Materiality assessment:
Defining our focus areas
Our materiality assessment identifies ESG issues that affect our business and stakeholders. It’s important to direct our resources, expertise and operations where we can create the most added value and where our activities have the greatest potential to affect our focus areas.
Through our materiality assessment and ongoing review of our operational priorities, our programme is designed to maximize sustainability efforts and results for animal health and welfare, the environment, and our people and communities.
Our materiality assessment is constructed using the GRI (Global Reporting Initiative) materiality analysis recommendations and SASB’s (Sustainability Accounting Standards Board) Materiality Map.
Feedback is obtained from internal and external stakeholders. Internally, we do this through discussions within our Sustainability Working Group and Sustainability Committee. Externally, we obtain input from key shareholders and customers.
In 2023, key factors identified included the economic viability of our business, ethics and governance, the impact of our products, fish and welfare, and the wellbeing of our people.
To read more about how we implement sustainability into our strategy, visit our ESG Download Centre.