Westfield Corporation | Sustainability Report 2018 | 8
Westfield Corporation | Sustainability Report 2018 | 8
4.1
1. IDENTIFICATION
We engaged with various
stakeholders to identify the issues
of greatest importance to them. This
included engaging with and obtaining
feedback from our employees, senior
executive teams, board members,
shareholders, joint venture partners,
retailers, shoppers, local community
groups and government/regulatory
bodies.
2. ASSESSMENT
We assessed the issues identified by
taking into account independent third
party guidelines such as the GRI G4
Guidelines, benchmarking against
our peers and undertaking our own
analysis of the wider economic,
environmental and social impact
of the issues raised.
The Global Reporting Initiative (GRI) G4 Guidelines
place materiality at the forefront of the reporting
process. For the purposes of developing a strategic
approach to managing sustainability and aligning
with GRI G4 Guidelines we have determined our
material issues by adopting the following four step
process.
3. MATERIALITY
VERIFICATION
We identified which issues raised
by our stakeholders were material
by further discussing the outcomes
of our stakeholder engagement
feedback with relevant internal and
external stakeholders.
4. PRIORITISATION
We reviewed and prioritised the
sustainability issues based on their
importance to our business and our
stakeholder expectations.
4.1 MATERIALITY