Quanex Materiality Map

In this quadrant are material issues that are important to our stakeholders, but that are mature in their development and do not require extensive additional planning or implementation of new programs by Quanex.

This quadrant represents a high priority for both Quanex and our stakeholders, and includes issues that need to be addressed over the coming months and years. For these items, we are actively working to develop sustainable policies and programs that will allow these issues to be moved to the “Sustain and Communicate” quadrant.

At present, the material issues in this quadrant are relatively low-impact areas where we already have effective systems in place. While we are monitoring these issues to ensure compliance on an ongoing basis, we are not actively engaged in extensive projects to address or improve them. As the business environment evolves and as we and our stakeholders continue to refine our collective views and priorities with respect to sustainability matters, these issues may migrate to a different quadrant.

We are focusing on these issues because we believe they are important to our future, but they are not necessarily being requested or demanded by our stakeholders. If and when these issues become more important to our stakeholders, they may migrate to the “Prioritize” quadrant.