To make real impact, it is important to set priorities. In 2017, we carried out a materiality assessment and engaged with over 2,000 stakeholders worldwide (60 percent of which were external) to collect opinions and identify issues. These issues were mapped against importance to stakeholders and significance of business impact. The result is a list of shared topics that all SHV Energy companies integrate in their strategy, which not only improves their sustainability performance but also strengthens cooperation and knowledge sharing between the companies.
We then developed aspirational goals for our most material topics, which are integrated into our Impact model. These goals are:
In prioritizing our activities and understanding our impact, we mapped these aspirational goals to the realization of the Sustainable Development Goals. A high-level overview is presented in the visual below.