Materiality analysis is the principle for identifying aspects, relevant to the company and its stakeholders, that significantly affect the ability to create value over time, i.e. material topics that “represent the organisation’s most significant impacts on the economy, environment and people, including impacts on their human rights”.

Materiality thus ensures, the connection of priority issues with the Group's strategy and ensures that they are considered the expectations of different stakeholders.

Once the impacts had been identified according to the criteria of impact materiality and financial materiality, the relative level of double materiality, understood as the union of the two perspectives of equal importance, was attributed to each topic. 

The double materiality assessment and identification of material topics was reviewed by the Control, Risk and Sustainability Committee and the Board of Directors, which approved the results at its meeting on 24 January 2023.