Identification of Material Topics

The Sustainability Report serves as an important channel for GIGABYTE to communicate our sustainability management practices and performance to stakeholders. The materiality analysis process helps to identify the sustainability topics that should be disclosed in the Sustainability Report. A materiality analysis is conducted by GIGABYTE each year in accordance with the GRI Standards 2021. Sustainability topics are periodically updated based on international sustainability standards and trends, the Companyʼs business goals, as well as the material topics of benchmark enterprises and peers. Investigation of stakeholder concern on sustainability topics as well as analysis of how sustainability topics impact on operations and sustainable development are used to rank material topics for the year. The disclosure of related information is also prioritized in the Sustainability Report. The double materiality approach was adopted in 2023 to investigate and analyze the business impact of sustainability topics more closely, as well as the positive and negative impacts on the economy, environment, society, and human rights.

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STEP 1. IDENTIFY

7 topics in Governance/Economy
8 topics in Environment
6 topics in Society

The identification process was conducted for a total of 21 sustainability topics with reference to international sustainability guidelines and standards (GRI Standards, SASB Standards, ISO 26000), sustainability ratings (DJSI, CDP), regulatory requirements, current affairs, corporate visions/targets and code of conduct, UN Global Compact, stakeholder engagement topics, and SDGs.

STEP 2. ANALYZE

257 responses to questionnaires from stakeholders
15 employees and managers took part in the impact assessment for material topics
A total of 279 valid responses were recovered

The extent of stakeholder concern: A questionnaire survey was used to investigate the extent of concern for sustainability topics among the 7 types of stakeholders.
Business impact: Supervisors with the grade of manager or higher as well as the team at the Sustainable Development Office assessed the positive/negative impact on operations from sustainability topics by looking at five factors: impact on stakeholders, compliance/code of conduct, corporate core strategy, business reputation, and revenue growth.
Sustainable development impact: The Sustainable Development Office participated in evaluating the positive/negative impact of sustainability topics in terms of the economy, environment, society/human rights.

STEP 3. CONFIRM

12 material topics for the year

The results of the completed surveys were collated followed by materiality analysis of “business impact” and “sustainable development impact” based on the extent of stakeholder concern and double materiality principle. The accuracy and integrity of the matrix analysis was then discussed by the Sustainable Development Office to settle on the 12 material sustainability topics for the year.

STEP 4. REVIEW

 

The Report editorial team regularly examines and evaluates the appropriateness of material topics and, if necessary, immediately amends the identification process of material topics and stakeholders.

In 2023, GIGABYTE made adjustments and deletions to the 27 sustainability topics from the previous year and reduced them down to 21. These included 7 topics in the governance/economic aspect, 8 topics in the environmental aspect, and 6 topics in the social aspect.

GIGABYTE Material Topics Matrix

Material Topics and Impact Boundaries

To help stakeholders understand the impacts of each material topic on the company, the overall value chains, the environment, and society, we elaborate a matrix table to present the direct impacts and indirect impacts each material topic may cause.“▲” means direct impacts indicating that the material topic has a direct impact on that boundary. “△” means indirect impacts indicating that the material topic has an indirect impact on that boundary, or is linked to that boundary for commercial reasons. Impacts were also broken down into categories “potentially positive ⊕”, “potentially negative Θ”, “actually positive ”, and “actually negative ”.

[Note] The “Society” encompasses stakeholders such as investors, media, government, communities/non-profit organizations/schools.

Material Topic Management and Outcomes

Material Topics Responding Webpage Responding Chapter in 2023GIGABYTE Sustainability Report 
Corporate governance Corporate Governance Organization 2.2 Corporate Governance
Moral integrity and code of conduct Corporate Code of Conduct 2.1 Integrity Management and Legal and Regulation Compliance
Information security and privacy protection Information Security and Privacy Protection 2.4 Information Security and Privacy Protection
Supply chain environmental and social impact management Supply Chain Management 4.1Sustainable Value Chian
Innovation management Innovation Management 2.5 Innovation Management
Climate strategy and risk management Climate Change Mitigation and Adaptation 3.2 Climate Change Mitigation and Adaptation
Greenhouse gas and energy management CSR Performance – Environmental Aspect 3.1.1 Greenhouse Gas and Energy Management
Waste management CSR Performance – Environmental Aspect 3.1.3 Waste Management
Product stewardship Extended Product Responsibility 3.3 Product Stewardship
Talent attraction and retention Talent Attraction and Retention 5.2.2 Talent Attraction and Retention
Talent cultivation and development Talent Cultivation and Development 5.2.3 Talent Cultivation and Development
Occupational health and safety Safe and Healthy Workplace 5.3 Occupational Health and Safety