Stakeholder Negotiation and Major Themes or Topics
Through the Sustainable Promotion Unit, this company defines the stakeholders who influence or are influenced by us in three dimensions: economic, environmental and social, in
accordance with the GRI Standards "Principles for Defining the Content of Reports". This Company also refers to the five principles under the AA1000 Stakeholder engagements standard (AA1000 SES): Dependency, Responsibility, Tension, Influence and Diverse perspective, and takes into account the actual operation of the company, to identify eight stakeholders related to Nova Tech, including employees, shareholders, investors, government agencies, customers, suppliers,neighbours, public welfare Organizations and the media.
Identification of Major Themes or Topics
In order to build the company's sustainability DNA, strengthen the company's CSR and competitiveness,and to understand the level of stakeholders' concern for sustainability issues, Nova Tech follows the content of the GRI General Principles 2021 and the guidelines of AA1000 SES, and through the following four steps (identification, ranking, implementation, and communication), identifies the sustainability issues that stakeholders are highly concerned about, analyses the positive and negative impacts that they may have, and analyses the probability of impacts and the degree of impacts through surveys, in order to identify the company's major sustainability themes. In 2022, Nova Tech collected and screened 19 key sustainability topics to determine the level of economic, environmental, and social concerns of the domestic engineering industry, and distributed questionnaires for analysis, ranking, and consolidation.
In 2023, the results of this survey will be continued, and Nova Tech will compare the key sustainability topics with the industry trends and issues of interest to its benchmarking peers in 2023, and examine the development of company issues. Taking into account the development of the company's issues, NovaTech identified 13 key sustainability themes (one new theme from last year) that are used as the basis for the compilation and disclosure of this Sustainability Report. The screening process for 2022 is described below:
Major Issues of the Year
Note: In 2023, Nova Tech added Social Prosperity/Local Communities as a Sustainability Grand Theme after comparing industry trends and issues of concern to benchmarking peers, and considering the company's plans for operations and growth.
Major Themes or Topics and Borders of Internal and External Impacts
For 2023, Nova Tech has identified a total of 13 major themes across the three dimensions of governance, society and the environment. Nova Tech discloses and tracks the sustainability performance of each theme according to the level of stakeholder interest and impact. In addition,this year, Nova Tech has taken the initiative to refer to the Sustainability Accounting Standards Board (SASB) standards for the electrical and engineering services industry to disclose the performance of sustainability issues of concern to Nova Tech's industry stakeholders in order to improve our sustainability governance.
