Arelion proceeded to initiate and finalize its first double materiality assessment (DMA) during 2024.
The assessment has identified where in the value chain the potential or real impacts, risks or opportunities occur, and presents their potential impact on Arelion. The potential impact for stakeholders not directly in the Arelion value chain have been accounted for by utilizing external reports and research from sector communities and NGOs. The final draft proposal of double materiality was presented to the management team and subsequently approved by the board of directors. The assessment has concluded materiality for the sub-topics that reached the thresholds corresponding to the material thresholds determined in the risk management process. The risk management process currently scores risk according to three value brackets: low, medium and high. The same brackets were used to score severity and likelihood, as well as scale and scope. If the sub-topic was assessed as irremediable, the sub-topic would be rated as material irrespective of the other aggregated values.
Arelion takes responsibility for the wellbeing of people, our planet and sustainable business. Our sustainability agenda is a natural part of our overall strategy. Read more about how we are connecting a sustainable future.
