We have long recognized the importance of sustainability issues and have developed an integrated and transparent approach to related oversight, management, measurement and reporting. We believe we have much to show for our efforts, but we continue to look to best practices within and outside our industry as we refine and strengthen our policies, practices and disclosures.
We periodically conduct sustainability-focused materiality assessment processes that serve as the foundation of our analysis of areas of sustainability risk and opportunity. We conducted our most recent process in early 2023, which incorporated a "double-materiality" approach, and affirmed our priority issues. Through ongoing engagement across our company and with a broad range of external stakeholders, we validate and, as needed, refine our assessment based on the input we receive and changes in our operating environment.