CHANGES IN MATERIAL ASPECTS ANALYZED IN THE SUSTAINABILITY REPORTS OF INTESA SANPAOLO GROUP AND BANCA INTESA BEOGRAD FOR THREE YEARS

Abstract

The information is considered to be material if there is a significant impact on an organization’s strategy and if it reflects the interests and expectations of the organization’s stakeholders. An organization, with its stakeholders should also determine what material is, to whom, and at what point. Intesa San Paolo group and Banca Intesa Beograd, the members of the SanPaolo Group, prepare sustainability reports on a regular basis over the years. This paper analysis the changes in material aspects over the period of three years, as presented in official sustainability report for 2013, 2014 and 2015 of the banking group and the individual bank – the member of the banking group.