Materiality assessment

Schindler renewed its double materiality assessment in accordance with the EU Corporate Sustainability Reporting Directive (CSRD), considering ten specific Environmental, Social, and Governance (ESG) topics provided by the European Sustainability Reporting Standards (ESRS).

The seven topics material for Schindler are: pollution, climate change, resource use and circular economy, own workforce, workers in the value chain, business conduct, and consumers and end users.

The process for identifying the material topics involved consulting with internal and external stakeholders, analyzing regulatory requirements, and reviewing industry-specific risks and opportunities to ensure the company’s priorities align with both stakeholder expectations and Schindler’s strategic focus on sustainability. The results have been validated by the Group Executive Committee and the Board of Directors.