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Materiality

With a focus on our own issues

Over the course of 2019, the GEB conducted a new exercise in materiality that will allow us to continue strengthening our strategy and results management, focusing on the most important issues for the Group.

(102-46)

How was the process carried out?

(102-47) This process allowed us to identify ten priority issues for our management as a Corporate Group.

Stage 1
We defined the key elements for the materiality exercise: the appropriate scope for the Group's nature and operations, the timing providing for an update in 2022, the identification of the applicable and relevant regulatory, business and sustainability references and frameworks for the GEB and its stakeholders.
Stages 2 and 3
We identified issues of interest for GEB based on document and business references.
Stage 4
We engaged in dialogs with GEB internal stakeholders: employees and senior management.
Stage 5
With the inputs collected, we prioritized the issues that were identified. For this we took into account variables such as strategy, strategic opportunities and risks of the Group and its affiliates, internal policies, dialogs with employees and rating agencies, among others.
Stage 6
Finally, the results obtained were validated by GEB's senior management.

(102-47) This process allowed us to identify ten priority issues for our management as a Corporate Group.


(102-47)

Materiality Matrix GEB 2019

Matriz de materialidad
Priority issues
  • 1Genuine Relations
  • 2Creation of Shared Value
  • 3Ethics, Compliance and Conduct
  • 4Talent Management
  • 5Superior Performance and Profitability
  • 6Occupational Safety and Health
  • 7Corporate Governance
  • 8Proactive Regulatory Management
  • 9Climate Strategy
  • 10Biodiversity
Financial Management Issues
  • 11Human Rights and Companies
  • 12Water Resource Management
  • 13Supply Chain
  • 14Innovation
  • 15Digital Transformation
  • 16Operating Eco-efficiency
  • 17New Business Opportunities
  • 18Customer Experience