GRI 102-46 Report content and topic boundaries
Since 2006, Geberit has been reporting in accordance with the guidelines of the Global Reporting Initiative (GRI). In the present report, Geberit implements the GRI Standards. The starting point is a comprehensive Materiality analysis based on the procedure described in the GRI Standards and the topics dealt with in the GRI Standards.
Material sustainability topics and related measures are presented in compact form within the Sustainability strategy. Also of a material nature are the principles of the UN Global Compact that Geberit has committed itself to uphold and that are presented in the Communication on Progress UN Global Compact.
An initial internal materiality analysis was developed in 2014 as part of workshops with individual members of the Group Executive Board and later approved by the Group Executive Board. The results were then reviewed and amended slightly by an external stakeholder panel. As part of the integration of the ceramics business, a further review was carried out in 2015. There were no major changes in the material topics. Another review was carried out as part of the switchover to the GRI Standards. Some topics were aggregated (as required by the GRI Standards) and new relevant topics added. This enabled a high degree of consensus on the selection of material topics with the key approaches in the corporate and sustainability strategy to be achieved. The updated materiality analysis was examined by an external stakeholder panel in 2020. It became clear that a high degree of consensus existed between the internal standpoint of the company and the assessment of the stakeholder panel, see Panel Statement. The next assessment in this form is scheduled to take place in 2022.
Additional, detailed information on sustainability topics that were of particular relevance in the reporting year can be found in the Business and financial review as part of the Annual Report with supplementary chapters on Employees, Customers, Innovation, Production, Procurement and logistics, Sustainability, New CO2 strategy, Compliance and Social Responsibility.