Materiality Assessment & Sustainability Strategies

At Signature International Berhad, the Board recognises materiality assessment as a critical process for identifying, evaluating, and prioritising key sustainability risks and opportunities that are most relevant to the Group and its stakeholders.

In FYE 2024, Signature undertook its inaugural double materiality assessment, representing a significant shift from the traditional focus on impact materiality to a dual perspective considering financial materiality. This approach evaluates how the Group impacts the environment and society and how ESG topics influence enterprise value creation.

The process for this double
materiality assessment
involved five key stages:

MATERIALITY MATRIX

The Materiality Matrix visually represents the relative importance of each identified matter. This matrix serves as a strategic tool to assess the significance of sustainability issues.

1Economic Value Generated

2Quality Assurance

3Innovation & Technology

4Customer Satisfaction

5Responsible Marketing & Labelling

6Resource & Material Consumption

7Energy & Emissions Management

8Waste Management & Effluents

9Climate Change

10Water Management

11Occupational Safety & Health

12Human Rights & Labour Practices

13Talent Management & Development

14Diversity, Equality & Inclusivity

15Community Development

16Corporate Governance & Ethical Business

17Supply Chain Management

18Regulatory Compliance

19Data Privacy & Security

20Anti-Corruption