Our commitment to material issues
GRI - G4: 1, 18, 19, 27, 35, 37
Materiality plays a key role in strengthening the Group’s sustainability strategy. It defines the remits for interaction with stakeholders, giving rise to the value creation dynamics and giving Snam a focus for its reporting strategy.
Snam’s policy is to continually update its assessment of the issues that traditionally come under its sustainability banner, thereby highlighting the most relevant topics and matching management guidelines with stakeholder opinions. We continued along this path in 2015, enhancing the analysis process by securing greater involvement from outside the Company. By listening to our stakeholders, we were able to get a more up-to-date and broader record of their viewpoints on material issues.
The material issues help us to define the sustainability targets that we aim to meet by way of dedicated projects and initiatives with varying time frames. These projects feature in the operating plans of each business function within the boundaries of its remit. Snam’s Sustainability function is part of this continual improvement drive: it disseminates the incentives throughout the organisation, coordinates the progress of the Sustainability Plan, develops and directly contributes to certain projects, monitors and reports on the results of projects, and communicates with stakeholders.
