Materiality analysis process
Brembo is aware of how important it is to identify the topics that are relevant for its stakeholders and to choose the contents of this Disclosure to provide an understanding of the activities carried out by the Group, its performance, its results and the impact produced by them, also considering the principles of the
GRI Standards of materiality, inclusiveness, sustainability context and completeness. For this reason, the Group carries out an annual materiality analysis process in order to identify the areas in which its activities may have the greatest impact on natural ecosystems, as well as on the wellbeing of the community, individuals and all of its stakeholders.
In 2019, Brembo involved representatives of the company’s top management in a process aimed at assessing and updating the materiality matrix. Among the 40 new topics identified, 17 more relevant material topics for the Group were selected and evaluated by stakeholders and the company’s top management for the 2019 materiality analysis.
Compared to last year’s efforts, external stakeholders were involved directly. For the current year, stakeholders engagement process was performed on suppliers and customers.
The combination of all evaluations received is illustrated in the 2019 Materiality Matrix, the basis for reporting valid for the three-year period 2019-2021.
The matrix includes the 17 most significant topics, considered by Brembo and its stakeholder, which are placed along two axes:
► the abscissa axis reflects the materiality of the Topics for Brembo;
► the ordinate axis reflects the materiality of the Topics for the Group’s main stakeholders.
The 2019 Matrix was reviewed and approved by the Board of Directors, following examination by the Audit, Risk & Sustainability Committee.
The different colours of the Topics identify the stakeholder category most influenced by the various sustainability aspects.
Furthermore, the topics that are deemed material for Brembo and its stakeholders, which are represented in the Materiality Matrix, have been linked to the 2030 Agenda SDGs, thus creating a connection with sustainable development issues. The result of this activity can be observed clicking on the image of the Matrix below.