a.s.r. based its policies and targets for 2023 on the materiality analysis conducted in 2020. The determination of the material topics is based on consultation of the main stakeholders and on the definitions of materiality drawn up by the Global Reporting Initiative (GRI) and Integrated Reporting Council (IIRC). An analysis was conducted in early 2023 to validate the relevance of these topics for reporting year 2023.
The material topics are presented in the table below. The glossary includes a brief explanation of how a.s.r. has an impact on these topics, as well as their reciprocal impact on a.s.r. (based on the double materiality perspective). All material topics included are deemed relevant based on the results of the materiality analysis. The topics are therefore not prioritised.
The key performance indicators (KPIs), targets and results linked to the material topics are also shown with reference to the relevant Sustainable Development Goals (SDGs).
The 17 SDGs represent a global call to action to end poverty, protect the planet and improve political and economic stability globally. a.s.r. has identified six SDGs relating to its integrated business strategy, to which it contributes most as a sustainable and socially engaged insurer, investor and employer. SDGs 1, 3, 7, 8, 13 and 15 are the most closely connected to a.s.r.’s strategy. The Management Board (MB) and Supervisory Board (SB) are regularly informed of the progress being made on material topics, KPIs and targets.