The mission statement basically sets out a general code of conduct for how we behave with regard to sustainability. In order to obtain a concrete statement about the sustainability areas in which our behavior has an impact, a so-called double materiality analysis was carried out in 2022 in accordance with the European Sustainability Reporting Standard (ESRS). It consists of two perspectives: Inside-Out perspective and Outside-In perspective.

The inside-out perspective refers to the perspective of the company itself. This involves internal stakeholders, such as employees, management and shareholders, in order to find out which sustainability aspects are most relevant to the company. The company looks at its own activities, risks and opportunities to determine which issues may impact its long-term performance and relationships with stakeholders.

The outside-in perspective, on the other hand, refers to the perspective of identified stakeholders, such as suppliers and customers. The company collects information about the expectations and concerns of these stakeholders with regard to sustainability and takes these into account when identifying material topics.

The result is presented as a materiality matrix and serves as a basis for identifying the most important fields of action.