HIW Corporate Resiliency Report 2021 FINAL - Flipbook - Page 15
MATERIALITY ASSESSMENT
In 2021, we engaged a third-party to undertake
a Materiality Assessment with representative
stakeholders to identify ESG topics and focus areas
that have a material impact on our business. The
intent of this assessment was to better understand
our ESG priorities and how they can further inform our
ESG strategy, Strategic Plan, corporate reporting and
performance goals.
Aligned with the GRI Standards, our Materiality
Assessment began with the identification of relevant
stakeholders and ESG topics to be assessed. A variety
of internal and external stakeholder groups were
identified to provide a wide range of perspectives and
insights, including our Board of Directors, executive
leadership, employees, shareholders, customers and
vendors. An array of ESG topics were then identified
through the evaluation of relevant topics.
An electronic Materiality Survey was distributed to the
stakeholder groups to evaluate their priorities across
the defined ESG topics. The survey response data was
then analyzed and weighted by stakeholder group
and a Materiality Matrix was developed to compare
the importance of each topic to stakeholders and
the impact on Highwoods’ core business. The results
of the Materiality Assessment were used to inform
our ESG Strategy, update performance indicators,
refine our focus areas, (re)allocate our resources and
establish reporting boundaries for this report and
other external reporting. Moving forward, we plan to
update our Materiality Assessment periodically so that
shifting priorities aligned with new external trends can
be identified and addressed for future planning.
High
ESG MATERIALITY ASSESSMENT
ESG MATERIALITY ASSESSMENT
ALIGNINGHIW
HIWBUSINESS
BUSINESS DRIVERS
WITH
STAKEHOLDER
PRIORITIES
ALIGNING
DRIVERS
WITH
STAKEHOLDER
PRIORITIES
Cyber Security
Business Ethics
Succession Planning
Employee Health
Energy Mgmt
Stakeholder Materiality
Training & Education
Water
Environmental
Compliance
Human Rights
Innovation
Financial Performance
Business Resiliency
Customer Satisfaction
Employee Relations
ESG Disclosure
Healthy Buildings
Diversity & Inclusion
Climate Resiliency Carbon Emissions
Environmental
Business Impact
Environment
Social
Governance
Government Relations
Green Building
Certification Executive Compensation
Access to Public
Transportation
Waste
Low
Labor Relations
Low
Highwoods Materiality (Impact on Business)
High
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