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Stakeholder expectations
With the aim of identifying the issues of greatest interest to Lar España’s stakeholders in the ESG and financial arenas, so as to fine-tune the information disclosed about the Company’s performance in 2015, Lar España conducted a materiality assessment, analysing the following aspects:
The interests and expectations of investors and authorities in the real estate investment world: European Public Real Estate Association (EPRA), Global Real Estate Sustainability Benchmark (GRESB).
Analysis of best sector practices: Royal Institution of Chartered Surveyors (RICS), sector guides on accessibility.
Areas and issues of concern and interest to the leading ESG reporting initiatives in respect of the real estate sector: Global Reporting Initiative (GRI), Dow Jones Sustainability Index.
The issues and challenges being taken up by the sector leaders at the European level.
In the wake of this analysis, a materiality matrix was drawn up of the key material matters as a function of their relevance to the Company’s stakeholders and the extent to which they have been adopted by benchmark sector players. Lar España is planning to roll out a series of specific initiatives to address these matters in the immediate future. Further information can be found in Chapter 8. Corporate Social Responsibility.
Materiality matrix
