From the Covia 2023 ESG Report: Materiality Assessment
On June 27, 2024, Covia released its 2023 ESG Report, featuring a detailed materiality assessment to update its priority topics from 2021. The assessment was aimed at understanding evolving stakeholder priorities and aligning with broader ESG trends. Covia engaged a diverse group of stakeholders, including Board Members, Team Members, customers, and government officials, to gather comprehensive feedback. The assessment identified 11 priority topics, segmented into highest, high, and priority categories. Highest priorities include Energy Efficiency and Emissions, Safety, Health, and Security, Ethics, Compliance and Transparency, and Land Management and Biodiversity. High priorities are Water Stewardship, Community Impact and Philanthropy, Talent Acquisition and Team Member Experience, and Responsible Operations. Priority topics cover Cybersecurity and Data Privacy, Product and Process Innovation, and Corporate Governance. Further details can be found in the full ESG Report on Covia’s website.
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NORTHAMPTON, MA / ACCESSWIRE / June 27, 2024 / Covia recently published its 2023 ESG Report. In it, the company detailed the results of its comprehensive materiality assessment. The assessment was conducted to evaluate and update our priority topics, building upon our previous material topics established in 2021. This multi-step process was aimed at refining our understanding of the evolving priorities and concerns of our stakeholders, ensuring our efforts remain aligned with their expectations and the broader environmental, social, and governance landscape.
We engaged a diverse group of stakeholders, including Board Members, Team Members, community partners, customers, suppliers, and government officials, to gather comprehensive feedback, along with identifying current industry trends, best practices, and expectations. Based on the insights gathered, we have refreshed our priority topics for 2023 as well as updated and refined our Goals That Inspire.
Eleven (11) topics were identified as most material to our business. Within these priorities, we have made a concerted effort to develop meaningful actions and programs.
Highest Priority
- Energy Efficiency and Emissions
- Safety, Health, and Security
- Ethics, Compliance, and Transparency
- Land Management and Biodiversity
High Priority
- Water Stewardship
- Community Impact and Philanthropy
- Talent Acquisition and Team Member Experience
- Responsible Operations
Priority
- Cybersecurity and Data Privacy
- Product and Process Innovation
- Corporate Governance
Learn more about the materiality assessment can be found in Covia's 2023 Environmental, Social and Governance Report.
View additional multimedia and more ESG storytelling from Covia on 3blmedia.com.
Contact Info:
Spokesperson: Covia
Website: https://www.3blmedia.com/profiles/covia
Email: info@3blmedia.com
SOURCE: Covia
View the original press release on accesswire.com
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