Getinge 2022 Annual Report
Getinge 2022 Annual Report
Introduction
Strategy
Corporate Governance
Annual Report
Sustainability Report
Other information
Contents
MATERIALITY ASSESSMENT 2022
The content of the Sustainability Report 2022 is shaped by the
determined material topics for Getinge. The process to determine
the material topics included four steps:
Understanding impacts in relation to business context
to key stakeholders
Step 1:
Step 2:
Identification of actual and potential impacts
Step 3:
Assessing the significance of the impacts
Step 4:
Prioritizing the most significant impacts for reporting and
validation
Importance of ESG topics
Corporate
governance
Equality & Inclusion
5,0
Business ethics
4,5
Health & Safety
4,0
Human rights
35
3,0
2,5
Data privacy
2,0
Product quality
1,5
1,0
0,5
Responsible sourcing
Carbon emissions
Step 1: Understanding impacts in relation
to business context
Getinge is a global organization providing products and solutions
that aim to improve clinical results and optimize workflows in
hospitals and life science institutions. With more than 11,000
employees, operations in 35 countries, sales in more than 130
countries and production facilities in Europe, Asia and Americas,
the company's impacts on economy, environment and people
span over a wide array of areas.
Step 2: Identification of actual and potential impacts
Actual and potential impacts on the economy, environment, and
people including human rights, across Getinge's activities and busi-
ness relationships have been identified. An extensive collection
of potential sustainability topics was made, taking into account
Getinge's business model. The analysis of topics and impacts
was based on the UN Sustainable Development Goals, trend and
competition analyses, global reporting standards (e.g., GRI, SASB),
requirements from sustainability rating agencies, legal require-
ments, input from customers and other business partners, internal
sources, and internal workshops involving representatives from
key stakeholder groups. Existing grievance mechanisms and other
inputs from enterprise risk management systems, quality manage-
ment systems and other internal and external stakeholders were
also used to understand actual and potential negative impacts on
people and the environment.
Anti corruption
Materials waste incl packaging
Product environmental impact
Transparent data disclosure
Health benefits of product portfolio
Access to healthcare
Human capital
Rating scale 0-5:
Suppliers
ā Employees
ā Customers
Investors
0 = not important
5 = very important
Getinge evaluated the relevance of each topic by analyzing the
importance for stakeholders and significance of impact. In this
process, Getinge analyzed investor and rating companies assess-
ments, customer requirements in their Requests for Proposals
(RFPs), other customer-related desk analysis and sent out a
specific survey to suppliers and randomly selected employees.
Step 3: Assessing the significance of the impacts
The impacts were analyzed based on significance in accordance
with the GRI requirements scale, scope and those of irremediable
character. The exactness of significance of the impacts depends
on the time perspective assessed and also whether an area has
already had an impact or whether it is a hypothetical analysis of a
potential impact.
Step 4: Prioritizing the most significant impacts
for reporting and validation
The topics were clustered according to content. Representatives of
various stakeholder groups, including Getinge's Board of Directors
and Executive Team were involved in the validation phase. The
materiality assessment has led to the identification of key material
topics to be addressed and reported on, based on the company's
significant impacts on economy, environment and people. The
results show that both internal and external stakeholders are
aligned in prioritizing the four main areas: quality culture (see page
138), passionate employees (see pages 139-146), business ethics &
responsible leadership including human rights (see pages 147-153),
and environmental & social engagement (see pages 154-159).
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