To determine the key topics, we defined “materiality thresholds” for each of the impacts (financial as well as impacts on the environment, society, and human rights). A topic is considered material as soon as one of these thresholds is exceeded.
As a result of our focus on the ESRS standards, the following topics from our prior materiality analyses will no longer be considered as independent topics in the new materiality analysis:
Network build-out
ICT solutions to support climate protection
Climate change mitigation
Cyber security
Supply chain labor standards
Socially relevant applications of ICT products and services
Media literacy
Transparency and reporting
Service quality
Disruptive technologies
These topics have been integrated in the new topics. For example, “ICT solutions to support climate protection” have a positive impact on the topics “Energy consumption and mix” and “Greenhouse gas emissions.” The topic “Network build-out” is a focus of the value creation stages “Networks and data centers” and was consequently taken into account in all topics.
As part of the materiality analysis, we also analyzed potential scenarios for financial materiality: Sustainable products can help mitigate existing social, economic, or ecological problems, for example. On the other hand, adverse environmental impacts, such as larger quantities of produced waste, can increase costs (in this case, costs for waste management). The results show that currently, climate-related topics, data protection, access to the information society, and individual aspects in the supply chain pose a financial risk to society, the environment, and human rights, as well as to us as a company. Harmful substances along the supply chain can impair human health, for example, and increasing legal requirements that we have to meet can increase costs. On the other hand, our products and services can help solve ecological and social challenges. For example, we offer solutions that help reduce energy consumption. Such challenges, therefore, pose opportunities for sustainable development, as well as market opportunities for us. For years now, these issues have been taken into account in Deutsche Telekom’s overarching risk-and-opportunity management process, and they are described in detail each year in our annual report.
To determine the key topics, we defined “materiality thresholds” for each of the impacts (financial as well as impacts on the environment, society, and human rights). A topic is considered material as soon as one of these thresholds is exceeded.
Our approach to measuring our climate-protection progress
Our climate targets
Diversity and equal opportunity (GRI 405)
Non-discrimination (GRI 406)
Our approach to diversity and equal opportunity
Our approach to protecting human rights
Our approach to integrity and compliance
Our approach to sustainable procurement
As a result of our focus on the ESRS standards, the following topics from our prior materiality analyses will no longer be considered as independent topics in the new materiality analysis:
These topics have been integrated in the new topics. For example, “ICT solutions to support climate protection” have a positive impact on the topics “Energy consumption and mix” and “Greenhouse gas emissions.” The topic “Network build-out” is a focus of the value creation stages “Networks and data centers” and was consequently taken into account in all topics.
As part of the materiality analysis, we also analyzed potential scenarios for financial materiality: Sustainable products can help mitigate existing social, economic, or ecological problems, for example. On the other hand, adverse environmental impacts, such as larger quantities of produced waste, can increase costs (in this case, costs for waste management). The results show that currently, climate-related topics, data protection, access to the information society, and individual aspects in the supply chain pose a financial risk to society, the environment, and human rights, as well as to us as a company. Harmful substances along the supply chain can impair human health, for example, and increasing legal requirements that we have to meet can increase costs. On the other hand, our products and services can help solve ecological and social challenges. For example, we offer solutions that help reduce energy consumption. Such challenges, therefore, pose opportunities for sustainable development, as well as market opportunities for us. For years now, these issues have been taken into account in Deutsche Telekom’s overarching risk-and-opportunity management process, and they are described in detail each year in our annual report.
Reporting against standardsGlobal Reporting Initiative (GRI)