The materiality matrix provides a summary framework of the topics which could potentially influence the actions and performances of Piaggio, its stakeholders’ decisions, as well as the level of "alignment" or "misalignment" between the priority of intervention that stakeholders attribute to the different topics and the level of commitment that the Group takes on relative to them.
For 2017, as in previous years, the analysis was based on a structured process of mapping the stakeholders considered to be of relevance to the Group, which saw the involvement of the company structures dedicated to relations with these various stakeholders (Business Ethics Committee, Investor Relator, Personnel and Organisation Department, Legal and Corporate, Market Department, Product Development Department, Finance Department, Technology Department, Marketing and Communications Department, Corporate Press Office, India, Asia Pacific 2W). The topics relevant to Piaggio were defined based on different sources, among which are the corporate policies and principles, the 2016 Sustainability Report, and the initiatives for listening to the stakeholders.
Two dimensions were looked into on these topics:
- On the Stakeholder side, the relative importance of each topic as perceived by the company function in relation with the stakeholders;
- With regard to the Group, the issues upon which Piaggio has planned to focus its efforts and the “level” of commitment demonstrated.
Therefore, in the upper part of the matrix there are topics into which - in the area of the Group's strategic objectives - a significant investment is foreseen in the next few years.
The analysis of the two dimensions has made it possible to prioritise the topics and position them on a matrix.