Integrated annual report 2020

Page 133

Materiality and stakeholder dialogue Materiality determination In 2018, we proceeded to a materiality assessment process with

matrix, which was also validated by our Board of Directors.

external expert assistance, enabling us to further report on the

The process consisted of four steps:

most relevant topics. The assessment concluded in a materiality

1 External analysis

First an external materiality view was taken not only capturing

Relevant topics, on which Proximus can have an impact in

Proximus’ sustainability issues but also the ones of the industry

society were identified. Based upon this subsequently a shortlist

as a whole. A media analysis as well as a peer review and

could then be validated with internal stakeholders.

reputation survey were taken into account.

2 Internal materiality workshop

We organized a well prepared, semi-structured and facilitated

We started from the aforementioned long list of highly material

workshop thereby mapping our stakeholders and highly

topics and stakeholders obtained in the external analysis, which

material topics. The workshop included representatives of

we then plotted to define those that are truly key.

all the business units, management and support functions of Proximus.

3 Integrated materiality matrix

The integrated materiality matrix combines the external analysis

topic on society. In a simplification exercise to ensure we direct

and the results of the internal materiality workshop into one

our strengths where most needed, we decided to focus our

materiality matrix. It provides a comprehensive overview of the

actions and reporting on the topics of the upper right quadrant,

most highly material topics taken from both views.

which are most material for our stakeholders and the impact Proximus can have. The definition of those highly material

The combination of the horizontal axis and the vertical axis

topics as well as their boundary can be found on the next page.

determines the degree of impact that Proximus has with the

4 Implementation

In 2020, we pursued our actions based on the materiality

quadrant of the matrix 2018. This allows us to focus on a more

matrix established in 2018 and made a light review of our

selected number of material topics. Nevertheless these two topics

material topics based on SASB and our new strategy in order to

are still covered and disclosed in our environmental and social

focus on the topics that are the most relevant today. To reflect

statements.

better our strategic exercise, the topics “health and safety” and “responsible marketing” were removed from our list of highly

Our next materiality assessment will be held in 2021 and

material topics. This choice was confirmed by the fact that these

will reassess the relevancy of the material topics with our

topics were located on the lowest border of the upper right

stakeholders.

Proximus Group I Integrated annual report 2020

133


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.