Materiality topics on sustainability

The Company identified corporate sustainability issues in 2022, derived from analyzing various sustainability issues throughout the value chain, along with the relevant context of the industry group covering all three dimensions: environmental, social, and governance. This process involves the following steps:

  1. Understanding the Organizational Context: This involves studying and comprehending both internal and external factors.
    1. Internal factor includes the organization's direction, value chain concerns, key issues identified through collaborative workshops conducted by corporate sustainability management committee, and organizational risks.
    2. External factor includes global sustainability trends and directions, stakeholder needs and expectations.
  2. Prioritizing Sustainability Issues: The Company ranks key issues identified by assessing their significance based on the severity of potential impacts in each dimension. The ranking considers financial implications, customer impact, business disruptions, reputation/ image, and regulatory compliance which based on the criteria for assessing organizational risk levels.
  3. Implementation: Sustainability issues derived from the analysis and prioritization are presented to and approved by the Company's board of directors meeting held on 26 May 2022. The information is then communicated to stakeholders and a review process is scheduled annually.

Materiality topics (2022)