In conjunction with the development of our materiality assessment, we have reconfirmed our commitment to prioritising the pursuit of our four overarching sustainability principles, and illustrated their alignment with those UN Sustainable Development Goals (SDGs) and their underlying targets that fit our business model, the businesses that we currently own, the sectors in which they operate, and their key stakeholders.

We have identified the specific UN SDGs and underlying targets where the Group makes the biggest direct contribution. In 2022, we have added a Group water withdrawal intensity reduction target to increase efficiency across all businesses as they seek to address water challenges such as scarcity and quality. We will continue to further align those targets with our businesses’ activities and our new sustainability reporting framework.

The integration of UN SDGs and their targets into our business model links our sustainability objectives with those of society and aligns our value creation strategy with our stakeholders.Below, we have summarised our relevant UN SDGs, their respective targets, and examples of how we and our businesses are contributing to them:

Alignment of our Sustainability principles with UN SDGs