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Materiality Analysis

With the materiality analysis, we have identified, prioritized, validated and managed the most relevant issues for the organization.

Through our materiality analysis, we:

  • identified the most important management issues for the organization.
  • established where these issues have the greatest impact.
  • communicated the organization’s management in a strategic, focused, credible and above all, understandable way for all our stakeholders.

To learn more about our material topics, click here.

Through our materiality analysis:

Stakeholders and Materiality

We identify management issues that matter most to the organization.

Stakeholders and Materiality

We establish where they are presented the greatest impacts of these issues.

Stakeholders and Materiality

We communicate the organization’s management in a strategic, focused, credible and, above all, understandable way for all stakeholders.

Below, we detail the key issues for the permanence of our business over time and how we carry out the process of identifying and prioritizing them:

Stakeholders and Materiality

Economic growth

Stakeholders and Materiality

Business diversification

Stakeholders and Materiality

Client experience

Stakeholders and Materiality

Our people

Stakeholders and Materiality

Management of energy resources

Stakeholders and Materiality

Conservation of ecosystems and contribution to society


At Celsia, we constantly analyze the needs, expectations, risks and opportunities related to the stakeholders that may be impacted by our activities. Our mission is to create shared value by respectfully building trust and mutual benefit in the long term, which allows us to mitigate possible impacts and ensure fluid and open communication.

Our doors are always open, with the aim of having a direct and transparent relationship with our stakeholders, and thus achieve effective communication where they know everything about our management and we understand their requirements, proposals and concerns. We do so through our transparency line, our community service offices, chats and social networks, website, email, newsletters, radio programs and field visits.

For each stakeholder group, we have a particular relationship strategy that is materialized in day-to-day interactions, so their direct responsible are the teams with whom they are in constant contact, in addition, our sustainability team periodically promotes additional spaces for dialogue and consultation. In addition, we have a risk manual to identify and address the risks in our stakeholder relations, such as social, political, regulatory and reputational risk.

In order to get to know our stakeholders better and strengthen our relationship with them, in 2018 we set out to carry out an exercise where we identified their characteristics, the communication channels they prefer, and focused both the information we send them and the information we receive from them, in order to achieve a more personalized and timely interaction. This also allowed us to prioritize and standardize them at the corporate level and between our operations in Colombia and Central America.

This exercise resulted in the identification of the following stakeholders: