Materiality matrix

During the year under review, SFS conducted extensive interviews with experts in the defined stakeholder groups as part of its materiality assessment. The most relevant topics for sustainable development were identified on the basis of these interviews.

Six material topics identified

The GRI-defined overview of 34 sustainability topics across six dimensions was used as the basis for designing the expert interviews. The stakeholders involved were tasked with ranking 14 pre-selected topics in order of their relevance with respect to the economic, environmental or social performance of SFS. They were also asked which of the other topics they considered highly relevant. The new materiality matrix was created on the basis of this survey of five stakeholder groups and the assessment performed by the management of SFS. While the evaluation of the external stakeholder groups determines the topics’ positions along the Y axis, their position along the X axis is established based on the opinions expressed by SFS’s management. The material topics that SFS reports on below are indicated in turquoise in the matrix (bubbles 1-6).

Overall, the results of the materiality assessment are very similar to those of previous assessments. In addition to the five material topics to date, human rights have now been identified as another material topic. This even ranks 4th in the external stakeholders’ evaluation, while SFS’s management puts it in 6th place, right after the topic of training and development. Compared to the most recent materiality assessment conducted in 2019, the importance of training and further education has fallen most sharply in the ranking performed by external stakeholders. On the other hand, emissions have become more relevant for both SFS and external stakeholders.





5
Training and education

SFS is heavily involved in this area, which the stakeholders also attach great importance to.





7
Energy consumption




6
Human rights

Compliance with human rights is indispensable and non-negotiable for SFS.





1
Economic Performance

SFS’s economic performance and the value it generates for all stakeholders is at the centre of its daily business operations and decisions.





12
Risk assessment of suppliers (social)




14
Compliance in marketing




13
Effluents and (hazardous) waste




11
Risk assessment of suppliers (environmental)




4
Emissions

SFS uses energy and natural resources in a sensitive and efficient manner to reduce or eliminate environmental impact.





8
Equal opportunities




2
Occupational health and safety

Employees are at the heart of SFS's success. Creating a healthy and safe working environment is a central concern of the company.





3
Socioeconomic Compliance

For us, correct behavior is an expression of lived partnership.





9
Customer health and safety




10
Anti-corruption
Economic Performance

SFS’s economic performance and the value it generates for all stakeholders is at the centre of its daily business operations and decisions.

Occupational health and safety

Employees are at the heart of SFS's success. Creating a healthy and safe working environment is a central concern of the company.

Socioeconomic Compliance

For us, correct behavior is an expression of lived partnership.

Emissions

SFS uses energy and natural resources in a sensitive and efficient manner to reduce or eliminate environmental impact.

Training and education

SFS is heavily involved in this area, which the stakeholders also attach great importance to.

Human rights

Compliance with human rights is indispensable and non-negotiable for SFS.

Energy consumption
Equal opportunities
Customer health and safety
Anti-corruption
Risk assessment of suppliers (environmental)
Risk assessment of suppliers (social)
Effluents and (hazardous) waste
Compliance in marketing