Materiality matrix

In 2022, we conducted our first materiality analysis to identify which of our activities have the most impact on people, the environment and society.

We started by identifying a broad range of potential material Environmental, Social and Governance (ESG) issues which resulted in a longlist. We then ranked these topics on the longlist for the degree of impact that the company has on people, the environment and society. This resulted in the elimination of several topics and a shortlist consisting of 24 topics.

Stakeholder groups were then asked to prioritise the items on the shortlist based on the degree of impact that HeadFirst Group has on people, the environment and society. This resulted in a final list of the seven most material topics linked to ESG.

These topics are:

• Climate action (environmental);

• Supply chain management (environmental);

• Decent work & economic growth (social);

• Digital equality (social);

• Inspiring professionals & suppliers through work (social);

• Diversity (social);

• Data protection, privacy and cyber security (governance).

We are currently still in the process of setting all KPIs or qualitative and/or quantitative disclosures relating to the material topics. This is an ongoing process; new KPIs and qualitative and/or quantitative disclosures will be reported in the future. Our annual report for the financial year 2023 will also contain an outside-in analysis.