The new G4 Guidelines place considerable emphasis on materiality, whereby organisations are required to focus their reporting on key economic, social, and environmental impacts and maintain an open dialogue with their stakeholders.
To identify topics relevant to Salini Impregilo and determine the report’s content, we have defined a specific process in accordance with the G4 Guidelines, summarised as follows:
- Internal identification of possible sustainability topics relevant to our industry, including an analysis of peers, sustainability rating agencies, sectorial surveys, and media;
- Internal prioritisation of identified topics with the Group’s management, through consultation with senior leadership including human resources, quality and HSE affairs, procurement, production, technical department, and investor relations;
- External prioritisation of identified topics with the main Group’s stakeholders, through interviews at selected operating sites (with representatives of clients, employees, unions, and sub-contractors), a survey of a cross-section of employees, as well as interviews with proxies, both at headquarters (investors and clients) and at operating sites (local communities and authorities);
- Final approval from Group senior management of the defined shortlist of priority topics.
By means of this process we identified 11 priority topics, as reported in the materiality matrix below, which form the basis of this report and are aggregated in four main areas of commitment. For further details, please refer to the Methodological Note.
Sustainability challenges and opportunities
To provide a broader view of the materiality analysis, the following table shows our main sustainability potential risks and opportunities, divided into areas of commitment.
|Area||Topics||Potential risks||Potential opportunities|
|Excellence||Increased competition from peers in response to clients and societal demand for innovative and sustainable construction solutions; possible opposition by local communities with related delay and increase in costs; reputational risks of malpractice; loss of confidence from investors and authorities.||Clients and communities served by us are able to benefit from the deployment of the best available technologies and know-how; licence to operate granted by local and global stakeholders thanks to the Group’s leadership in engaging with all parties involved in projects; climate of mutual trust and broad local approval; reduced risks of contestation, staff security and delay; reduced reputational and financial risks thanks to the compliance system in force.|
|Shared growth||Inability to recruit specialised local workforce; lack of local qualified suppliers; weak awareness of HSE issues; reputational risks of malpractice in community relationships.||Lower transport and customs costs through use of local suppliers; capacity building in terms of staff training and suppliers’ support; access to qualified labour and suppliers for future projects; tangible benefit at local level derived from the generation of direct and indirect employment, additional income, social initiatives for local communities.|
|People care||Inability to deliver best-built projects due to failure in developing personnel; impacts on morale and productivity due to low investment in training, welfare and safety; increase in absences and personnel costs due to injuries.||Ensuring skills and expertise to deliver projects; increased productivity due to personnel's wellbeing; minor recruitment costs due to internal development of employees and increased capacity to fill vacancies; minor absences and insurance costs; capacity to win contracts by clients who prioritise H&S in their tenders.|
|Environmental stewardship|| |
Poor evaluation of environmental impacts; weak management and control plans; disturbance of local communities; potential damage to existing infrastructures and private properties.
|Reduced environmental impacts ensured by strict assessment, management, and control practices; minor risks of delay in delivery of projects due to environmental concerns of local communities; reduced litigation risks; enhanced reputation.|