MATERIALITY

Double materiality process

SABIC recently conducted a double materiality assessment (DMA) to ensure that the company's sustainability strategy and disclosures focus on the impacts on society and the environment, and the sustainability-related risks and opportunities that influence long-term financial performance.

Stakeholder engagement

We engaged with stakeholders to understand our impact, address priorities and expectations, and identify opportunities for collaboration and value creation. By gathering feedback from diverse stakeholder groups, we aim to balance varied interests, requirements, and expectations effectively.

Integration with enterprise risk management

Given the role of the Enterprise Risk Management (ERM) function in identifying key risks across the business that can often overlap with sustainability risks, the function was integral to risk and material topic identification through SABIC's DMA. ERM's structure and quantitative approach strengthened the prioritization of material issues using risk-based criteria. The ERM function leveraged its expertise and frameworks to ensure a robust process aligned with our existing risk management processes.

_{Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2025 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.}