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Stakeholder Engagement

Publish Date

31 Aug. 2024

2.1.1 Identification and Analysis Flowchart

Avalue adheres to the AA1000AP(2018) accountability principle and categorizes stakeholders based on inclusivity, significance, responsiveness, and impact.It also supports the United Nations Sustainable Development Goals (SDGs) and GRI Standards for sustainability reporting. In 2023, we also publicly disclosed the CDP carbon disclosure project and, using SASB standards and TCFD climate-related disclosures, established a materiality issue analysis model and process.


This involved identifying key issues for the company and stakeholders to define the scope and content of the sustainability report, detailing relevant management policies and performance.This ensures the sustainability report covers both internal and external major sustainability challenges faced by Avalue and serves as the foundation for setting sustainability management goals. 


Additionally, after review by the Chairman, the report is presented to the Board of Directors at least once a year.


Stakeholder Identification and Communication

Environmental sustainability, social well-being, and corporate governance (ESG) issues are important directions for Avalue's practice of sustainable business operations. These issues are also key factors influencing the company's sustainable development.


The company has invited department heads from across the organization to identify stakeholders, with a particular focus on the AA1000AP (2018) accountability principles, which include inclusivity, materiality, responsiveness, and impact.


Six priority stakeholder categories have been identified, including employees, shareholders/investors, customers/partners, suppliers, government agencies, and communities/non-profit organizations. To ensure that we fully understand the needs and opinions of all stakeholders, Avalue has developed a communication policy that emphasizes two-way interactions through a variety of channels.


Our approach involves engaging in daily business interactions and utilizing a range of communication channels, as outlined in the table below. By doing so, we can effectively communicate with stakeholders and receive feedback on sustainability issues that are important to them.


The table below summarizes the communication channels that Avalue commonly utilizes, along with their respective frequencies.