We continuously track our material issues - our most significant economic, environmental and social impacts - to ensure we are addressing the most important topics.
Our materiality process helps us to identify and understand the topics that influence stakeholder perceptions of Electrolux, and those that present risks or opportunities for our business. Materiality also enables us to evaluate our ability to create and sustain value.
We maintain an up-to-date understanding of the prevailing business context for Electrolux through insights from global trends and drivers, market intelligence, product research, internal and external dialogue, expert opinion and consumer surveys. We also ensure our business is aligned with the needs and expectations of our most important stakeholders - our consumers, employees and shareholders around the world.
Between 2014 and 2015, we identified our most material topics through engagement and dialog with group management and key stakeholders. The topics were selected based on relevant megatrends and GRI aspects for Electrolux, and were confirmed by key stakeholders.
In 2016, the resulting topics were structured into the Group's sustainability framework - For the Better - which includes nine Promises and a climate target. Our Promises reflect how we can maximize our contribution to society, and are annually reviewed and refined.