Significant Issues Identification
Our stakeholder management is based on the three principles of communication, materiality and responsiveness and sets great store by two-way interaction with stakeholders. Applying the AA1000SES Stakeholder Engagement Standard, we have identified nine categories of stakeholders, whose classification and concerns are annually reviewed and, if needed, adjusted. In our continuous pursuit of sustainable business, we make every effort to understand and respond to our stakeholders’ concerns and offer transparent communication mechanisms for them to examine the sustainability of our business.
Identify the source of external feedback and suggestions for each department and maintain active interaction with stakeholders in our day-to-day business through various communication channels.
Nine categories of stakeholders have been identified, including the academia, suppliers, customers, NGOs, media, employees, investment institutions, students, and communities.
Design issue score cards based on GRI guidelines, AUO CSR policies, international rating initiatives customer demands, industry benchmarks and so forth to evaluate their impact on business operation the value chain and the impact on our sustainable targets. The screening generated 28 issues of concern.
Based on the level of stakeholder concern and the outcome of the impact on the Company’s operation and on the society, environment and economy as a whole, material issues are screened and duly reported to the Board of Directors.
Evaluate the potential impact of issues on the Company’s reputation, operation, sales and compliance and potential impact on the society, environment and economy as a whole.
Evaluate the significance of each item for each of the 9 stakeholder categories through online surveys and printed questionnaires.
Correspond the selected material issues with the items of disclosure covered in the GRI guidelines.
Define the scope and boundary of each aspect to ensure the transparency of AUO’s value chain and its extended impact.
Check if the report fully conveys the Company’s sustainability performance and impact and incorporate it as reference for sustainable management targets in the next reporting cycle