Sustainability issue management process flow
STEP 01
Identify Important Stakeholders
5 key stakeholders
A paramount purpose for YOKE to release its Corporate Sustainability Report is to create a communication and response mechanism over sustainability issues with stakeholders. As such, the standard AA1000 SES five constructs were adopted and evaluations are performed by members of the YOKE Group taking part in disclosure of the Sustainability Report to define important stakeholders, including shareholders, customers, employees, suppliers, and contractors.
STEP 02
Gathering of sustainability issues
14 sustainability issues
To be able to understand the concerns and anticipations that stakeholders have about sustainability issues of YOKE, the GRI sustainability report principles and properties of the manufacturing sector were referred to and related external information on sustainability reports was collected; the 14-item sustainability issue survey was prepared.
STEP 03
Level of concern survey
158 questionnaires recovered
The questionnaires were issued to important stakeholders by the responsible department to conduct the survey; a total of 158 copies of the questionnaires were recovered to understand the attention they are paying to respective sustainability issues.
STEP 04
Analysis of impact on YOKE’s operation
6 senior managers
The attention expressed by important stakeholders was tallied and analyzed and provided to higher-ranking supervisors to help them understand and determine the extent of influence that YOKE has in respective sustainability issues on the economy, environment, and society.
STEP 05
Decide Important Issues be Disclosed
10 major issues of concern
According to the results of assessments over the attention of important stakeholders and the extent of influence that YOKE has on the economy, environment, and society, the analytical matrix of sustainability issues was prepared and a total of 10 important issues of concern to be disclosed through the current report were determined at the same time.
STEP 06
Corresponding GRI material issues
16 material issues
The verified major issues of concern were matched up with topics indicated in the GRI sustainability reporting principles to derive the 16 related items and their corresponding 26 disclosure indicators on material topics. Based on these topics and the impacts that they may have on YOKE and other members in its value chain, we were able to expand into the safety values we ought to create for our stakeholders.
