Stakeholder engagement
The Geberit Group engages in a continuous and structured dialogue with its most important stakeholders. The goal of this dialogue is to identify potential conflicts of interest, challenges and opportunities at an early stage and to actively incorporate these in the further development of the corporate strategy. Stakeholder groups are identified systematically on the basis of their affectedness by or impact on the economic, environmental and social performance of the company.
Key stakeholders include customers, analysts, employees including their representatives and trade unions, suppliers, media, neighbours, authorities, research institutes, associations, civil society organisations and the wider public.
The concerns and expectations of these groups are taken into consideration particularly during the materiality assessment. In 2024, all relevant stakeholders were actively involved in the double materiality assessment process. Both the Board of Directors and Group Executive Board were then informed in detail about the assessment of material impacts, risks and opportunities made by the stakeholders. This ensures that the supreme management bodies have a sound basis for involvement in the strategic discussion, thus allowing them to control and monitor the identified sustainability topics appropriately.
The involvement of the stakeholder groups is summarised below:
Stakeholder group |
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Form of dialogue |
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Stakeholder concern |
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Influence on strategy and business model |
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Customers |
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Investors and analysts |
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Employees, employee representatives and trade unions |
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Suppliers |
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NGOs and civil society |
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Authorities and neighbouring communities |
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Research and universities |
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Media and trade press |
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Associations and branch platforms |
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