The United Nations Sustainable Development Goals (SDGs) provide a framework demonstrating Oerlikon’s priorities as a business and as a global citizen. While we support all the SDGs, eight of them are the most relevant in terms of our ability to serve the environment, our people and every individual or community with a stake in our work.
Our stakeholders are equally important in determining our role and responsibility. We recognize that our relationships with each of these stakeholders are essential to our ability to pursue growth targets and maintain our standards of business conduct. It is in keeping with the needs and expectations of our customers, employees, investors, policymakers, capital markets and civil society that we can achieve sustainable results and long-term growth.
Longtime advocates of partnership in bringing innovation to market, we value listening to our customers and collaborating with suppliers and contractors in support of our shared commitments. Within our company, we encourage curiosity and that individual employees and teams are open to unconventional ideas. In our experience, a workplace that gives its employees the freedom to reach their potential is just as essential as investment in R&D resources in commercializing industry-leading innovations.
Through the materiality analysis we performed in 2020, potential ESG issues that affect our stakeholders and business were identified and the eight issues that are of priority to our stakeholders were mapped in the materiality matrix, see below. These materiality topics form the backbone of our 2030 targets, our commitment and our sustainability actions.
To enhance comparability, transparency and accountability for all our stakeholders, we have opted to prepare our Sustainability Reports according to the internationally recognized GRI Standards.
Through materiality analyses and adherence to international GRI Standards, and with an unwavering commitment to transparency, we are confident of our ability to report on our sustainability impacts consistently, credibly and with full accountability to our stakeholders.
Finally, we see this Sustainability Report not as a means of one-way delivery of information, but rather as a tool for ongoing dialog with our stakeholders. Integral to our sense of responsibility to each of them is a commitment to soliciting and considering their feedback and suggestions. With their input, we are best positioned to build on our history of continual process improvement and to ensure that our operations are the equal of our innovations in terms of upholding optimal governance, environmental, social and sustainability standards in our work around the world.