Materiality analysis

The Company performed a materiality analysis as set out in the GRI Sustainability Reporting Standards to define the individual topics to be disclosed in the Non-financial Statement pursuant to Legislative decree no. 254/2016. The main steps comprising this analysis are set out below:

  • Internal identification of the possible non-financial topics relevant to the construction sector, by analysing peers, reports published by analysts and ESG (Environmental, Social, Governance) rating agencies, sector studies and the media;
  • Internal prioritisation of the identified topics, by involving the main departments that participate in the non-financial reporting process;
  • External prioritisation of the identified topics, by analyzing engagement with the Group’s main stakeholders over 2017, for example, questions most frequently asked by clients during the pre-qualification and tender stages, questions most frequently asked by analysts and SRI investors in questionnaires and specific applications and questions raised by the trade unions. During the same year, the Group performed a survey of the list of the individual topics involving internal (employees) and external (suppliers, sustainability experts, non-profit organisations, analysts, etc.) stakeholders;
  • Approval of the relevant aspects by management involved in nonfinancial reporting.

The material aspects identified by the materiality analysis, grouped into the macro categories provided for by Legislative decree no. 254/2016 are listed below:

 

Topics as per Leg. decree no. 254/2016 GRI related material aspects Materiality within the Group Materiality outside the Group
Environment Materials, Energy, Water, Biodiversity, Emissions, Waste and Environmental compliance Direct activities performed at the offices and work sites Activities performed by subcontractors and Service providers
Personnel Employment, Industriai relations, Health and safety, Training, Diversity and equal opportunities* and Non-discrimination Direct activities performed at the offices and work sites Activities performed by subcontractors and Service providers
Human rights Freedom of association and collective bargaining, Child labour, Forced or compulsory labour, Security practices and Indigenous rights Direct activities performed at the work sites Activities performed by subcontractors and Service providers
Anti-corruption Anti-corruption Direct activities performed at the offices and work sites Activities performed by thè third parties defined in the Anti-corruption Model
Supply Chain Supplier environmental assessment, Supplier assessment for impacts on society Direct activities performed at the offices and work sites Activities performed by subcontractors and Service providers
Social Market presence, Procurement practices, Locai communities and Indirect economie impacts Direct activities performed at the offices and work sites Activities performed by clients and subcontractors

* The equal opportunities topic is only material for the corporate otfices as it is of little significance at the work sites given the characteristics of the construction sector, which is a predominantly male domain

Last update: 04/07/2018