Methods and processes of identification
We value communication with stakeholders, and we maintain good communication and interaction with stakeholders in all aspects of daily operations. In accordance with the GRI-2021 revision revamp, and stakeholder inclusiveness, as well as the management process for identifying, prioritizing, confirming, and reviewing material issues. The ESG Promotion Committee convenes an inter-departmental meeting in which senior officers of the group participate in the identification process. After multiple meetings and discussions, senior officers and heads of various units will identify possible key stakeholders to be communicated with. For issues related to corporate operations, we conducted the “2023 Corporate Sustainability Development Questionnaire” through the ESG questionnaire in the ESG section of the Company’s official website to understand the material issues that stakeholders are concerned about. The identification method and process are explained below:
In alignment with the revised GRI-2021 Standards, in 2022 TOPCO collected information on 20 relevant ESG key issues through various channels, and planned to identify ESG-related issues every three years, with the next assessment scheduled for 2025. Therefore, in 2023, TOPCO continued to focus on these 20 ESG key issues that are relevant to its operations to provide a comprehensive context for sustainability.
Implementation status of Fiscal year 2023
1. Questionnaire distribution period: 2023.10.01~2023.12.31.
2. 151 copies were recovered, an increase of 2% compared with last year.
3. The scale adopts a five-point Likert scale.
4. In view of the high score of concern for each issue, after discussion by the ESG group, it was selected as the main concern with a score of 4.38 (inclusive) and above. It covers the three aspects of ESG at the same time and serves as the main reporting structure of the 2023 sustainability report.
5. Reporting frequency to the board of directors: at least once a year.
The implementation status of Fiscal year 2023 was reported to the board of directors on February 29, 2024.
Material Issue Execution Progress
Material Issues and Value Chain
For more information, please refer to the 2023 Sustainability Report