|ESG

When identifying material stakeholders in 2021, Walsin Lihwa continued using the five principles of the AA1000 SES Stakeholder Engagement Standard (Responsibility, Influence, Tension, Diversity of Perspectives, and Dependency) to examine 11 categories of major stakeholders and identified 6 categories of material stakeholders. In comparison with the analysis results in 2020, neighboring communities were removed from stakeholders in 2021. Walsin Lihwa has established complete and comprehensive communication channels to fully understand the issues of stakeholders’ concern to actively address such issues and seek improvement.

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Stakeholder Engagement
In order to identify key stakeholders, Walsin Lihwa continued to use the five principles of the AA1000 SES Stakeholder Engagement Standard (Responsibility, Influence, Tension, Diversity of Perspectives, and Dependency) to examine 11 categories of major stakeholders, and identified 7 categories of key stakeholders in 2020. Compared with the analysis results in 2019, Walsin Lihwa has added on two additional categories of stakeholders, including the Neighboring Communities and Banks, to actively expand the scope of communication targets. Walsin Lihwa has established complete and comprehensive channels of communication to fully understand the topics with which stakeholders are concerned and specific opinions, in order to actively respond, review, and improve.
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Material Topic Analysis
After identifying the key stakeholders, Walsin Lihwa took into consideration the major trends of the industry in 2020 and the new circular economy, and consolidated the potential sustainability topics of concern to the key stakeholders. In order to understand the sustainability topics' order of priority, Walsin Lihwa surveyed internal and external stakeholders on the 21 sustainability topics mentioned above and collected 254 valid questionnaires in 2020. According to the statistical analysis of stakeholders' questionnaires, the order of the 8 sustainability topics is as follows: legal compliance, sustainability strategy, occupational health and safety, pollution control, product quality and safety, risk management, corporate governance, and labor relationship.
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Disclosure of Management Strategies
Insistence on integrity and commitment to ongoing improvement of operational effectiveness…
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