Ragn-Sells’ materiality analysis
To identify what areas and topics Ragn-Sells should particularly focus on in our sustainability efforts, we conduct materiality analysis involving our key stakeholders on a regular basis. This approach aims to identify potential critical economic, environmental, and social impacts that Ragn-Sells might have and/or issues that substantially influence stakeholders’ decisions.
The most recent materiality analysis was conducted in spring 2019 and resulted in an updated list of material topics. A survey asking our stakeholders which topics they deem as important for Ragn-Sells to focus on was sent to 370 recipients out of which we received 61 complete answers.
The low response rate can probably be explained by the fact that we did not reach the right respondent role within the stakeholder group and that some respondents quit before all questions were answered. Respondents are found among our owners, employees and external stakeholders representing the following groups: customers, suppliers, politicians and representatives from governmental organisations. Many of the topics identified as important in our previous survey in 2017 remains important for our stakeholders also in 2019 years survey.
The result of the survey was compiled and analysed, and formed the foundation for an internal discussion where Ragn-Sells’ impact on the identified topics from a value chain perspective were analysed. Ragn-Sells’ potential impacts, both negative and positive, combined with our stakeholders' views, form the result of our materiality analysis.
In order to focus on the issues that are of greatest importance to our stakeholder and where Ragn Sells’ has the greatest impact, the number of material topics has decreased compared with previous years. In practice this means that some of the topics has been merged to categories and some topics will still be managed but are not deemed as material.
- Economic performance
- Customer focus
- Climate impact
- Responsibility in the value chain
- Diversity, equal opportunities and non-discrimination
- Compliance with laws and regulations
- Health and safety
- Competence and personal development