Materiality

Our Materiality Analysis considered international standards such as SASB, GRI, MSCI, TCFD and GRESB, as well as public company reports and recommendations from other industry players, evaluating their impact and relevance for FUNO, before including them in the preliminary list of Sustainability issues.

Our materiality assessment was led by an independent professional consultant and is conducted with periodic reviews as needed to maintain its relevance and accuracy. The process actively engaged external stakeholders in identifying the most significant issues, which were then systematically prioritized using a materiality matrix. This has been seamlessly integrated into the company’s Enterprise Risk Management framework and is used in the risk assessment conducted by the same independent professional consultant. This assessment ensures that sustainability risks and opportunities are managed alongside other operational risks. Grounded in the principle of double materiality, it evaluates both the internal impacts on our business and the external effects on society and the environment. To guarantee full transparency and credibility, the entire assessment process is verified by a third-party provider.