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During the year, the El.En. Group conducted a double materiality analysis in accordance with the ESRS standards, thoroughly assessing the impacts, risks, and opportunities related to its value chain, both upstream and downstream. This analysis made it possible to identify and update the most significant areas, refining the understanding of the interconnections between the Group’s activities and the stakeholders involved throughout the entire value chain.
To carry out the double materiality analysis, a list of ESG-related impacts, risks, and opportunities relevant to the Group was defined. This list was submitted for evaluation by the Company’s Management and Executive Team with the aim of determining the material impacts, risks, and opportunities, which were then associated with the corresponding relevant topics. The Board of Directors actively participated in the double materiality analysis and, prior to formally approving it, was involved in the process of identifying and assessing the impacts, risks, and opportunities.
The process of listening to one's stakeholders is a priority in order to understand the extent to which their interests and expectations are being met and to identify issues on which to increase one's efforts, with a view to continually improving the impact of the company's activities on the environment and society.
During this financial year, in order to collect and assess the expectations and issues of greatest interest, we carried out specific stakeholder engagement activities: we submitting certain questionnaires to a selected sample of both internal (employees of some Group companies) and external (main suppliers of some subsidiaries) stakeholders.
Through a process of mapping and identifying our stakeholders, we have identified the following stakeholders of the Group, both internal and external: