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Materiality analysis

In the fall of 2023, Pandox conducted a double materiality analysis to identify material sustainability-related impacts, risks and opportunities.

The assessment was carried out with the help of a third party in accordance with the latest interpretation of CSRD and ESRS. The assessment was based on the principle of dual materiality, according to which a sustainability topic can be material from one or both of the following perspectives:

- Consequential materiality - Pandox's impact on people and/or the environment
- Financial materiality - sustainability topics that create effects on Pandox's financial conditions

Important areas

  • Climate change
  • Pollution
  • Water and marine resources
  • Biodiversity and ecosystems
  • Circular economy
  • Own workforce
  • Workers in the value chain
  • Affected communities
  • Consumers and end users
  • Business conduct

Stakeholder dialogue

Pandox most important contribution to a more sustainable development is in the development of profitable green buildings and green leases with the hotel operators.