Materiality matrix

Via the materiality analysis process, we identify the most important economic and governance, social and environmental or "material" topics for the Group and our stakeholders, considering their impact on the business and on the parties concerned. The analysis is divided into phases – documental and contextual analysis, comparison with internal and external stakeholders and with company managers, processing of the matrix and return of the results. The output of the process is the materiality matrix, a two-dimensional graph, where the topics are placed in order of their importance.

During the second half of 2019 we carried out a new cycle of materiality analyses which envisaged:

  • a documental analysis, conducted on around 30 documents (scenario-related, stakeholder listening initiatives, strategic and internal management documents, etc.), which generated a list of 19 potentially important issues, validated by Top Management;
  • the direct involvement of 43 people, representing 11 categories of (external and internal) stakeholders, via a multistakeholder focus group, with the participation of Acea’s Chairperson at the conclusive phase, and several one-to-one telephone interviews, during which the stakeholders evaluated the importance of the issues proposed;
  • the involvement of 22 Group managers, at a dedicated meeting in the course of which, following an illustration of the main results that emerged from the multistakeholder consultation, the managers assessed the importance of the issues proposed also in relation to the risks associated with the same;
  • After the meetings, we elaborated the results that emerged from the engagement in the 2019 materiality matrix: a two-dimensional graph setting out the distribution of the 19 economic and governance, social and environmental issues according to low, medium and high importance (prioritisation). More specifically, 16 topics were considered highly important and 3 of medium importance.
  • All the “material” topics are in keeping with the Group’s strategic and sustainability planning. 

We shared the findings that emerged from the analysis with the stakeholders, the managers involved and the Group’s Top Management, via dedicated reports, and we illustrated them to the members of the Ethics and Sustainability Committee and Control and Risks Committee, in a joint session with the members of the Board of Statutory Auditors.

  • social topics
  • economic and governance topics
  • environmental topics