W e r eally w ant t o under stand our stak eholder s sustainabilit y c onc erns and what r ole w e pla y in w orking t ogether with them Jim m allory VP C o r p o r a t e Re s p o n s i b i l i t y 13 Primer o sus t ainability re P or t 2013 I n a Sustainabilit y and Str at egy R epor t it is es sential t o identify the mat erial t opics those ec onomic en vir onmental social and g o v ernanc e t opics of gr eat est impor tanc e t o our stak eholder s and t o the c ompan y and the thr eshold at which aspects bec ome suffciently impor tant that the y should be m anag ed and r epor t ed i n 20 13 w e c ommitt ed t o a pr oc es s of int ernal as ses sments of mat erialit y and during the y ear w e beg an the pr oc es s W e utiliz ed independent guidelines and standar ds described in Global R epor ting i nitiativ e GR i guidanc e and best pr actic es used t o defne mat erialit y f or Sustainabilit y r epor ting W e e xplor ed man y pot entially mat erial is sues which w er e identifed thr ough industry benchmarking int ernational standar ds emer ging is sues and int ernal discus sions W e discus sed their impor tanc e t o P rimer o s vision f or sustainable de v elopment T hr ough this e x er cise w e de v eloped an initial r anking of mat erial is sues and their impor tanc e t o the busines s T he list w as fur ther r efned using the P rimer o Ent erprise Risk Manag ement ERM pr oc es s t o plot the is sues and as ses s the pos sible risk s the y ma y pose T he mat erial is sues and priorities identifed in the int ernal as ses sment will driv e our sustainabilit y r epor ting and our medium t o longt erm str at egy Our r epor ting will impr o v e as w e f ocus on perf ormanc e measur es and other k e y perf ormanc e indicat or s KP i s that r efect and addr es s our stak eholder s c onc erns T he int ernal as ses sment det ermined these mat erial is sues and priorities 1 Health and Saf et y 2 C ommunit y T rust and Social Lic ense t o Oper at e 3 V alue Cr eation and W ealth Distribution 4 R egulat ory C omplianc e and 5 W at er Manag ement T he c omplet e list of is sues c onsider ed is in the table on pag e 12 While w e under stand that all the is sues ar e impor tant it is v aluable t o establish priorities in or der t o tak e a long t erm f ocused balanc ed vie w of the most mat erial is sues t o our busines s and our stak eholder s i n 20 14 w e will c ontinue t o impr o v e our pr oc es s f or r epor ting mat erialit y thr ough a v alidation pr oc es s with our k e y e xt ernal stak eholder s and r efne our C orpor at e R esponsibilit y str at egy MA TER i AL i TY and Our K e y Stak eholder s C ommunity tR u S t and S o C ial l i C en S e t o o pe R a te P A GE 29 V al ue C R ea tion and Weal th d i S t R ibution P A GE 15 Re G ula t o R y C omplian C e P A GE 10 W a te R m ana G ement P A GE 36 1 2 3 4 5 h eal th and S a F ety P A GE 19