materiality
Materiality
Turning Insights
into Impact

Materiality Assessment

Our approach to materiality assessment is systematic and aligned with globally recognized frameworks, including the GRI Universal Standards 2021. We conduct an annual, comprehensive assessment to identify and prioritize key issues impacting our business and stakeholders. Based on these insights, we have developed a management approach that addresses the Economic, Environmental, and Social (EES) dimensions of our most material topics.

A critical component of this process is the proactive identification and evaluation of emerging ESG risks. Our Enterprise Risk Management (ERM) function integrates these insights through risk assessments, audits, and performance reviews, with outcomes reported to the Board-level Audit Committee to inform oversight and strategic decision-making. This integrated approach enables us to continuously refine our priorities and respond effectively to evolving stakeholder expectations and business risks.

Recognizing the dynamic nature of material issues, we incorporate multiple factors into our assessment framework, including the economic implications of our business model, alignment with organizational values, industry benchmarks, stakeholder perspectives, and emerging societal trends. We prioritize material topics through structural stakeholder engagement and internal deliberations at the management level.

LTM's ESG Materiality Matrix

Environment

  • 1 Water Management
  • 2 Waste Management
  • 3 Supply Chain Sustainability
  • 4 Climate Change
  • 5 Green Tech and Innovation

Governance

  • 1 Corporate Governance
  • 2 Business Ethics
  • 3 Data Privacy and Risk Management