CFL Flooring has completed the materiality assessment in a preparation for its first publicly available sustainability report.
The materiality assessment helps identify the material ESG (Environment, Social and Governance) issues and challenges for CFL - from sustainability and climate change to social responsibility and diversity, impact of these issues and challenges on company’s business and stakeholders’ expectations, advancing CFL’s long-term sustainability strategy.
The company said it evaluates against the ISO26000:2010 CSR Guidelines, GRI Sustainability Reporting Guidelines and Sustainability Accounting Standards Board. It then compares this range of potential material topics against the corporate priorities set by the board and executive team, evaluating the risks and opportunities associated with each topic and their importance to our business’ bottom line.
“This is our first materiality assessment, and it will help us align our sustainability roadmap with our stakeholders”, said CFL President Thomas Baert.
For more information, visit cflflooring.com/.