Materiality measures the threshold over which an aspect or indicator is significant and should therefore be considered in the report. To identify this threshold, Ansaldo STS has adopted the principles and methodologies set out in the Global Reporting Initiative guidelines (G4).
Analysis of results
The first item noted is how the internal assessment of impact on Ansaldo STS’ performance is substantially in line with the external assessment of the impact on stakeholders’ opinions and choices. Overall, the average scores given to the various aspects is high for both: the average score that Ansaldo STS management gives is 7.3, while the average score that the various stakeholders give is 8. The aspects with the highest variability of responses (larger dot) are those that are considered relatively less important.
Based on Ansaldo STS’ internal scoring, customer satisfaction, ability to create economic/financial value, product innovation, the effectiveness of the anti-corruption policy, health and safety in the workplace, the quality of governance and personnel training and development have the greatest impact on performance. Not far behind, are respect for human rights and local communities, aspects relating to environmental impact and ethical control of the supply chain. The protection of biodiversity, the efficient use of water and monitoring and controlling greenhouse gases are considered less significant on performance. The latter is due to the company’s perception that it already contributes to cutting greenhouse gases given the type of business it performs. Stakeholders’ opinions and choices with respect to Ansaldo STS depend on the effectiveness of its anti-corruption policy, focus on workers’ health and safety, the company’s ability to satisfy customers, respect for human rights and local communities, product innovation and ethical control of the supply chain. Not far behind, are training, development and care for human resources and equal opportunities. Environmental issues are farther off. As with the internal analysis, the less significant aspects are protection of biodiversity and the efficient use of water.