Stakeholder Communication and Identification

FET values its communication and engagement with various stakeholders highly. For the purpose of fully comprehending the essence of internal and external stakeholder management, we have followed the principles of AA1000 Stakeholder Engagement Standard to identify nine types of stakeholders crucial to our operations, and ensure that we have dedicated communication channels to respond to our stakeholders´ requests and expectations in our daily operations.
Material Operational Issues
FET conducts materiality analysis in 2020 by referring to telecom industry’s material topics which are recognized by institutional investors, peer companies, Sustainability Accounting Standards Board (SASB), and major news events related to FET. FET delivers the stakeholder questionnaires and conducts interview with EMT to complete the comprehensive analysis and make reasonable adjustments based on existing material matrix.
Adjustment Process for Materiality Matrix
Materiality Matrix and Definition of Materiality in 2021