Our Approach
A sustainability strategy that is not adaptive and accountable to our stakeholders will not stand the test of time.
The key material issues were also mapped to the UN’s SDGs (some issues relate to two SDGs). These focus areas have set the direction of our strategy to achieve goals and create value for our stakeholders.
The Process
Just the way we conduct comprehensive research for our products, we took up a detailed Materiality Assessment exercise to come up with issues that are relevant for our internal and external stakeholders
Identification of
material topics
Prioritisation as per
materiality survey
Consolidation of internal
& external responses
Materiality matrix
finalisation
Materiality Matrix
Based on the responses received from various stakeholders, issues that were of high relevance to both internal and external stakeholders were culled out and plotted to form a Materiality Matrix.
Most important material issues
| No. | Issue |
|---|---|
| 4 | Water Footprint |
| 5 | Occupational Health and Safety |
| 6 | GHG Reduction in Manufacturing |
| 10 | Fair Labour Practices in Supply Chain |
| 12 | R&D for Technology Upgradation |
| 18 | Customer Satisfaction |
| 19 | Sustainable Procurement |
| 20 | Waste management |
| 21 | Best Available Techniques (BAT) for Production |
| 22 | Closed-loop Manufacturing |
| 25 | Chemical Management |
| 29 | Responsible Wood Sourcing |
Other key material issues
| No. | Issue |
|---|---|
| 1 | Welfare of Local Communities |
| 2 | Capacity Building in Value Chain |
| 3 | Gender Equality |
| 7 | Talent Development |
| 8 | Collaborating for Human Rights |
| 9 | Economic Performance |
| 11 | Collabrorating for Enhancing Local Suppliers |
| 13 | Equal Opportunity Employer |
| 14 | GlobalCertification for Products & Process |
| 15 | Circular & Recycled Products |
| 16 | Partnership for Sustainable Product Promotion |
| No. | Issue |
|---|---|
| 17 | Responsible Supply Chain Management |
| 23 | GHG Reduction in Supply Chain |
| 24 | Biodiversity & Resources Management |
| 26 | Sustainable Product Development |
| 27 | Marine Pollution from microfibers |
| 28 | Sustainable Product |
| 30 | Transparency in Sustainability Disclosures |
| 31 | Transparency in Governance System |
| 32 | Collaboration for Value Chain Sustainability |
| 34 | Partnership with Multi-stakeholder Organisations |
| 34 | Transparency & Traceability |
Key Material Issues Identified
The key material issues were also mapped to the UN’s SDGs (some issues relate to two SDGs). These focus areas have set the direction of our strategy to achieve goals and create value for our stakeholders.
Responsible Sourcing
Valuable Partnerships
Material Sourcing and Biodiversity
Sustainable Supply
Chain
Circular Economy
Partnership for the Goals
Reduce Inequality
Responsible Manufacturing
Material Sourcing and Biodiversity
Sustainable Supply
Chain
Sustainable Supply
Chain
Circular Economy
Partnership for the Goals
Reduce Inequality
Social Responsibility
Material Sourcing and Biodiversity
Sustainable Supply
Chain
Sustainable Supply
Chain
Circular Economy
Partnership for the Goals
Reduce Inequality
Materiality Assessment
Ecofa approaches sustainability from the same scientific temper with which we approach our products.