Vice President Investor Relations & Sustainability
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In 2020, we have identified six material topic clusters and 15 individual topics in our materiality analysis:
The materiality process
We identified our main topics in accordance with the HGB in a multi-stage process. Material in this respect are those aspects that are relevant for understand¬ing Fresenius' business performance, results of operations, and position, as well as for understanding the effects of its own business activities on the non-financial aspects. The key topics for the Fresenius Group are explained separately based on the way they are managed in the individual business segments. On topics such as data protection, cyber¬security, compliance, and human rights, we report Group-wide strategies.
Stakeholders and partnerships
Fresenius is involved in a diverse network of stakeholder groups. We gain valuable insights from this exchange which we use to continuously develop our quality and sustainability management as well as our reporting procedures. In 2019, we reviewed and prioritized our stakeholders: to this end, existing corporate communication channels, the requirements of sustainability ratings and rankings, and frequent inquiries from investors were evaluated. Our main stakeholders are:
Private shareholders, institutional investors, analysts and rating agencies
Political institutions and external organizations, e.g., in the fields of health care and patient care
Suppliers or other business partners
In their non-financial reports, Fresenius Medical Care and Fresenius Helios in Germany and Spain also include a precise list of the stakeholder groups that are specific to their respective business activities: for example, Fresenius Medical Care includes science and research, while Fresenius Helios considers trade unions.
For more information on this topic see the Sustainability Report.