Stakeholder Identification
At TOPCO, we value communication with stakeholders. Besides maintaining sound communication and interaction with stakeholders, we also identify, prioritize, validate, and review the management processes of material topics based on the principles of sustainability context, materiality, integrity, and inclusiveness as stated in the GRI Standards. The ESG Promotion Committee convened a cross-department meeting, with the chairperson and CEO participating in the identification process. After frequent discussions of senior officers and unit supervisors, potential principal stakeholders for communication were identified. The methods and processes of identification are as follows:
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Management and response to major issues
Identify and sort
To better understand the needs of stakeholders, their expectations on TOPCO, and the matters that concern them, we designed a questionnaire based on two constructs: the concerns about issues expressed by stakeholders and the significance of issues’ economic, environmental, and social impacts. Stakeholders were surveyed online, and a total of 122 responses were collected. After cross screening, issues of external concerns and issues with internal impacts were selected and visualized in a matrix. In this report, a total of 19 economic, environmental, and social issues were concluded. A process for identifying materials issues affecting sustainable development was established for the reference of CSR information disclosure in order to realize our commitment on sustainable operations.
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