In 2017, we conducted a materiality analysis due to the first-time application of the CSR Directive Implementation Act, which complied with both the statutory requirements and the definition of materiality according to GRI, and have validated it every year since.

In the combined non-financial report (NFR) for financial year 2019, ProSiebenSat.1 Group reports on the main non-financial aspects with the corresponding information needed in order to understand the parent company’s and the Group’s business development, results and position and the effects of the business activities in this regard. We used the standards of the Global Reporting Initiative (GRI) as a basis when preparing the NFR. For financial year 2019, we identified four non-financial aspects for ProSiebenSat.1 Group on which we make disclosures in the NFR in accordance with section 289c (3) of the German Commercial Code (HGB) regarding the concepts followed, the due diligence processes used, the results, and the related key figures.

Material Non-Financial Aspects in the Non-Financial Report

Material Non-Financial Aspects in the Non-Financial Report (Graphic)

Although ProSiebenSat.1 Group as a media group does not operate in a manufacturing sector with high resource consumption and energy intensity, we are aware of our ecological responsibility as a company. Together with our employees and in dialog with our other stakeholders, we want to contribute to help mitigate climate change and to protect the environment, for example through the careful and efficient use of natural resources and by reducing our energy consumption and CO2 emissions. Nevertheless, we consider the environmental impact of our business activities to be limited and have therefore not identified environmental matters as a key non-financial aspect in accordance with section 289c (3) HGB.

According to the GRI definition, aspects that report on the key economic, environmental and social impacts of the organization or that significantly influence the assessments and decisions of stakeholders are classed as material. Because this definition of materiality is broader than the one used in the NFR, the sustainability report covers additional topics, including the environment and climate protection. The topics reported include the result of the regular validation of the materiality analysis, the implementation and development of the ProSiebenSat.1 sustainability strategy, and the continuous dialog with internal and external stakeholder groups. They are also reflected in our sustainability management action areas. Strategy and Goals

Material Topics in the Sustainability Report

Material Topics in the Sustainability Report (Graphic)