In 2022, GF continued to make progress against the goals and measures in its Sustainability Framework 2025, which is an integral part of its Strategy 2025. The company defined these measures by placing specific emphasis on the topics identified as material by its stakeholders.
The company last re-evaluated its topics of material importance in 2019, towards the end of the strategic cycle 2016-2020 and in preparation for the Sustainability Framework 2025. This evaluation led to the creation of a materiality matrix that the Executive Committee approved in early 2020. The company has since reviewed the process it used to identify material topics in 2019, which featured interviews with a diverse group of internal and external stakeholders. These included key customers, suppliers, investors, the Executive Committee, representatives from senior management and employees from different regions.
GF has made no changes to its material topics in this reporting cycle. It is committed to continuously improving and re-evaluating its efforts to foster sustainable development. The company therefore aims to re-design its process to identify material topics in 2023, with a particular focus on identifying and evaluating the impacts it has on the environment, people, economy and human rights. Details of the categories in the matrix and the reasons for their positions on the graph are described in the graphic and tables below.
In line with the requirements of the Global Reporting Initiative (GRI), GF reports on all material topics identified by its stakeholders in this sustainability report. To continue meeting GRI standards, the company continually works to describe its impacts on the environment, people, economies and human rights more precisely.
More information about the measures that have been introduced and the progress made can be found in the chapter Progress on sustainability.
Hover with your mouse over the individual points within the materiality matrix to get more details: