The Star Entertainment Group has lifted performance and standards across its sustainability portfolio in the 2019 financial year. The Group’s commitment to sustainability continues to focus on creating long term value in the management of environmental, social and governance (ESG) risks and opportunities, and increasing performance and disclosures year on year. In the 2019 financial year, the Group’s Sustainability Strategy ‘Our Bright Future’ was expanded to align with the business priorities and plans and remains focused on material issues that are reaffirmed annually through our rigorous materiality assessment process.
Our Sustainability Strategy is underpinned by a structured materiality assessment process. The annual materiality assessment identifies the Group’s key emerging and operational ESG issues and seeks to respond to these as part of the Sustainability Strategy’s key priorities. In line with a series of standards, material ESG issues relevant to our business and industry are identified, prioritised and responded to accordingly through policy, process, targets and within our reporting. Material issues have been mapped to the United Nations Sustainable Development Goals which have also been addressed within the Sustainability Strategy. Each year our materiality assessment process is conducted to ensure material issues remain relevant and current. The material issues matrix demonstrates the relevance of these material issues to our business and stakeholders.
The following Materiality Matrix outlines our significant issues assessed by their ‘Importance to The Star’ and ‘Importance to external stakeholders’. All issues have been classified as ‘Emerging/Strategic’ or ‘Ongoing/Operational’.