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Reporting principles

Reporting scope

This report covers the consolidated performance indicators for all subsidiaries of the Bekaert Group. 

Consolidated data apply to the wholly and majority owned subsidiaries of NV Bekaert SA.

When specified, the (combined) disclosures in this report include the performance metrics of the joint ventures.
GRI 102-45, GRI 102-48, GRI 102-49

Reporting period

This report covers the activities between 1 January 2021 and 31 December 2021, unless stated differently and if relevant for the report. 
Bekaert reports its financial results twice per year (half-year results and full-year results). Bekaert reports annually on its sustainability performance. 

GRI 102-50, GRI 102-51, GRI 102-52

Process for defining reporting content

The content of this report has been defined considering the most significant indicators of our activities, the impact of and commitment to the company’s interest groups, the efforts in enhancing sustainability and the level of detail established by the GRI Sustainability Reporting Standards and the current NFRD (Non-Financial Reporting Directive).

This report complies with iXBRL/ESEF regulations and includes the outcome of the EU Taxonomy eligibility disclosure requirements. The structure and content of this first integrated annual report are based on the framework Guidelines of Value Reporting Foundation (International Reporting Council (IIRC) & Sustainability Accounting Standards Board (SASB).

The consolidated financial statements have been prepared in accordance with and comply with the International Financial Reporting Standards (IFRS) which have been endorsed by the European Union.

Our interest groups are the Bekaert employees, suppliers, customers, shareholders, partners, local governments and the communities in which we are active.
GRI 102-46