Sustainability
Our Approach / Materiality
Materiality
Valeura reviewed its assessment of its stakeholders’ expectations in 2025 and concluded that only minor refinements were required.
The Company’s goal was to identify the topics most material to its stakeholders in the context of their ongoing relationship with Valeura. The Company prioritises these topics to ensure its efforts are directed where they matter most.
Valeura intends to review and refresh its material topics annually, to ensure relevance with the evolving business and stakeholder landscape.
Materiality Assessment Process
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Assessment begins by examining the business context, consulting internal and external experts, and conducting a thorough review of industry peers, global sustainability trends, and insights from internationally recognised sustainability frameworks including Global Reporting Initiative (GRI) Standards and SASB Standards to identify and screen for sustainability topics that are the most relevant to its business and stakeholders.
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Valeura considers the potential impact by gathering and evaluating inputs from surveys and interviews with stakeholders, including through internal workshops. The assessment is also guided by data gathered from industry peers, observed global trends, and perspectives offered by recognised thought leaders.
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Topics are prioritised based on desktop review and stakeholder engagement, and are ranked relative to one another. Valeura has categorised material topics into three levels, defined from higher priority to lower priority, as Critical Topics, Focus Topics, and Fundamental Topics, respectively.
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Material topics are reviewed and endorsed by Valeura’s executive management to ensure they are incorporated into business strategies and allocated appropriate resources to drive sustainability initiatives across the business.
Material Topics
Valeura Energy has reviewed and refreshed its material sustainability topics in 2025 as follows.
Each material topic is discussed in greater detail in individual chapters under the Environment, Social, and Governance sections of this report.
