Below we provide a table with definitions of Neo’s most material topics:
Using peer research and sustainability standards and frameworks, we developed a preliminary list of ESG topics to further assess which topics are material to Neo’s operations.
In Neo’s case of reporting with SASB framework, material topics were defined by both those recommended by 2021 SASB for the Chemicals industry. However, Neo went beyond this, by considering additional social and governance related materiality topics.
The cornerstone exercise of Neo’s Materiality Assessment process was a workshop, facilitated by thirdparty consultants, with mix of multidisciplinary and multi-jurisdiction management participants, representing Neo’s complete diversity spectrum of skills, perspectives, geographies, age groups,genders, responsibilities, and years of experience in our industry.