We view sustainability as an integral part of our business strategy. To identify the ESG topics most relevant to our stakeholders and operations, we conduct a comprehensive materiality assessment every two years. The resulting materiality matrix is reviewed and approved by our leadership. This forms a key part of our internal reporting framework, enabling regular monitoring and strategic alignment.

In FY 2023-24, we conducted our second materiality assessment to reassess priority topics with a dual perspective – evaluating external stakeholder expectations and internal business impact. This exercise helped refine our focus areas for improved coverage and relevance. Our current materiality matrix continues to guide us in FY 2024-25.

MATERIALITY ASSESSMENT

• We identify material topics through a combination of stakeholder consultations, peer benchmarking, and an analysis of global industry trends
• Topics are evaluated based on their potential impact on our stakeholders and our business performance

MATERIALITY ASSESSMENT FRAMEWORK