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Our Group's purpose is to develop better ways to build, for a world of changing demands. To achieve this, we are committed to motivating and enabling our people and our supply chain to deliver high quality, innovative buildings in a sustainable and efficient way. During the year we have continued to progress our sustainability agenda and embed ESG principles into our corporate strategy.
Our sustainability framework outlines why we prioritise different elements of our work encapsulated by our four sustainability pillars 'Planet', 'People', 'Prosperity' and 'Principles of governance', each informed by our people, customers, suppliers and stakeholders.
We illustrate our achievements over the last year against each pillar of the sustainability framework in the table on the Risk Management page. Progress against each of the pillars is fundamental to achieving our long-term strategic objective to deliver sustainable growth.
We undertake regular materiality assessments, informed by our ongoing dialogue with internal and external stakeholders. We continue to identify eight key areas of importance which remain unchanged from our initial assessment.
In line with the Global Reporting Initiative ('GRI') Standards, our sustainability framework and reporting are structured around our most material sustainability issues. Alongside our existing risk assessment process and stakeholder engagement activity, we regularly undertake a materiality assessment in order to identify environmental, social and governance-related issues that may have a significant impact on the Group's business performance or substantively influence the decisions of our stakeholders. Using the materiality matrix in this process enables the consistent assessment and prioritisation of risks identified across the business.
Our responsible and sustainable business priorities are aligned to those of our stakeholders (see Engaging with Our Stakeholders) and driven by our CEO, Alan Dunsmore, who has overall responsibility for climate change related matters at board level, and also chairs the Group's sustainability committee (see the Governance page for further details).