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Sustainability Issue Management

We are fully aware that management of sustainability issues is key to making continuous improvement and achieving longterm development. It includes how companies integrate internal resources to formulate a management approach and engage and communicate with stakeholders when facing issues. We collect related responses and recommendations through different channels and include them into the Company's business plan.

Stakeholder Communication and Engagement

The Company comprehensively evaluates global sustainability trends and FPCC's business development goals, and collects sustainability issues that stakeholders are concerned about through different communication channels. After discussions between internal and external experts on sustainability trends and impact analysis, and referencing the AA1000 Stakeholder Engagement Standard, the stakeholder communication process was established based on five principles, namely dependence, level of concern, influence, responsibility, and diverse perspective.

FPCC's 8 main stakeholders were jointly identified by departments and the President's Office. By analyzing the issues stakeholders are concerned about, departments were selected to gain a better understanding and communicate with their corresponding stakeholders. We have designated departments responsible for communicating with, listening to the opinions of, and responding to the needs of different stakeholders.

Material topic analysis process

FPCC analyzes issues of concern to stakeholders through the materiality analysis process, and ranks issues based on level of concern to effectively respond to the issues that stakeholders are most concerned about.

 

Materiality Analysis Matrix

FPCC identified 25 sustainability issues that stakeholders were concerned about. After discussions between each unit and the President's Office, 12 material sustainability issues with moderate and high levels of impact were used as the foundation for preparing this report, and their management method and performance results are disclosed in this report.

 

Explanation of the list of changes to sustainability issues