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We used a stakeholder-driven approach to identify the most important sustainability impacts and opportunities to help our business stand the test of time.
Over an eight month period, we engaged directly and indirectly with over 200 institutional stakeholders, to identify and prioritize the most important sustainability issues for our business. We consulted with Atlas Copco employees in various functions and Divisions, our top investors, civil society members, governmental representatives and unions to identify their expectations. This materiality analysis laid the foundation for creating the strategic priorities for sustainable, profitable growth. We measure our progress towards these commitments by tracking key performance indicators.
To guide the mapping, we have considered a number of external standards such as the GRI G4 Aspect list and the UN Sustainable Development Goals. We also guided our analysis with current and potential legislative trends, investor and NGO expectations, benchmarking with industry peers, business intelligence and risk mapping, lifecycle assessment information, that were raised in workshops with stakeholders, and reports we assessed. The final materiality mapping has been approved by the CEO and Executive Management team, and will guide the strategy of the Group. To learn more about this process and our performance, read our Annual Report, which integrates reporting on our financial, environmental and social performance and the accompanying GRI compliance index.