CORP CRR 2024 8.5x11 v10 - Flipbook - Page 26
2 0 2 4 CO R P O RATE RESI LIENCY REPORT
MATERIALITY ANALYSIS
We routinely undertake materiality assessments with representative stakeholders to identify topics and focus areas that could
have a material impact on our business. The intent of this assessment is to better understand our priorities and how they can
further inform our resiliency strategy, sustainability initiatives, Strategic Plan, corporate reporting and performance goals.
Our materiality assessment, which is aligned with GRI Standards, begins with the identification of relevant stakeholders and
topics to be assessed. A variety of internal and external stakeholder groups are identified to provide a wide range of perspectives
and insights, including our Board of Directors, executive leadership, coworkers, shareholders, customers and vendors. An array of
topics are then identified through the evaluation of relevant topics.
In support of this process, we distribute materiality surveys to our stakeholder groups to evaluate their priorities across the
defined topics. The survey response data is then analyzed and weighed by stakeholder group and a materiality matrix is
developed to compare the importance of each topic to stakeholders and the impact on our core business. The results of the
materiality assessment are used to inform our resiliency strategy and sustainability initiatives, update performance indicators,
refine our focus areas, (re)allocate resources and establish reporting boundaries for this report and other external reporting. We
continuously gather valuable insights from our stakeholders so that shifting priorities aligned with new external trends can be
identified and addressed for future planning.
High
ESG MATERIALITY ASSESSMENT
ALIGNING HIGHWOODS BUSINESS DRIVERS WITH STAKEHOLDER PRIORITIES
Cyber Security
Business Ethics
Succession Planning
Employee Health
Energy Mgmt
Stakeholder Materiality
Training & Education
Water
Environmental
Compliance
Human Rights
Innovation
Financial Performance
Business Resiliency
Customer Satisfaction
Employee Relations
ESG Disclosure
Healthy Buildings
Diversity & Inclusion
Climate Resiliency Carbon Emissions
Environmental
Business Impact
Social
Governance
Government Relations
Green Building
Certification Executive Compensation
Access to Public
Transportation
Waste
Low
Labor Relations
Low
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Environment
Highwoods Materiality (Impact on Business)
High
