In another step toward achieving our sustainable management and development goals, we published the first ESG report in 2019 to allow stakeholders to better understand LCY Chemical Corp.’s performance of corporate social responsibility. The report disclosed LCY Chemical Corp.’s achievements in environmental (E), social (S), and governance (G) from 2019/01/01 to 2019/12/31 and will be updated annually in future.
Stakeholders
Channels of communication with stakeholders
As the first step to fulfilling our CSR in the pursuit of sustainable development, we have built a multitude of transparent, effective, and prompt communication channels to improve stakeholders’ understanding of and trust in us. We value each stakeholder’s opinion. By collecting feedback from each category of stakeholders, we identify their concerns and address their needs.
| Stakeholder | Channels of Communication | Frequency of Communication |
|---|---|---|
| Employees |
Labor-management meeting Employee Welfare Committee Occupational Safety and Health Committee Reporting on corruption Employee grievance Prevention of sexual harassment Anti-trust |
Once every quarter Once every quarter Once every quarter Unscheduled |
| Customers | Product consultation | Project-based |
| Government agencies | Official correspondences | Unscheduled |
| Communities | Meetings Site visits by external units such as local residents and school teachers and students |
Unscheduled Unscheduled |
| Suppliers | Audits of existing suppliers Reviews of existing suppliers Information and grievance unit: Audit Department, Taipei P.O. Box 36-587 |
Unscheduled Once every year Unscheduled |
| Banks | Meetings | Once every year |
| Media | Interviews (face-to-face, written, telephone) | Unscheduled |