From the Covia 2023 ESG Report: Materiality Assessment
Covia recently published its 2023 ESG Report. In it, the company detailed the results of its comprehensive materiality assessment. The assessment was conducted to evaluate and update our priority topics, building upon our previous material topics established in 2021. This multi-step process was aimed at refining our understanding of the evolving priorities and concerns of our stakeholders, ensuring our efforts remain aligned with their expectations and the broader environmental, social, and governance landscape.
We engaged a diverse group of stakeholders, including Board Members, Team Members, community partners, customers, suppliers, and government officials, to gather comprehensive feedback, along with identifying current industry trends, best practices, and expectations. Based on the insights gathered, we have refreshed our priority topics for 2023 as well as updated and refined our Goals That Inspire.
Eleven (11) topics were identified as most material to our business. Within these priorities, we have made a concerted effort to develop meaningful actions and programs.
Highest Priority
- Energy Efficiency and Emissions
- Safety, Health, and Security
- Ethics, Compliance, and Transparency
- Land Management and Biodiversity
High Priority
- Water Stewardship
- Community Impact and Philanthropy
- Talent Acquisition and Team Member Experience
- Responsible Operations
Priority
- Cybersecurity and Data Privacy
- Product and Process Innovation
- Corporate Governance
Learn more about the materiality assessment can be found in Covia’s 2023 Environmental, Social and Governance Report.
