material Topics

Prioritisation of
Material Topics

Set Strategic
Goals

Develop
Action Plan

Review of
Performance

Our Materiality:

We have categorised our material topics under 5 broad areas: Decarbonisation, Resource Use, Quality of Life, Diversity and Governance

Decarbonisation

Energy Management
Emission Management
Climate Change

Resource Use

Water Management
Waste Management
Product Stewardship
Waste Management
Product Stewardship
Responsible Product
Sustainable Supply

Quality of Life

Human Rights
Occupational Health and safety
Employee Engagement and
Well-being
Community development
Customer Satisfaction

Diversity

Gender Diversity
Inclusivity

Governance

Corporate Governance
Risk Management
Compliance
Innovation / IP Management

Materiality Assessment:

Category	Material Topic	GRI Topic	Boundary	Capitals Impacted
Decarbonsisation	Energy Management	GRI 302: Energy	Internal and External	Natural Capital
	Emissions Management	GRI 305: Emissions	Internal and External	Natural Capital
	Climate Change	Non-GRI	Internal and External	Natural Capital
Resource use	Water Management	GRI 303: Water and Effluents	Internal and External	Natural Capital
	Waste Management	GRI 306: Waste	Internal and External	Natural Capital
	Product Stewardship	GRI 416: Customer health and safety	Internal and External	Intellectual Capital Manufacturing Capital Social and Relationship Capital
	Responsible product	Non-GRI	Internal and External	Intellectual Capital Manufacturing Capital Social and Relationship Capital
	Sustainable Supply Chain	GRI 308: Supplier Environmental Assessment GRI 414: Supplier Social Assessment	Internal and External	Social and Relationship Capital Natural Capital
Quality of Life	Human rights	GRI 412: Human rights	Internal and External	Human Capital Social and Relationship Capital
	Occupational Health and Safety	GRI 403: Occupational Healt and Safety	Internal	Human Capital
	Employee Engagement and Well-being	GRI 401: Employment GRI 404:Training and Education	Internal	Human Capital
	Community Development	GRI 413 - Communities	External	Social and Relationship Capital
	Customer Satisfaction	Non-GRI	External	Social and Relationship Capital
Diversity	Gender Diversity	GRI 405: Diversity and Equal opportunity	Internal	Human Capital
Diversity	Inclusivity	GRI 406: Non-discrimination	Internal	Human Capital
Governance	Corporate Governance	GRI 102: General Disclosures	Internal	Financial Capital Human Capital Social and Relationship Capital
	Risk Management	GRI 102: General Disclosures	Internal	Financial Capital Manufacturing Capital Intellectual Capital Natural Capital Human Capital Social and Relationship Capital
	Compliances	GRI 307: Environmental compliance GRI 419: Socio-economic compliance	Internal and External	Financial Capital Manufacturing Capital Natural Capital Social and Relationship Capital
	Innovation / IP Management	Non-GRI	Internal and External	Financial Capital Manufacturing Capital Intellectual Capital