RWS AR 23 Final Single pages - Flipbook - Page 26
Sustainability (ESG) (continued)
MATERIALITY ANALYSIS
to build an ESG focus that responds to external events,
evolving business priorities, stakeholder expectations, and
our own performance results. The materiality survey went
to over 80% of our shareholders, 37.5% of our key clients,
our Board, our Executive Team and our Senior Leadership
Team. The matrix ranks the materiality of issues raised. See
pages 14 to 17 of our 2023 ESG Report.
This year RWS was one of the 昀椀rst companies to start
using Datamaran’s software to take account of double
materiality issues. Double materiality looks at the risks a
company’s activities pose to the environment and society,
as well as those that the company potentially faces from
the external environment, providing a dual lens from
which to inform, organise, and prioritise topics within an
ESG strategy. This approach ensures that we can continue
1
Client privacy and data security
2
Colleague diversity and inclusion
3
Colleague health and safety
4
Ethical corporate behaviour
5
Workforce management
6
Human rights
7
Climate change and GHG emissions
8
Client practices
9
Innovation and technology
1
.9
10 Governance structures and mechanisms
11 Public health risks
12 Labour practices
13 Transparency
Relevance to stakeholders
.8
14 Management of the legal and
regulatory environment
.7
.6
.5
.4
.3
.2
.1
15 Business model resilience
0
16 Energy management
.1
.2
.3
.4
.5
.6
Relevance to RWS
.7
.8
.9
17 Access and a昀昀ordability
18 Sourcing e昀케ciency and management
ENVIRONMENT
PEOPLE
COMMUNITY
GOVERNANCE
19 Community relations
Source: Datamaran
20 Physical and sociopolitical risks
21 Transition to renewables and
alternative energies
Legend
22 Natural capital
23 Competitive behaviour
24 Responsible consumption and production
25 Waste and hazardous
materials management
26 Selling practices and product labelling
27 Ecological impacts
26
RWS Holdings plc — Annual Report 2023
STRATEGIC REPORT
Communicate internally
Develop strategy and
communicate externally
Keep under observation
Continue internal e昀昀orts
1
