The last extensive review of our materiality analysis was in 2018. This comprised asking our stakeholders about the most important sustainability issues for Evonik. A distinction was made between stakeholders with direct and indirect influence. The participants at our stakeholder dialogues formed the basis for our survey.
In addition, we asked internal experts, employee representatives, and specialists from the Evonik regions for their opinions. Particular attention was paid to both positive and negative impacts of Evonik’s business activities along the value chain.
The top 3 topics are:
- sustainable products/solutions for our customers,
- climate change, and
- efficient use of scarce resources/circular economy.
These were the focus of our work in 2019. This is reflected in our new target for reducing CO2 emissions, which forms a key element in our Sustainability Strategy 2020+, and internal and external events dedicated to the circular economy.
If significant new topics arise, we review the relevant processes and adapt them as necessary. We intend to conduct an extensive update of our materiality analysis roughly every three years. In the meantime, we are driving forward the topics already identified.