The analysis shows that the impact from ICA Gruppen's own operations is relatively limited, while significant impact in most areas is upstream in ICA Gruppen's value chain, primarily linked to the production of the products and services that ICA Gruppen purchases. The downstream impact is partly about the impact of the retailer-owned ICA stores in Sweden, as well as the impact that arises from the consumption of the goods and services sold by ICA Gruppen.

Significant risks are, for example, linked to the consequences for global food production as a result of climate change and biodiversity loss, while significant opportunities can be seen linked to ICA Gruppen's ability to supply communities in its home markets with groceries, services and public services based on the store and pharmacy network in Sweden, Estonia, Latvia and Lithuania.

For a full account of the double materiality analysis, see ICA Gruppen's Annual Report.