Stakeholder Dialogue

We are convinced that only companies that act responsibly, enjoy people’s trust, and are open to continuous improvement  can be successful in the long term. That includes listening  very carefully to the concerns of our stakeholders.

We actively seek interaction so we can respond rapidly to key future trends, global developments, and changing market requirements. Stakeholders are individuals or groups that influence Evonik’s decisions and activities and/or are influenced by them. We use the following criteria to define and prioritize our stakeholder groups:

  • Type of influence (direct, indirect)
  • Impact cluster (e.g., business, financial market)
  • Characterization (e.g., suppliers, employees, customers).

The Chart below shows the stakeholder groups of relevance for Evonik and their influence on our company.

Stakeholder groups and their influence on Evonik

Dialogues with our stakeholders

We have developed various formats for our dialogue with stakeholders. These help us engage with both direct and indirect stakeholders. The pandemic prevented us from utilizing these in the normal manner. We endeavored to compensate for this by introducing a range of digital formats and sharing the insights gained within the company.
Our approach to stakeholder engagement includes Evonik’s regions and their wide-ranging contacts. In general, we take care to ensure the widest possible coverage of operational, political, social, and community perspectives.
When choosing topics for our specific dialogue formats, we are guided by our materiality analysis. We also use these events to validate and, where relevant, fine-tune the relevance of issues.

You find more information concerning our stakeholderdialogues in 2023 in our Sustainability Report.