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Materiality analysis

Within the framework of Scandic’s materiality analysis, all stakeholder groups are selected based on whether they can influence or are influenced by the company’s business. No stakeholder group is excluded and dialogues are conducted at various frequencies.

Stakeholder dialogues

Scandic meets owners and investors, ESG analysts, corporate clients, partners and suppliers in more or less formal meetings several times a year. Other stakeholder groups interact with Scandic mainly through evaluations, surveys and seminars.

In addition to the systematic dialogue on sustainability issues, Scandic also holds regular discussions with employees and guests. Responses from the various stakeholder groups help Scandic in its sustainability initiatives and reporting.

Stakeholder groupMain sustainability aspects based on earlier stakeholder dialogues
 Team members
  • Satisfied customers
  • Health and safety
  • Minimizing waste
 Owners and investors
  • Reducing CO2 emissions
  • Minimizing waste
  • Commitment of Board and Executive Committee to sustainability
 NGOs
  • Reducing CO2 emissions
  • Minimizing waste
  • Fair working conditions
  • Bio diversity
 Future employees
  • Fair working conditions
  • Minimizing waste
  • Influence
 Guests
  • Minimizing waste
  • Reducing CO2 emissions
  • Occupational health and safety
  • Contribute by making good choices
 Corporate customers
  • Fair working conditions
  • Occupational health and safety
  • Choosing interiors with consideration for environmental impacts
 ESG analysts
  • Measures to prevent trafficking/prostitution
  • Reducing CO2 emissions
  • Commitment of Board and Executive Committee to sustainability
 Business partners
  • Ensuring all employees have equal rights and opportunities
  • Measures to prevent trafficking/prostitution
  • Fair working conditions

Materiality analysis

Below is an overview of the modified materiality analysis with the areas identified based on dialogues that have been conducted. The starting point has been to select strategically important areas where permanent value can be created and where Scandic’s opportunities to have an influence are considered greatest.

Since Scandic has been engaged in sustainability initiatives since the early 90s, it is reasonably easy to address our most significant issues. There are two reasons for this.

Areas where Scandic drives change 

Environmental issues – many of these areas are interconnected and when aggregated help contribute to reducing CO2 emissions.

Social issues – these are especially important for Scandic as part of the service industry and in its role as a driver of integration in society.

  • Diversity and inclusion (Scandic)
  • Health (Scandic)
  • Waste – reduction and recycling (Scandic and guests )
  • Energy – heating/cooling and electricity (Scandic and property owners)
  • Food & beverage (Scandic)
  • CO2 emissions (Scandic and guests)
  • Water (Scandic and guests)
  • Materials & construction (Scandic and property owners)

Areas where Scandic strives for excellence every day

These key areas are integrated in Scandic’s daily operations and must be fulfilled to ensure Scandic’s success.

  • Anti-trafficking (Scandic and guests)
  • Fair and decent working conditions (Scandic)
  • Health and safety – team members (Scandic and guests)
  • Hotel safety – guests (Scandic and guests)
  • Equal opportunities – gender (Scandic)
  • Financial governance (Scandic)
  • Transparency (Scandic)
  • Anti-corruption (Scandic and suppliers)
  • Customer privacy (Scandic)