Materiality Topics
In accordance with the AA1000 SES: 2015 Stakeholder Engagement Standard (SES) guidelines, SKS identified the primary stakeholders by assessing their dependency, responsibility, influence, tension, and diverse perspectives. Through daily interaction and communication with stakeholders, and referencing international sustainability norms and standards (GRI Guidelines, SASB, ISO 26000, TCFD, AA1000 Accountability Principles, SDGs), following sustainability issue surveys, feedback was gathered from seven categories of stakeholders on their concerns regarding 21 sustainability issues. After identifying and assessing their levels of concern and impact, the Company integrated these findings into its business strategy planning, incorporating senior management interviews and international trend adjustments. Further evaluations involved members of the Sustainability Development Committee, senior executives, and team members including managers, assistant managers, junior managers, and section managers. Eventually, 14 key sustainability issues spanning ESG aspects were selected and reported to the Board of Directors as part of the organization’s annual major sustainability issues. Corresponding management policies were developed according to GRI Guidelines, United Nations’ Sustainable Development Goals (SDGs), etc., alongside setting short, medium, and long-term objectives. Progress is reviewed annually and disclosed in the Shin Kong Security ESG Report.
Materiality Topics boundaries and value chains
- Employees
- Customers
- Shareholders/investors
- Partners
- Suppliers
- Government agencies
- Andthe media
- Environmental (6)topics
- Social (6)topics
- Governance (9) topics
- Stakeholders' Level of Concern 7 major categories of keystakeholders, with participation from 417 stakeholders.
- Impact on the Organization's Operational Activities 6 dimensions defining company values and operational impacts,with participation from 237 executives and colleagues.
14 Sustainability Material Topics
- Interviews with senior management.
- Assessments from middle and senior management.
- Board of Directors reports.
- Establish internal management policies.
- Set short, medium, and long-term goals and review progress.
- Publish the SKS ESG Report.
Table of 2023 SKS Sustainability Material Topic
Dimension | Material topic | Change in priority | Corresponding GRI standard(s) | Corresponding SDG(s) | Corresponding chapter(s) |
---|---|---|---|---|---|
Environmental (E) |
Climate Action Management | ● | 305 | 4.1 Environmental Governance | |
Energy Resources Management | ● | 302 | 4.2 Green Management | ||
Supply Chain Management | ● | 204308414 | 4.3 Sustainable Supply Chain | ||
Biodiversity | ★ | Custom Topic | 4.4 Sustainable Environmental Education | ||
Social (S) |
Workplace Safety and Health | ● | 403 | 5.3 Healthy and Safe Workplace | |
Workplace Diversity, Equality, and Inclusion | ● | 401402404405 | 5.1 Building a Happy Workplace 5.2 Talent Training and Development |
||
Labor/Management Relations | ● | 402 | 5.1 Building a Happy Workplace | ||
Market Presence | ● | 202 | 5.1 Building a Happy Workplace | ||
Social Engagement | ▲ | 413 | 6.1 An-Shin Class 6.2 Deeply Rooted Local Sustainable Communities 6.3 SKS Community Care Welfare Foundation 6.4 Taiwan SKS Foundation for Arts and Culture |
||
Govemance (G) |
Corporate Governance | ▲ | 205 | 2.3 Corporate Governance | |
Customer Relations and Service Quality Management | ● | 416 | 3.1 Customer Relationship Management | ||
Operational Performance | ▲ | 201 | 2.2 Financial Performance | ||
Regulatory Compliance | ● | 205 | 2.4 Regulatory Compliance | ||
Privacy Protection | ▲ | 418 | 3.1 Customer Relationship Management |