Management approach

Material topics

GRI: 102-53, 102-42, 102-44, 102-46, 102-47

The Company takes feedback from stakeholders on the completeness, objectivity and materiality of the information disclosed in its sustainability reports into careful consideration. Any questions or recommendations can be emailed to

In 2019, PhosAgro’s working group on sustainable development conducted a benchmark analysis and made a list of material topics. After a multi-stage selection process and many rounds of discussions with stakeholders, the Board of Directors aproved the final materiality matrix.

To facilitate dialogue and ensure that information is transparent and clearly communicated to all stakeholders and to select material topics to be disclosed in non-financial reports, the Company took steps to identify its key stakeholders based on its economic, environmental and social impacts. The representatives of each of the five groups of key stakeholders (employees and trade unions; shareholders; investors; government authorities, local communities) received requests to identify those aspects of the Company’s operations that are most important to them. Their response and assessment conducted by the working group helped identify the most important aspects used as a basis for the materiality matrix.

Materiality matrix

Material topics identified by stakeholders in a survey on the materiality of various aspects of the Company’s operations
Topic Not important Important Very important
Economic performance   1 6
Direct economic value generated and distributed
Financial implications and other risks and opportunities due to climate change
Defined benefit plan obligations and other retirement plans
Financial assistance received from government
Market presence 1 4 2
Ratios of standard entry level wage by gender compared to local minimum wage
Proportion of senior management hired from the local community
Indirect economic impacts   2 5
Infrastructure investments and services supported
Significant indirect economic impacts
Procurement practices 1 3 3
Proportion of spending on local suppliers
Anti-corruption   5 2
Operations assessed for risks related to corruption
Communication and training about anti-corruption policies and procedures
Confirmed incidents of corruption and actions taken
Energy 1 4 2
Energy consumption within the organisation
Energy consumption outside of the organisation
Energy intensity
Reduction of energy consumption
Reductions in energy requirements of products and services
Water and effluents 1 2 4
Interactions with water as a shared resource
Management of water discharge related impacts
Water withdrawal
Water discharge
Water consumption
Biodiversity 2 2 3
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas
Significant impacts of activities, products, and services on biodiversity
Habitats protected or restored
IUCN Red List species and national conservation list species with habitats in areas affected by operations
Emissions 1 2 4
Direct GHG emissions
Energy indirect GHG emissions
Other indirect GHG emissions
GHG emissions intensity
Reduction of GHG emissions
Emissions of ozone-depleting substances
Nitrogen oxides (NOX), sulphur oxides (SOX), and other significant air emissions
Effluents and waste 1 1 5
Water discharge by quality and destination
Waste by type and disposal method
Significant spills
Transport of hazardous waste
Water bodies affected by water discharges and/or runoff
Environmental compliance 1 1 5
Non-compliance with environmental laws and regulations
Employment   4 3
New employee hires and employee turnover
Benefits provided to full-time employees that are not provided to temporary or part-time employees
Parental leave
Labour/management relations 1 4 2
Minimum notice periods regarding operational changes
Occupational health and safety   3 4
Occupational health and safety management system
Hazard identification, risk assessment, and incident investigation
Occupational health services
Worker participation, consultation, and communication on occupational health and safety
Worker training on occupational health and safety
Promotion of worker health
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships
Workers covered by an occupational health and safety management system
Work-related injuries
Work-related ill health
Training and education   5 2
Average hours of training per year per employee
Programmes for upgrading employee skills and transition assistance programmes
Percentage of employees receiving regular performance and career development reviews
Security practices 2 3 2
Security personnel trained in human rights policies or procedures
Human rights assessment 2 4 1
Operations that have been subject to human rights reviews or impact assessments
Employee training on human rights policies or procedures
Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening
Local communities   3 4
Operations with local community engagement, impact assessments, and development programmes
Operations with significant actual and potential negative impacts on local communities
Public policy 4 2 1
Political contributions
Marketing and labelling   4 3
Requirements for product and service information and labelling
Incidents of non-compliance concerning product and service information and labelling
Incidents of non-compliance concerning marketing communications