4 minute read
Materiality
102-40; 102-42; 102-43; 102-44; 102-46; 102-47; 102-49
The future is being shaped at all times.
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The strategic and assertive management of sustainability in an organization requires the identification and prioritization of its issues – the most relevant subjects of
the ESG agenda for the strategy and
the creation of shared value. And this is not just about the organization: it applies to all its stakeholders, from shareholders to neighborhoods. Materiality goes beyond defining priority topics: It is a strategic management tool for the company.
To this end, we employ the Strategic Materiality methodology.
Strategic Materiality
Research and Analysis
• Benchmark Analysis; • Sectorial analysis; • Analysis of MRV& Co’s strategic guidelines. Identifying Strategic Materiality allows the company to deal with ESG issues organically in the organizational strategy. The process is done in stages and critically analyzes what is relevant to stakeholders and the company. Thus, it is possible to gain insights into what matters and what the priority are and to identify diverging interests – which, in turn, points to ways to align the stakeholders’ expectations with the organization’s business model and strategy.
Strategic Materiality is built around the concept of Stakeholder Capitalism, which considers the relationship and engagement of stakeholders as pillars of the company’s superior performance
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• In-depth interviews with the company’s key players; • Survey with extensive participation of stakeholders.
Data Analysis
• Considers the prioritization and relevance of the themes emerging in the first two stages..
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STRATEGIC MATERIALITY OPERATIONAL SYSTEM
• Development of the SOME tool to perform stratified analysis by stakeholder groups
Validation
• Validation is carried out with MRV&CO’s top leadership aiming at the final definition of the material topics to be addressed.
MRV&CO’s 8 Material Issues
At MRV&CO, we have thus identified eight key issues. They are major pillars in our strategic management as they connect with our priority SDGs, reveal the main sustainability challenges in MRV&CO’s business, and inspire us to make our impacts increasingly positive. Learn more about them now in this section, as well as the corresponding GRI indicators and the SDGs related to the MRV 2030 Vision
Quality Education 8
Decent work and economic growth 9
Industry, innovation and infrastructure 10
Reduced inequalities
Sustainable cities and communities 12
Responsible consumption and production 13
Climate action 17
Partnerships for the goals
Sustainable Construction
GRI 203 • 301 • 302 • 303 • 304 • 305 • 306
To contribute to the development of sustainable and smart housing and urbanization models and raise awareness about them
How? Through new construction technologies; by understanding the social contexts in the areas where we operate; by analyzing the projects’ life cycle; with responsible and efficient management of water, energy, emissions, and the use, reuse, and disposal of materials; through environmental protection and reduction of possible environmental impacts.
Governance, Ethics and Integrity
GRI 205
To reinforce the best corporate governance practices within the Management Excellence Model (MEG).
How? By ensuring integrity in relationships and processes, a culture of compliance, anticorruption, due diligence, and management of the Code of Conduct, and assessing and mitigating all compliance risks that may arise between us and in our chain.
Product Quality
GRI 416
To meet and exceed customer expectations, needs, and desires in the scope of our developments and projects.
How? With proactive planning, quality assurance, attention to user health and safety, and constant search for improvement, innovation, and certifications that recognize the excellence and sustainability of our products.
Operational Efficiency Health and Safety
GRI 403
Data Privacy and Security
GRI 418
Business Strategy and Economic Performance
GRI 201 • 202
People Management (Development and Remuneration)
GRI 404
To ensure that our operations, from planning to after-sales, are efficient, responsible, and sustainable processes and that they meet high-quality standards. To encourage the entire chain and the civil construction sector to follow the same parameters and raise operational efficiency together.
How? With innovation, research, and development, and by meeting and demanding strict requirements and standards established internally, both by the market and international agreements. To strengthen a culture of protection and respect for life, focusing on the well-being of direct and indirect employees, in addition to accident prevention and the pursuit of zero casualties.
How? Cumprindo e superando as normas e requisitospadrão de saúde e segurança ocupacionais, para assegurar as melhores condições de trabalho para todas as áreas e equipes. To protect, at all costs, the data relating to our stakeholders – customers, direct and indirect employees, neighboring communities, suppliers, and shareholders – and ensure that they are never violated or used for purposes that are not in their best interest.
How? Through assertive policies and management that guarantee the security and protection of our stakeholders’ data in accordance with the General Personal Data Protection Law (LGPD). To create an organizational strategy that favors good economic performance, based on being a housing platform that ranges from housing developments to urbanization for the development of sustainable cities.
How? By being faithful to the assumptions that brought us here: a fair and ethical organization that promotes decent and dignified work, with operational efficiency, quality, and the search for a sustainable standard of construction. To stimulate human and professional development; to ensure that our professionals are compensated properly by valuing their knowledge, performance, and ability; to ensure an environment free of harassment and noncompliance; to watch over human and labor rights, and to build development ties with communities.
How? By promoting an encouraging, diverse, and inclusive work environment, with policies for positions and salaries, training, retention, combating discrimination, and guaranteeing human rights that are constantly reviewed and updated.