Understanding Materiality

Materiality is about understanding what truly matters.

It’s the process of pinpointing and prioritising the sustainability issues that have the greatest impact on our business, our stakeholders, and the world around us. These are the areas that shape performance, influence decisions, and drive long-term value.

Financial materiality

highlights the sustainability factors that directly shape a company’s financial success, such as influencing growth, profitability, and investor confidence through their impact on revenue, costs, and long-term value.

Impact materiality

is about understanding the difference a business makes in the real world, from it's operational, product or supply chain carbon emissions, human rights, biodiversity, and community wellbeing to fair labour practices. It’s how we recognise our possible impact and take action where it truly counts, creating positive change for society and the environment.