Environmental, Social & Governance (ESG) Materiality
We published our first materiality assessment in 2018. In 2021, we updated the assessment to reflect the evolution of our sustainability approach, as well as new insights related to stakeholder expectations and key and emerging trends.
Our ESG materiality assessment included as inputs interviews with internal and external stakeholders between November 2020 and February 2021, as well as the use of a survey tool and relevant documents. Internal stakeholders included board directors, senior leadership, employees and employee groups. External stakeholders represented customers, shareholders, community partners and nongovernmental organizations (NGOs), regulators and other government officials, and suppliers.
The assessment resulted in the identification of 26 material ESG topics that reflect our significant economic, environmental and/or social impacts; or that substantively influence the assessment and decisions of our stakeholders. Internal and external stakeholders strongly aligned on the prioritization of the material ESG topics, and the results also aligned with our corporate strategy.
Our Material ESG Topics
This is different from financial materiality, which is defined by the U.S. Securities and Exchange Commission, and these topics should not be construed as being characterized as financially material. For additional information regarding Edison International, please see our filings (including our Form 10-K and Forms 10-Q) with the Securities and Exchange Commission (SEC).