We have decided to take our Sustainability Report to the next level by ensuring it complies with GRI’s G4 Sustainability Reporting Guidelines (2013), specifically the Core option. This decision is testament to our commitment to transparency and accuracy in our reporting.
Before producing the Sustainability Report, the AC Milan Group undertook a materiality analysis in order to identify the relevant issues for the Group itself and its stakeholders.
Using a questionnaire, the AC Milan management team conducted an internal analysis in order to update the Group’s stakeholder structure and identify and prioritise relevant issues.
The list of stakeholders published in the previous Report was confirmed and is as follows: shareholders, first-team football players, youth academy football players, wider community, Portello and Zona 8 communities in Milan, employees, FIGC-registered personnel and contractors, families of youth-team players, suppliers, sports institutions (UEFA, FIGC, ECA), Lega Serie A, media, commercial partners, public administration, football schools, schools and universities, and fans.
Sustainability issues were evaluated from the dual perspective of the stakeholders and the AC Milan Group.
Given that this is the first Sustainability Report published in accordance with GRI-G4 guidelines, the analytical process was not extended to external stakeholders. However, in order to take into account the expectations of external stakeholders, we plan to extend the scope of the analysis in the coming years.
Below is a materiality index showing the most relevant issues.
AC Milan Group materiality index
High relevance issues for stakeholders and AC Milan
- Ethics and integrity in business management
- Economic and financial performance
- Corporate Governance
- First-team ethics and behaviour
- Organisation of sporting events
- Direct interaction with fans
Medium relevance issues for stakeholders and AC Milan
- Sponsor relations
- Relations with institutions and regulatory bodies
- Resource development and talent management
- Youth education
- Promotion of sport and training
- Legality and integrity in football
- Direct economic impact
- Environmental impact
- Local ties and social initiatives
Analysis of key AC Milan Group issues and their internal and external impact:
|Macro area||Issue||Internal impact||External impact|
|Governance and integrity||Ethics and integrity in business management||Yes - Top management and employees||Yes - Shareholders, sponsors, suppliers|
|Corporate governance||Yes – AC Milan Group||No|
|Relations with institutions and regulatory bodies, external relations||Yes – AC Milan Group, footballers||No|
|Sponsor relations||Yes – AC Milan Group, footballers||No|
|Economic responsibility||Economic and financial performance||Yes – AC Milan Group||No|
|Indirect economic impact||Yes - AC Milan Group, match day||Yes – Suppliers, sponsors, fans|
|Responsibility towards fans||Organisation of sporting events||Yes – AC Milan Group||Yes - Lega Serie A|
|First-team ethics and behaviour||Yes - Footballers||No|
|Direct interaction with fans||Yes – AC Milan Group, footballers||No|
|Legality and integrity in football||Yes - Top management, footballers||Yes – Lega Serie A, fans|
|Human resources||Resource development and talent management||Yes - Footballers youth academy, staff||Yes – Players’ families, schools and universities|
|Social responsibility||Local ties and social initiatives||Yes – AC Milan Group, Milan Foundation||Yes – Fans|
|Promotion of sport and training||Yes - AC Milan Group, Milan Foundation||Yes – Sporting institutions|
|Youth education||Yes - AC Milan Group, Milan Training School, Milan Foundation||Yes – Players’ families, youth academy, schools|
|Environmental responsibility||Environmental impact||Yes – AC Milan Group, stadium||Yes – Fans|