
Materiality Assessment
The Company’s operational intent is to contribute to business values based on social and environmental responsibility while properly meeting stakeholder expectations, demonstrated through tangible actions and results. Therefore, its materiality assessment process for sustainability issues is as follows:
- Materiality Identification and Reporting Scope
The Company identifies issues and scopes from its business operations along with internal and external factors. This links sustainability issues that cover environmental, social, governance and economic dimensions, including human rights issues and business activities through consideration of the impact on all stakeholder groups.
- Materiality Prioritization
Materiality issues are identified and prioritized by thoroughly considering both opportunities and impacts-whether positive or negative-across economic, social, environmental, and governance areas. This process ensures that both short-term and long-term effects are addressed with appropriate solutions and mitigations.
- Verification and Assurance of Sustainability Issue Assessments
After prioritizing, the Company carefully considers and verifies the completeness and accuracy of the material sustainability issues. The assessment of materiality issues are reviewed every year. These issues are then presented to the Sustainability and Corporate Governance Committee for review, approval and signing. Following this process, the approved sustainability issues are disclosed in the Annual Report (56-1 One Report) and communicated to all stakeholders.
- Continuous Development Review
The Company actively listens to the opinions and suggestions of all stakeholders through internal and external channels. Responsible teams are tasked with collecting data, summarizing the results, and reporting to the Sustainability and Corporate Governance Committee, aimed to improve the content of the sustainable development report for the following year.
Sustainability Materiality Issue
Governance and Economic
- Good corporate governance, risk management, and legal compliance.
- Innovation and Technology
- quality products & services procurement.
- Customer Relation Management and responsibility
- Supply Chain Management
Social
- Human Resource Management
- Occupational Health and Safety
- Creating economic value for the community.
Environmental
- Energy Management
- Water Management
- Waste Management and Secondary Material
- Climate Change
Sustainability Materiality Assessment Outcome 2024
Governance and Economic
- 1 Good corporate governance, risk management, and legal compliance
- 2 Innovation and Technology
- 3 Quality products and services procurement
- 4 Customer Relation Management and responsibility
- 5 Supply Chain Management
Social
- 6 Human Resource Management
- 7 Occupational Health and Safety
- 8 Creating economic value for the community
Environmental
- 9 Energy Management
- 10 Water Management
- 11 Waste Management and Secondary Material
- 12 Climate Change
Scope and Impact of Materiality Issue
This table can be scrolled horizontally
Materiality Issue | Scope and Impact to Stakeholders | |||||||
---|---|---|---|---|---|---|---|---|
Customer | Employees | Suppliers | Competitors | Shareholders | Community and Society | Governmental Sector | Creditors | |
Good Corporate Governance, Risk Management, and Legal Compliance | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Innovation and Technology | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||
Quality Products and Services Procurement | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Customer Relation Management and Responsibility | ✓ | ✓ | ✓ | ✓ | ||||
Supply Chain Management | ✓ | ✓ | ✓ | |||||
Human Resource Management | ✓ | ✓ | ✓ | ✓ | ✓ | |||
Occupational Health and Safety | ✓ | ✓ | ✓ | ✓ | ✓ | |||
Creating Economic Value for the Community | ✓ | ✓ | ✓ | ✓ | ||||
Energy Management | ✓ | ✓ | ✓ | ✓ | ||||
Water Management | ✓ | ✓ | ✓ | ✓ | ||||
Waste Management and Secondary Material | ✓ | ✓ | ✓ | ✓ | ||||
Climate Change | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |