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Language Stakeholder communication is very important
Due to differences in identity and category, the issues of concern to IBASE's major stakeholders vary significantly. Each department and unit of IBASE proactively engages in continuous and positive interaction with stakeholders through diverse channels, allowing stakeholders who follow IBASE to understand the company's operational overview in a timely manner. At the same time, IBASE can grasp stakeholders' requirements and expectations and respond promptly. IBASE reports the communication status with major stakeholders to the Board of Directors every year.
Each department and unit of IBASE collects key issues of concern raised by major stakeholders during
routine business interactions. These issues are then consolidated and summarized by the ESG Project Task
Force. Meanwhile, by referencing the GRI Standards 2021 and industry peer ESG reports, sustainability topics
are summarized, covering economic, environmental, and social dimensions.
Process Flowchart for Identifying Major Stakeholders.
Major Stakeholders |
Importance to IBASE |
Topics of Concern | Communication Channels / Frequency |
Shareholders/ Investors |
Shareholders are the providers of capital to
IBASE. Safeguarding shareholder rights, treating
all shareholders fairly, and ensuring that shareholders enjoy full rights to be informed
of, participate in, and make decisions on major matters of IBASE are essential. |
|
|
Customers |
Customers are the main source of company profits, ensuring product quality and maintaining good interactions with customers are IBASE's firmest commitments to them. |
|
|
Suppliers | IBASE’s products rely on numerous supply partners to
provide a stable supply of raw
materials and components. |
|
|
Employees |
Employees are the indispensable backbone of
IBASE’s operations. IBASE provides Compensation
and Benefits that are more competitive than market standards to ensure talent retention, while striving to create a workplace environment that promotes employees’ physical and mental well-being as well as diversified development. |
|
|
Contractors |
Certain professional matters are outsourced to specialized companies to facilitate the smooth operation of the manufacturing factories. |
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|
Local Communities |
IBASE implements environmental control
measures to prevent environmental pollution
incidents at operational sites that could cause a
decline in the quality of life in neighboring communities. |
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|
Government Agencies |
Government agencies supervise and audit IBASE’s compliance practices regarding various laws and regulations. |
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