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 Company’s 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 2024 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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Identification Process of Material Topics

STEP 1. Identification

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

【Identification of key stakeholders】

 The AA1000 Stakeholder Engagement Standard was used as a guide for team discussions by the Sustainable Development Office to identify the seven key stakeholders for GIGABYTE and investigate/analyze issues of their concern. Appropriate communication methods were also devised to respond even more effectively and swiftly to stakeholder needs.

【Identification of sustainability issues】

The sustainability issues at GIGABYTE were identified in accordance with 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, stakeholder engagement issues and SDGs.

STEP 2. Investigation

  • 531 responses to questionnaires from stakeholders
  • Business impact was assessed by 40 senior executives and the Sustainable Development Office
  • Sustainable development impact assessed by the team at the Sustainable Development Office

【Degree of stakeholder concern】

Survey was used to investigate the degree of concern for sustainability issues among the 7 types of stakeholders rights.

【Business impact】

Managers above the grade of division head and the team at the Sustainable Development Office jointly assessed the degree of impact that sustainability issues had on the four business factors of product and brand strategy, brand image, regulatory sensitivity and revenue growth.

【Sustainable development impact】

The team at Sustainable Development Office participated in evaluating the positive/negative impact of sustainability issues in terms of the economy, environment, people/human rights.” The significance of each issue was analyzed for “degree of impact” and “likelihood.”

STEP 3. Analysis and Confirmation

  • 12 material topics for the year

Issues assessed to have significant impact based on internal and external investigations were used to construct the Double Materiality Matrix. The linkage between topics and GIGABYTE was also considered. Finally, the material sustainability topics for the years were determined and the disclosure of related information prioritized.

STEP 4. Review of disclosure

  • 16 GRI Topic Standards

The 12 identified sustainability material issues corresponded to the 16 topic standards in the GRI Standard. These issues were used to define the boundary of information disclosures for the GIGABYTE value chain and serve as a basis for reporting.

STEP 5. Formulation of Sustainability Targets

  • Established 31 management strategies and targets

To ensure that GIGABYTE sustainability action plans align with stakeholder expectations, we defined sustainability targets for material topics that also serve as the progress indicator in internal performance reviews.

Impact on Sustainability Material Topic

In 2024, we identified materiality analysis of 21 sustainability issues identified material topics including: Brand strategy and reputation management, Code of Ethics and Conduct, Corporate Governance, Supply Chain environmental and Social Impact Management, Customer Relationship Management, Innovative Management, Product Stewardship Responsibilities, GHG and Energy Management, Climate Strategy and Risk Management, Talent Recruitment and Retention, Talent Cultivation and Development, and Occupational Health and Safety.

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.

Corporate Governance

Environmental Sustainability

People / Human Rights

Material Topic Management and Outcomes

Material Topics Responding Chapter in 2024 Sustainability Report
Corporate governance 2.1 Organization of Corporate Governance
Code of Ethics and Conduct 2.2 Integrity Management and Legal and Regulation Compliance
Brand Strategy and Business Reputation Management 2.7 Brand Strategy and Business Reputation Management
Innovation Management 2.5 Innovation Management
Customer Relations Management 2.6 Customer Relations Management
Supply Chain Environmental and Social Impact Management CH4 Sustainable Value Chain
GHG and Energy Management 3.1.1 GHG and Energy Management
Climate Strategy and Risk Management

3.1.1 GHG and Energy Management

3.2 Climate Strategy and Risk Management
Product Stewardship Responsibilities 3.3 Product Stewardship
Talent Attraction and Retention 5.2.2 Talent Attraction and Retention
Talent Cultivation and Development 5.2.3 Talent Cultivation and Development
Occupational Health and Safety 5.3 Occupational Health and Safety