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Stage 3: Validation The materiality analysis for Goldair Handling resulted in Aspect, the aspect’s boundaries (within, outside or within
The third stage involved the validation of the material Following the validation of the material aspects that a total of 30 aspects with the highest material significance and outside the organization), and the stakeholders
aspects by the Management of the company after which, resulted from the internal and external materiality for the company, which are presented in the table below. directly affected by it.
and following an internal consultation, the final list and analysis activities, Goldair Handling proceeded to For each aspect, the table lists the corresponding GRI
the prioritization of the aspects with the highest material visually represent them using the materiality matrix given
significance for the company’s sustainable development below, in accordance with the methodology of the GRI
was established, together with the boundaries of these G4 guidelines. Material Aspect GRI Aspect Boundaries Stakeholders affected
(directly)
aspects.
Aspect 1 General standard Within and outside ALL
disclosures - Ethics the organization. This
Corporate governance - and integrity aspect impacts the com-
Ethical business practices G4-34, G4-56 pany’s sound operation,
HIGH the enhancement of its
reliability, the mainte-
1
nance of its reputation
and status, and its recog-
nition and acceptance by
its stakeholders.
Aspect 2 Economy – Economic Within and outside Employees, Shareholders,
9
performance the organization. This Financial institutions
Strategy and Business G4-EC1, G4-EN31, aspect impacts the
18 16
investments G4-LA2 company’s viability and
growth and the responsi-
3 2 ble management of its re-
39 12 8,10 5,6 2
sources (natural, human,
1 financial) with a view to
21 20 safeguarding the interests
of its shareholders.
Influence on stakeholder assessments and decisions
23,24
7,11 19,28
36 29,41 Aspect 3 General standard Within and outside Employees, Shareholders,
22
13 disclosures the organization. This Customers, Passengers,
4,37 Risk Management G4-14 aspect impacts the Financial institutions,
company’s viability, its Local communities, Other
44 30 status and its reputation, companies operating at
its responsibility to its the airport
43 3 local communities and
to its personnel, to the
natural environment, and
to the safeguarding of its
investments.
Aspect 4 Economy – Indirect Within and outside Employees,
economic impacts the organization. This Suppliers, Customers,
Indirect economic impacts G4-EC8 aspect impacts the growth Local communities /
4 from the company’s activity in jobs and the reduction Non-profit organizations
of unemployment in the
LOW local communities.
LOW HIGH Aspect 16 Product responsibility Within and outside Shareholders, Employees,
– Product and service the organization. This Customers
Customer service labeling – Customer aspect impacts customer
Significance of economic, enviromental and social impacts and satisfaction satisfaction confidence, the attrac-
G4-PR5 tion of new customers
5
and the expansion of the
company’s market share.
The horizontal axis represents the significance of the aspects’ impacts for the company
and the vertical axis represents the aspects’ influence on its stakeholders.
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