In the 2024 fiscal year, we comprehensively revised our double materiality analysis to align it with the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the guide for small and medium-sized enterprises. In close collaboration between the management, specialist departments, and external experts, we systematically evaluated both external influences on our company (Outside-in) and our own impacts on people and the environment (Inside-out). Insights from stakeholder dialogues, requirements of international and national sustainability programs (such as SDGs, FONAP), relevant standards (such as the UNGC), existing laws (such as the Supply Chain Due Diligence Act / LkSG), planned legislative initiatives (Corporate Sustainability Reporting Directive / CSRD), and industry-specific requirements were integrated.

As part of this analysis, we identified key impacts as well as relevant risks and opportunities. We outlined how current and future material impacts, risks, and opportunities affect our business model, value chain, strategy, and decision-making processes, and how we respond to them. Additionally, we analyzed both positive and negative impacts on people and the environment and examined the relationship between material impacts and our corporate strategy and business model. We considered the expected timeframes for these impacts and identified the types of activities or business relationships through which our company is involved in material impacts. Furthermore, we considered the expected financial impacts of risks and opportunities on our financial position in the short-, medium-, and long-term time horizons.