Sustainability | Materiality

Sustainability | Materiality

 

Materiality

Materiality analysis is theprocessby which we integrate our perspective and that of our stakeholders to identify and prioritize the most relevant environmental, social, and corporate governance (ESG) issues for the business.

This vision has evolved and progressed in recent years, increasingly strengthening the integration of sustainability into the business strategy.

Between 2021 and 2022 we performed an identification of our material issues at the country level, which will allow us to have an ESG Agenda with a local focus oriented on meeting the needs and managing the environmental, social, and corporate governance impacts that our operations face daily in each market and community in which they participate.

To perform our analysis and identify the material issues of our organization we consider four main elements:

  1. Business Objectives:Alignment with the annual business plan and contribution to the long-term plan.
  2. Expectations of stakeholders:Captured by a methodology to identify stakeholders and their expectations through standardized surveys.
  3. Political and social agenda:Existing analyses of each Public Affairs team to raise the most important trends.
  4. Financial impact and risk management:Through guided workshops to break down material issues and their implications in the financial statements.

 Materiality

Phases to define our Material Issues


Phases

The identification of our material issues by country allowed us to consolidate information on the main issues on which we must pay attention at a global level, among these are:

  1. Water security
  2. Packaging circularity
  3. Greenhouse Gas Emissions
  4. Digital Business Adaptation
  5. Sustainable supply chain.
  6. Value chain development
  7. Consumer Preferences and Product Portfolio
  8. Community Development
  9. Employment Practices
  10. Human and labor rights
  11. Political uncertainty and regulations
  12. Business Ethics

By performing our materiality assessment and other moments of interaction, we strive so that all the people who have any relationship with the organization such as employees, suppliers, customers, neighboring communities, or beneficiaries of some of our programs, commit themselves as agents of positive impact and we can, together, rise to the challenge that represents the new reality that we live in, building a better future.

 

Our Main Stakeholders

 

Stakeholders

Description

Employees

People who have a direct and formal employment relationship with Arca Continental.

Investors

Individuals or companies that are engaged or interested in obtaining future returns through financial market transactions.

Government and/or Authorities

Individuals, agencies, and institutions responsible for regulating and enforcing standards within the countries and regions in which we operate.

Opinion leaders

People or organizations with the ability to influence the way other people or groups think or act about our performance.

Non-Governmental Organizations

Private entities, independent of government institutions that pursue different non-profit purposes.

Community

They are one or several groups of people who interact and live in a common area near the facilities of the production centers.

Consumers

End users who purchase products marketed by Arca Continental and enjoy them.

Clients

Individuals or companies who purchase our products directly. They are usually intermediaries with the end consumer.

Suppliers

Individuals or companies that provide goods and services necessary to make our products and perform our activities.

Business Partners

Organizations with which Arca Continental maintains long-term relationships of collaboration and trust.

AC's Corporate Governance

Comprised by the power groups that impact the sustainability strategy of Arca Continental.