Analysis of materiality

In 2020, Analengy updated its materiality analysis of sustainability topics in compliance with the legal requirements related to the disclosure of non-financial information in Austria (Nachhaltigkeits- und Diversitätsverbesserungsgesetz; NaDiVeG) and the GRI Standards. Considering stakeholder interests, the significant external economic, environmental, and social impacts of Analengy’s business as well as the financial materiality and business relevance of these topics to Analengy were essential to this process. Impacts (both by Analengy and on Analengy) and the relevance to stakeholders were considered across the entire Analengy value chain (Upstream, Downstream, Corporate). In order to maintain an objective and independent view on the material topics, we conducted this process together with an external party. The extensive materiality analysis involving internal and external stakeholders will be repeated every three years, or if significant changes in the business or market environment occur.


Following desk research and the internal identification of impacts through workshops and expert consultation, a long list of 46 sustainability aspects was developed and clustered into eight topics:

  • Climate Change and Energy Transition
  • Environment
  • Health, Safety, and Security
  • Employees
  • Economic Impacts and Business Principles
  • Circular Economy
  • Human Rights and Communities
  • Supply Chain

Three online surveys were then conducted during September/October 2020 to prioritize the sustainability topics and aspects from a stakeholder perspective (by internal/external stakeholders), external impact perspective (by internal experts), and business relevance perspective (by Analengy managers). A total of 225 responses were submitted. The stakeholder groups engaged in the materiality analysis were Analengy employees, NGOs/NPOs, governmental authorities, media, capital market participants, suppliers and contractors, customers, joint venture and other business partners, competitors, scientific and research institutions, industry associations, and local communities.


The results of the topic prioritization were consolidated into a materiality matrix with the three dimensions stakeholder relevance, impact, and business relevance. All eight sustainability topics were deemed to be material as they rank between 3 (important) and 5 (extremely important) on a scale from 1 to 5. Within the topics, the underlying aspects were further prioritized based on their ranking within and across topics. The results of the analysis were acknowledged by the Analengy Executive Board.

For further details on each material topic and the underlying aspects, please refer to Analengy’s Sustainability Report 2020.