Qatar Steel’s materiality assessment provides insights into the expectations and needs of its stakeholders.
It enables us to identify and prioritise the most material sustainability issues through an exclusive and extensive stakeholder engagement process. As part of its sustainability management, Qatar Steel revises its material issues biennially, reviewing the changing industry context, emerging trends, and stakeholder feedback. The next materiality review and update will be done in 2020.
The assessment follows these five steps:
Identify material issues through a biennial stakeholder engagement process.
Organize materiality issues around Qatar Steel’s sustainability focus areas.
Categorize materiality issues in accordance with the relevance for a given stakeholder.
Obtain feedback from internal stakeholders regarding priority of material issues relevant to them and to external stakeholders whom they communicate with on a regular basis. Qatar Steel communicates with its
stakeholders via interviews with all key functional areas of its operations.
Final prioritization of material issues ranked in accordance with stakeholder feedback received.