Good Way ESG - Materiality Management β€” Sustainability, Compliance & Responsible Manufacturing

See how Good Way advances ESG: responsible manufacturing, environmental compliance, and community initiatives backed by ISO-certified operations. Our company defines stakeholders as "internal and external groups or individuals who influence or are influenced by the company." In alignment with the AA 1000 SES (Stakeholder Engagement Standards), we assess stakeholders using five key principles: Dependency, Responsibility, Influence, Diverse Perspectives, and Tension. Taking into account both domestic and international development trends, operational needs, and stakeholders engaged or affected by various departments, we assign importance ratings to identify seven primary stakeholder categories, which include employees, customers, shareholders/investors, suppliers, media, government/regulatory bodies, and NGOs/non-profit organizations and associations. Good Way also uses various communication channels to listen to and understand the issues that concern stakeholders, ensuring that disclosed information meets their expectations.

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Materiality Management

Materiality Management

Materiality Management

Our company defines stakeholders as "internal and external groups or individuals who influence or are influenced by the company." In alignment with the AA 1000 SES (Stakeholder Engagement Standards), we assess stakeholders using five key principles: Dependency, Responsibility, Influence, Diverse Perspectives, and Tension. Taking into account both domestic and international development trends, operational needs, and stakeholders engaged or affected by various departments, we assign importance ratings to identify seven primary stakeholder categories, which include employees, customers, shareholders/investors, suppliers, media, government/regulatory bodies, and NGOs/non-profit organizations and associations. Good Way also uses various communication channels to listen to and understand the issues that concern stakeholders, ensuring that disclosed information meets their expectations.

Material Issue Identification and Analysis

The ESG Office, referring to international sustainability standards (GRI Standards, UN SDGs, RBA Code of Conduct, SASB), DJSI sustainability assessments, stakeholder expectations and communication, as well as the company’s operational goals, reviews previously disclosed sustainability data and consolidates the relevance of the topic list to determine sustainability issues. Through online questionnaires and face-to-face interviews, we analyze and select sustainability topics that stakeholders consider highly important, with significant operational impact and financial materiality.

Material Issue Assessment Process:

  • Understand – Understand the organizational context
  • Identify – Identify actual and potential impacts
  • Assess – Evaluate the significance of impacts
  • Prioritize – Prioritize reporting based on significance
  • Report – Respond and manage

Good Way ESG - Materiality Management β€” Sustainability, Compliance & Responsible Manufacturing

Good Way ESG outlines our approach to environment, social, and governance commitments across design, sourcing, and production.

From ISO-certified plants to supplier audits and waste reduction, Good Way ESG programs turn policy into progress you can verify.

Track initiatives, reports, and goals that align our operations with stakeholder expectations and industry best practices.