Today, with sustainability still developing in civil society and social media enabling immediate feedback and public discussion, stakeholder engagement is more important than ever. Stakeholder engagement is part of our business, and it is guided by our internal instructions on stakeholder engagement as well as our ethical guidelines. Business unit managers, Communication department and, ultimately, the President and CEO are responsible for managing stakeholder engagement.
Our stakeholder engagement follows the principle of openness and the special requirements for public companies. We aim to address the expectations of all stakeholders, in particular concerning sustainability. We do understand, however, that different stakeholder groups may have conflicting requests, especially for corporate social responsibility.
During the reporting period, we used the stakeholder study carried out by key persons in 2015 and the stakeholder survey about the material aspects. The table below shows the survey results with the topics prioritised by stakeholder group. We have used the results for improving our sustainability efforts and defining our material sustainability topics. Read more about the materiality analysis here.
Better reporting on the results of stakeholder engagement is part of our sustainability topic “Transparent and comprehensive reporting”, with the objective of even more open and comprehensive interaction with our stakeholders.
Stakeholder expectations in the order of importance
Shareholders, investors and financing
Subcontractors and suppliers
Universities and research institutes
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