In 2016, we updated the work begun in 2014, by carrying out a materiality analysis to map and classify the sustainability matters important to the Group and its stakeholders. These included those with a significant economic, environmental and social impact, which significantly influence the assessments and decisions of stakeholders. It is vital we understand the viewpoints of stakeholders if the Group is to continue to generate shared value over the short, medium and long term, in line with the “G4 Sustainability Reporting Guidelines” defined in 2013 by the Global Reporting Initiative.
Our materiality analysis has been updated to take account of the new needs and requirements of the Group's external stakeholders identified at the multistakeholder engagement event in Pikkala. The output of the analysis identified the most important sustainability matters, providing a starting point for reporting on the significant aspects central to the Group's commitments. Analysis of these matters took account of their impact throughout the entire value creation chain, both within the Group and beyond.