We have examined the essential economic, ecological and social impact of our business activities. We conducted our materiality analysis according to the G4 Guidelines of the Global Reporting Initiative (GRI) on sustainability reporting. The general aspects listed there were translated into topics that are relevant for 50Hertz (e.g. security of supply), and aligned with the interests of our stakeholders by means of benchmarks, peer group reports and employee surveys. Our stakeholders include our partners, the public, NGOs, politics, regulatory agencies, investors, the media, our customers, our suppliers and our staff.
The materiality analysis was developed by employees from all relevant business departments and subsequently validated by the re-sponsible managers at 50Hertz. They approved the essential topic areas that are the basis of our 2016 report. We plan to conduct a comprehensive survey of our external stakeholders in the summer of 2017 in order to systematically develop our materiality analysis and our sustainability management.