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GIANT ESG Sustainable Development

Stakeholders

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Giant adopts the Global Reporting Initiative (GRI) Standards and the AA1000 Stakeholder Engagement Standards (AA1000 SES) as the framework for identifying material topics related to corporate sustainability, which serve as the basis for disclosure in the company's sustainability report. To effectively communicate with various stakeholders, Giant follows the five principles of the AA1000 SES: dependency, responsibility, influence, diversity, and concern. Based on these principles, the company identifies its primary stakeholders and responds to their key concerns. The primary stakeholders identified by the company are categorized into six groups: employees, shareholders, suppliers or contractors, customers or trading partners, banks and insurance companies, and collaborating personnel.

 

 

Material Sustainability Issues

Referencing the GRI Standards and listening to the opinions of internal and external experts, Giant compiles and develops a library of important and relevant sustainability issues. Through questionnaire communication, we understand the primary concerns of stakeholders regarding Giant's sustainability issues. By comprehensively analyzing the impact of various sustainability issues on the company's operations and analyzing the 358 questionnaires completed by stakeholders, we created a materiality matrix. 

This process identified the company's key sustainability issues, which include "Occupational Health and Safety," "Labor Relations," "Training and Education," "Labor/Management Relations," "Economic Impacts of Climate Change," "Forced or Compulsory Labor," "Economic Performance," and "Air Pollution Management." Given the nature of our industry, the issue of "Air Pollution Management" is not applicable. After assessing the company's actual operating situation and the implementation of sustainability development goals and policies, "Energy Management" was included as a key sustainability issue. In total, 8 key sustainability issues were identified for 2023. 

 

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To enhance the quality of sustainability information disclosure, Giant will conduct annual reviews and adjust the key sustainability disclosure issues to align with international sustainability trends and the company's operating conditions.

Materiality Issues Identification Process

 

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  • Refer to GRI Standards and combining Giant's development vision and operational status.

  • Compile a sustainability issue library focusing on economic, environmental, and social sustainability issues.

  • List of 34 sustainability issues.

 

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  • Conduct a questionnaire survey among internal stakeholders.

  • Evaluate their level of concern for each sustainability issue.

 

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  • Collect a total of 358 questionnaires from internal and external stakeholders.

  • Conduct the analysis of significant issues using weighted calculations based on stakeholder importance.

 

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  • Create a materiality matrix to rank the significance of sustainability issues based on the analysis results.

  • Take into account the company's industry characteristics and international trends, relevant issues were excluded or added.

  • Identify a total of 8 significant sustainability disclosure topics.

 

Sustainability Issues List

 

 

 

 

Identified Material Sustainability Issues

 

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