Stakeholder Engagement

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Stakeholders Engagement

Being the best partner for our stakeholders is one of LITEON's commitments. Listening to and communicating effectively with the stakeholders is one of the corners on which LITEON builds corporate sustainability.

Stakeholder Identification and Communication

LITEON has stakeholders from a wide variety of backgrounds. To present stakeholders sufficiently representative of their categories, we refer to the five attributes in AA1000 Stakeholder Engagement Standard 2015: dependency, influence, proximity, responsibility, and representation. Nine stakeholder categories have been identified by the degree of importance.

Our stakeholders include employees, customers, suppliers, investors/shareholders, governments and competent authorities, nonprofit organizations, research institutions, communities, and media. In addition, correlation tests are performed every year to examine the survey results returned by stakeholders. Conclusions are reported by the CSR Executive Office to the board of directors.

The nine stakeholder categories are employees, customers, suppliers, investors/shareholders, governments and competent authorities, nonprofit organizations, research institutions, communities, and media.

In 2020, LITEON continued to engage stakeholders in the nine categories through regular and irregular communication channels. Together, we achieved various results and created diverse social values. Topics that are material to LITEON's stakeholders are also addressed in the relevant chapters in the 2020 LITEON CSR report.

Identification of Material Issues

The LITEON Corporate Social Responsibility Report complies with the Global Reporting Initiative (GRI) Standards. Material issues are analyzed by following the process of identification, prioritization, validation, and review in order to validate the scope of disclosure in the report as well as major internal/external sustainability challenges faced by the company. The process serves also as a comprehensive review of business performance.

Stakeholder Engagement Performance in 2020

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