In 2017, in preparation for the non-financial report, we set up a project to identify the key topics under the Corporate Social Responsibility Directive Implementation Act (CSR-RUG) pursuant to sections 315b et seq. and 289b et seq. HGB.
We reviewed the materiality assessment for the 2018 reporting year and, having found no changes, adopted it as is.
The materiality matrix encompasses the dimensions ‘Relevance of impacts on the areas of focus’ and ‘Relevance for understanding the development, performance and position of the DEUTZ Group’.
DEUTZ Group: Materiality matrix
The following key topics were identified for each area of focus:
- Environmental matters: environmental management systems, resource efficiency, air quality and climate
- Treatment of employees: working conditions, health and safety, employee development and training
- Social responsibility: product responsibility
- Compliance: general compliance, measures to combat corruption and bribery, corporate governance
- Overarching topics: customer satisfaction, innovation, supplier management
In the following section, we report on the 13 key topics on the basis of the criteria specified under CSR-RUG.
The materiality assessment revealed that the subject of human rights has little relevance in terms of impacts on the areas of focus and in terms of understanding the development, performance and position of our Company because our compliance with applicable domestic and international laws and collectively agreed working conditions means that human rights infringements can essentially be ruled out. Furthermore, it emerged that there were no material risks with regard to our business activities, to our business relationships, products and services, or to aspects relating to the 13 key topics that are very likely to have a serious impact now or in the future.
According to the materiality assessment, the subject of corporate social responsibility (CSR) has low relevance. DEUTZ reports on its CSR activities on a voluntary basis.
In 2018, DEUTZ decided to formulate an overarching CSR strategy and to review the materiality assessment in this context. The outcome will be presented in the non-financial report for 2019.