05 | ESG strategy

Materiality analysis

A materiality analysis is an exercise that identifies a company’s critical ESG issues. It engages with internal and external stakeholders to build a full and accurate picture of all organizational matters and then uses these insights to define core business priorities, guiding both strategy and operations. Hafnia used the following approach to define the organisation’s materiality matrix

1. Identify and prioritise the relevant issues
2. Identify internal and external stakeholders
3. Research and consult with internal and external stakeholders
4. Identify the critical issues and develop a materiality matrix

As a result of this process, the most important issues have been identified and are represented in the Hafnia 2021 materiality matrix below.