Materiality analysis

[GRI 102-46] [GRI 102-47]

Materiality is part of Grupo Nutresa’s sustainability management system and represents a decisive tool for refining the corporate strategies. Therefore, since 2011, the Organization has been conducting its materiality analysis to identify and confirm the subjects and trends that might have a major impact on the Company’s ability to generate value in the short, medium and long term.

For the determination of materiality, Grupo Nutresa considers the opinions and priorities of its most relevant stakeholders, as well as the global risks and the emerging issues from the food, restaurants and omni-channel company sectors. Additionally, the Organization performs benchmarking exercises with international peers from the industry and considers assessment criteria established by different sustainability monitors and rankings. The connection with the multiple stakeholders, in fact, is what has enabled the Company to remain at the forefront, even with the changes both the consumers and the business environment itself have undergone.

The materiality matrix was updated in 2013 and 2015, and its scope was expanded in 2017 and 2018. Since 2019, the Grupo Nutresa has been building its own engagement model with the purpose of maintaining the relevance of the analysis. During the last assessment, 23 relevant topics were identified, 18 of which were classified as high-impact or material topics. For such classification, the following aspects were assessed:

  • Impact on the Organization: based on the strategy, the strategic goals for 2020, the corporate risks and the business differentiators, among other.
  • Importance for the stakeholders: Based on communications, surveys and interviews conducted with the stakeholders in eight countries, namely Chile, Colombia, Costa Rica, United States, Mexico, Panama, Peru and the Dominican Republic.

Important milestones

2008
2011
2013
2015
2017
2018
2018
2019
2019
2020

Acting with
integrity

gobierno corporativo

Corporate
governance

riesgos y cumplimiento

Risk and
compliance

Fostering profitable growth and effective innovation

crecimiento rentable en los mercados

Profitable growth in the markets

Marcas confiables con excelente relacion precio-valor

Reliable brands with an excellent price-value ratio

innovación efectiva

Effective innovation

Promoting a
healthy lifestyle

alimentos confiables

Nutrition and healthy
lifestyle

mercadeo responsable

Responsible marketing

alimentos confiables

Reliable food

seguridad alimentaria

Food security

Building a
better society

derechos humanos

Human Rights

Desarrollo de propuestas colaborativas

Development of
collaborative proposals for public policies

calidad de la educación

Quality of education

externalidades

Externalities

Managing the value
chain responsibly

desarrollo de nuestra gente

Development
of our people

calidad de vida

Quality of life

abastecimiento responsable

Responsible
sourcing

ventas responsables

Responsible sales

Reducing the environmental impact of the operations and products

administracion del recurso hidrico

Water resource
management

energia

Energy

cambio climatico

Climate change

calidad del aire

Air quality

gestion de residuos

Waste management

empaques y posconsumo

Packaging and post-consumption