Materiality

Materiality

In 2020, the SSG undertook a 'materiality assessment’ – reviewing what sustainability priorities and topics are most material, most important to the Australian beef industry in 2020.

The Framework did an initial assessment in 2016. The Framework’s list of 23 sustainability priorities was derived from this assessment when it was first launched in 2017. That review was four years ago. A lot has changed in the world and in the beef industry since then. This review to make sure the Framework stays up to date, and that we are measuring and reporting on the topics that matter.

As part of the process, a review of domestic and international literature was conducted to see what’s changed in the past four years. That allowed a compilation of a bare bones list of sustainability topics which was taken to 55 stakeholders. Interviews with stakeholders were conducted across the beef value chain – producers, feed lotters, processors, peak industry councils, state farming organisations – and we also interviewed our key external stakeholders as well – government, domestic and international customers, investors, academics, NGOs, subject matter experts.

A lot of the topics that came up in conversation were very similar to the 23 priorities in the Framework now. That’s good news. It means the Framework has been getting it right the past few years. There were some differences though. One example was that there has been a lot more attention recently on waste, both packaging and food waste, compared to four years ago.

Feedback from the public forums and surveys will be used to fine tune and prioritise the list of sustainability topics. That will be used to fine-tune the list of topics to guide a refresh of the Framework’s sustainability priorities and guide future decisions on what we need to measure and report on. Using what was said and discovered, a list of material, important sustainability topics will be created. That list will guide a refresh of the Framework’s sustainability priorities and guide our future decisions on what we need to measure and report on.

Download the 2020 Materiality Report.