Vebego does not only want to make an impact, but also wants to be able to measure and report on this in a targeted manner. Companies that work on sustainability and their reporting in this area generally do so on the basis of so-called ‘material themes’: themes that really matter to them. As a company, you select a select number of topics that are social in nature or relate to the economy or the environment. These could be topics that affect stakeholders' opinion and decisions. These can also be topics that, according to the management, have a significant impact on sustainability. As soon as the own material themes have been determined, it is possible to link non-financial KPIs to them and then to start measuring them.
List of topics
As the first step in this process, Vebego is working hard to determine its own material themes. To better understand what is happening in the world around us, where we can have an impact and how we can apply the right focus in both our strategy and reporting, we started making a list of topics that are really relevant for Vebego in 2020. We also carried out a short sector analysis and looked at suitable frameworks for reporting. We also mapped out the various stakeholder interests, in general terms.
Materiality analysis in 2021
As a next step in 2021, we will carry out a materiality analysis in which we determine what the material sustainability issues for Vebego actually are. In a dialogue with the most important stakeholders, we will deepen our initial insights. We will also test to what extent our current strategy and reporting meets their needs and whether there are additional themes that we can focus more on. The results from the materiality analysis and the stakeholder dialogues will enable us to continue to define the non-financial issues.