Our approach regarding the presentation of material impacts and sustainability performance is to publish relevant information in an integrated and comprehensive manner, so that it is easily accessible to our stakeholders. 

As a major player in the oil & gas sector, we face the challenge of addressing a wide range of external stakeholders with often diverging requirements, from regulatory bodies and state authorities to shareholders, employees, labor and trade unions, clients, opinion shapers, such as the media, and members of the community, either as individuals or as members of various organizations and associations

The materiality assessment identifies and evaluates the sustainability topics that mattered most to our businesses and our stakeholders during the year under review and will matter most to them in the near-term future. 


Consistent with GRI guidance, we prioritized issues important to our stakeholders when developing the content for our sustainability report. The prioritization was done by scoring the two elements of the analysis: the impact on the Group and the importance to stakeholders. In determining the importance of the sustainability-related topics, we employed market research and analytics on our consumers, non-profit organizations, and relevant stakeholders from both the private and the public sector.

Greenhouse gas emissions, occupational health and safety, environmental and socioeconomic compliance, fair labor practices, customer health and safety or community engagement continue to be some of the main topics addressed by us.

Whether we refer to topics like biodiversity, waste, air, energy and water management, and human rights, we make sure we follow all rules and regulations in place, along with the highest standards and industry best practices. This way, we make sure that we walk on a successful path that shows kindness to future generations and allows us to reach many more milestones along the way.