Sustainability

The Materiality Matrix

Our sustainable development priorities

The United Nations 2030 Agenda has identified 17 Sustainable Development Goals (SDGs) for organisations, which represent the routes to take to overcome the complex environmental, social and organisational challenges of our time.

These goals are an important reference point for the international community and are being increasingly taken into account by companies in their medium-to-long-term business plans.

Given the many sectors in which it operates, Pietro Fiorentini is a leading player in contributing to the achievement of 10 out of 17 Sustainable Development Goals of the United Nations.

Prior to the publication of the 2020 Sustainability Report, we have conducted a first materiality analysis process which involved both internal and external stakeholders (especially clients, trade associations, educational institutions, financiers, suppliers, legal and regulatory authorities). This process, which took place at the beginning of 2021, allowed us to define the Materiality Matrix – a tool that allows us to frame and enhance the most important aspects of sustainability, relevant to both the Company and its stakeholders.

 

In order to update the main action lines in terms of sustainability, the list of potentially relevant issues was renewed at the beginning of 2022, and it was reviewed by the Company management. The relevance of each issue has been voted according to the business and internal stakeholders’ perspective. The management has also expressed their opinion regarding the current level of supervision of the Group for each aspect, to effectively identify all possible improvement areas and the related actions to be taken. Regarding the external perspective, we valued the result of the stakeholders engagement process carried out at the beginning of 2021.

 

Below matrix highlights the 13 most relevant aspects (“material”) divided into the three macro areas of governance (which includes also economic performance), social aspects and environmental aspects.

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