We started the 2021 report a little too late to do a proper materiality analysis that included our stakeholders. With this in mind, we decided to at least do an internal materiality analysis, in which we tried to put ourselves into their position. That’s no substitute for a proper stakeholder engagement process, of course, which is why we’re planning one for 2022. We expect to publish a new materiality matrix in our next report.
For this edition, we started off with a brainstorming session at Team Green, coming up with numerous topics that might have social, environmental or economic relevance. We then benchmarked these against other large and small companies, comparing them to our list. Then, guided by our climate intelligence team member Camille, we rated the topics according to our firm’s impact. Finally, we tried to put ourselves into the shoes of our stakeholders, rating the topics according to the . We want to stress that the validity of this approach is limited.
As a result of our internal materiality analysis, we identified nine material topics that we wanted to tackle in detail in this report. Below is an overview of where you’ll find them:
As a young company and start-up, our circumstances are constantly changing. To ensure as much transparency as we can, we’ll publish a climate (and in the future sustainability) report every year. In order to ensure comparability and transparency with regard to our journey, the reported numbers will be updated and published again in the next report (covering 2022).
Glacier Carbon Reduction GmbH is not required to publish a sustainability or climate report by law. But we wanted to show that no matter how big or small a company is, a non-financial report can be – and in our case is – a valuable tool both for internal development and external communication.