Orizon Sustainability and ESG Initiatives slide image

Orizon Sustainability and ESG Initiatives

ORIZON = ||| 2 Prioritization stage ABOUT US NATURAL CAPITAL GOVERNANCE HUMAN CAPITAL SOCIAL PLATFORM PERFORMANCE GRI SUMMARY The collection of the stakeholders' understandings of each topic takes place in the prioritization stage. In this phase, 448 responses were obtained from the publics consulted across the three dimensions: Three interviews and 8 online consultations with Orizon's senior management 19 responses from banks, financial analysts and investors in Dimension X Three interviews and 19 online consultations with specialists in Dimension Y To understand the relevance, meanwhile, we consulted: 8 public clients and 5 supervisory 128 private clients organs 7 neighboring communities and cooperatives O 3 Analysis stage < 6 > In the following stage, all the responses are crossed and included in a matrix for applied analysis according to the methodology, based upon response percentages and the relevance of each group, whilst also taking margins of error into account. 4 Approval stage 82 suppliers and service providers 218 company employees In the final stage - that of approval - the developed matrix is presented to the Board of Directors which, in line with their experience and the company's strategy, is able to make alterations to the results. In the case of Orizon's matrix, the senior management decided to include the topics of Health and Wellbeing and Energy Efficiency in the materiality, without excluding any of the topics highlighted by the study as being of importance. This process having been undertaken, Orizon's new materiality matrix now includes ten topics, four of which are related to environmental aspects (the core of the Company), four to social aspects and two to governance aspects.
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