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Materiality Analysis

Focusing on materiality

To meet our holistic commitment to sustainability and to take a targeted approach despite limited resources, OSRAM launched a comprehensive process in 2014 through which we intend to ensure that our engagement is concentrated on those areas where we have the greatest possible influence.

This cross-functional and cross-divisional multi-stage materiality process enables us to focus our energies in terms of sustainability management. We can be involved in particular where, as a result of changing markets, changing business models and the broad perceptions of various external stakeholders, we have great responsibility and at the same time have a lever that will allow us to meet these challenges. It allows clear prioritization and enables us to fulfill our role and responsibilities in society and integrate an awareness of sustainability even more forcibly and tangibly in our corporate strategy and day-to-day business processes.

In fiscal 2015 OSRAM expanded its materiality analysis. In 2016 OSRAM carved out and sold its traditional lamps business for general lighting (40 percent of sales). Based on these massive changes in the company, an external group of experts produced an updated materiality analysis in 2017.

 

Our material topics are:

  • Supply Chain
  • Corporate Governance
  • Stakeholder Management
  • Innovation & Product Responsibility
  • Operational Eco-Efficiency & Climate
  • Human Rights & Labour Practices
  • Occupational Health and Safety
  • Human Capital Management

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