Stakeholder(s)

Stakeholders are those who can affect or be affected by the undertaking.
There are two main groups of stakeholders:
(a) affected stakeholders: individuals or groups whose interests are affected or
could be affected – positively or negatively – by the undertaking’s activities and its direct and indirect business relationships across its value chain; and
(b) users of sustainability statements: primary users of general-purpose financial reporting (existing and potential investors, lenders and other creditors includingasset m anagers, credit institutions, insurance undertakings), as well as other users, including the undertaking’s business partners, trade unions and social partners, civil society and non-governmental organisations, governments, analysts and academics.
Some, but not all, stakeholders may belong to the two groups.