Back to My Account

WEG
  • English
    • Français
    • Português de Portugal
    • Português do Brasil
    • Español
  • About WEG
    • This is WEG
    • WEG in Numbers
    • History
    • Management
    • WEG Operations
    • Technological Innovation
    • Sustainability
    • Our Business
    • Certifications
    • Legal Information
    • Open Innovation
  • Products
  • Solutions
    • Energy Efficiency
    • WEG Digital Solutions
    • Energy
    • Farming & Agriculture
    • Mining
    • Sugar & Ethanol
    • Steel Industry
    • Water
    • Pulp & Paper
    • Oil & Gas
    • Marine
    • Electric Mobility
    • Food & Beverage
  • Investors
  • Ethics
    • Code of Ethics
    • Code of Ethics for Suppliers
    • Policy for Preventing and Combating Corruption
    • Privacy Notice
    • Reporting Channel
  • Support
    • Contact Us
    • Where to Buy
    • Service Network
    • Resources & Tools
    • Reporting Channel
  • News
  • Careers
  • ‍
  • ‍
  • Login
  • English
    • Français
    • Português de Portugal
    • Português do Brasil
    • Español
  • Home
  • Community relations
  • Sustainable Development Goals
  • Ethics & Integrity
  • Environment Management
  • Materiality
  1. Home
  2. Sustainability - Materiality

MATERIALITY

Internal Consultation

The internal consultation involved our global senior management, and it was carried out through:

  • Direction: CEO and all members of the Executive Board and other Directors appointed pursuant to the bylaws.
  • Board of Directors: Two board members, one being independent.
  • Managing Directors: Five directors representing the countries that have the greatest socioenvironmental and economic impact for the company: USA, China, South Africa, Mexico and Germany


Consultation with Stakeholders

The consultation sought to understand the perspectives and perceptions of the main stakeholders from different countries, who are an essential part of the process to identify our material issues. The stakeholders consulted were:

  • Employees: Members of the six countries in which WEG has the greatest socio-environmental and economic impact (Brazil, USA, China, South Africa, Mexico and Germany). They were chosen by the respective Managing Directors of each country.
  • Investors: 10 global investors.
  • Customers: 10 global customers.
  • Suppliers: 10 global suppliers.
  • Local community and organized civil society: 5 social entities.
  • Trade associations: 5 trade associations.


Form of Consultation

The consultation process was online.



Result

To apply the consultation, 18 topics relevant in the context of sustainability were identified. Within this scope and with the possibility of including new topics, we carried out a consultation with internal staff and the main stakeholders. The action was intended to identify the aspects with capacity and potential to affect our value generation, impacting our strategy, governance and performance. And the result will be used as an important source for planning and aligning our report with our stakeholders’ expectations and demands.

The consultation process classified the following aspects:

WEG´s 2019 Materiality Aspects

Next Cycle

The next materiality cycle is scheduled for the second semester of 2021.



Relation of Material Topics to Capitals:

  • Financial Capital: Inovation and technology
  • Intellectual Capital: Inovation and technology
  • Human Capital: Ethics and integrity; Health and safety at work
  • Social and relatioship capital: Ethics and integrity; Investor relations; Customer relations.
ZEST WEG
  • 6 Laneshaw Street, Longlake Extention 4, Johannesburg, Gauteng, 1619 - Private Bag X10011 - Gauteng / South Africa
  • Phone: +27 11 723 6000
  • Email: info@zestweg.com
About WEG
  • This is WEG
  • WEG in Numbers
  • History
  • Management
  • WEG Operations
  • Technological Innovation
  • Sustainability
  • Our Business
  • Certifications
Products
  • Electric Motors
  • Generation,Transmission and Distribution
  • Drives
  • Controls
  • Industrial Automation
  • Electric Panels
  • Coatings and Varnishes
  • Spare Parts
Solutions
  • Oil & Gas
  • Marine
  • Steel Industry
  • Water
  • Energy Efficiency
  • Energy
  • Farming & Agriculture
  • Sugar & Ethanol
  • Mining
  • Pulp & Paper
  • Electric Vehicles
Contact
  • Contact Us
  • Where to Buy
  • Service Network
  • Violation of the Code of Ethics
Download Center
  • CAD Library - Electric Motors (2D/3D drawings)
  • CAD Library - Automation (2D/3D drawings)

Do you need other materials? Visit our download center below.

Privacy Notice | Cookie Statement | Terms and Conditions | RSS | © 2022 WEG. All rights reserved.

Cookie Disclaimer

This site uses cookies in order to improve your online experience. Detailed information on the use of cookies on this website is provided in our Privacy Notice. By continuing to browse the site you are agreeing to our use of cookies.
Find out more here