How we determined materiality
Since first establishing material matters for reporting purposes in 2014, our determination process has evolved and matured in appreciating the importance of relationships relating to SPAR’s business model – and how these drive growth.
We therefore report in detail about five material relationships: with suppliers, employees, retailers, consumers and communities.
To improve our reporting on the economic, environmental and social impact of SPAR’s operations, the group adopted the GRI Standards as a sustainability reporting framework in 2016, based on the outcome of a GRI materiality determination process with the following steps:
SPAR hosted an externally facilitated workshop that included representation from internal specialist disciplines, management and executives. Taking into account industry risks and opportunities, as well as SPAR’s strategy, key activities and material relationships, the team selected the GRI Aspects (now material topics) with the most substantive economic, environmental and social impact.
These topics have been included in this report, and the impact, performance and management approach for each has been discussed.
To ensure stakeholder inclusiveness, SPAR ran a short, focused engagement process to test the robustness of our chosen material Aspects with a range of the group’s material stakeholders. This enabled us to check whether our internal perceptions align with external expectations.
The full process was not repeated in 2017. According to the board, the topics remained material and are reported consistently with disclosures in 2016.