List of material aspects

Double Materiality Analysis

In 2024, the ACS Group carried out an exhaustive Double Materiality Analysis in order to identify and understand in depth its impact on the environment and the external factors that may influence its performance. Although this analysis responds to the requirements of the European Corporate Sustainability Reporting Directive (CSRD), ACS has gone beyond mere regulatory compliance, turning it into a strategic opportunity to continue integrating sustainability into the Group's DNA.

This process has been developed with the collaboration of all the Group's companies and the active participation of the heads of the specialised areas, ensuring an integrated approach aligned with the ACS Group's business model. In addition, the opinion of the main stakeholders has been taken into account, allowing us to understand their expectations and needs in order to strengthen the relationship with them and respond to their concerns.

The analysis has been carried out in full alignment with the standards of the European directive, ensuring a rigorous approach in line with international best practice.

A key exercise in sustainability leadership

The main objective of this analysis is to carry out an exhaustive assessment of all ACS Group companies in order to identify the Impacts, Risks and Opportunities and to determine the material issues to be developed in the sustainability report, from a dual perspective:

Financial materiality: analyses how the environment influences the development of the ACS Group, its financial position and performance, cash flows, access to financing and cost of capital.

Impact materiality: analyses how the ACS Group's different activities affect the environment and people in the short, medium or long term, both positively and negatively. This analysis facilitates the integration of material sustainability issues as a key element of the ACS Group's strategy and decision-making.

The main objective of the Double Materiality Analysis is to obtain an accurate and up-to-date view of the state of sustainability at ACS, identifying the issues that are material to the Group and serving as a basis for consolidating a leading sustainability strategy in the sector. Beyond being an analysis exercise, Double Materiality becomes a key tool for strategic decision making. It allows us to strengthen those aspects in which ACS is already generating a positive impact and, at the same time, to anticipate and mitigate the risks that may affect its economic and reputational performance, as well as to minimise the negative impact that we may have on the environment.

An integrated approach aligned with the Group's reality

To ensure a truly representative analysis, ACS has comprehensively assessed all sustainability issues proposed by the CSRD. In addition, two specific strategic aspects have been added for the Group: Donations and Foundations and Innovation and Digitalisation.

The following image shows the material sustainability issues identified through this analysis.

Double Materility Analysis Results

For more information about the methodology and complete results of this materiality analysis, click here.