
Identification of Material Issues
HannStar Board’s Sustainability Committee identified 18 sustainability issues and surveyed 536 key stakeholders, including shareholders, investors, employees, customers, suppliers, government agencies, and local communities. The survey results revealed the level of concern among stakeholders for each issue. Subsequently, internal managers completed a questionnaire to assess the operational impact of these issues on HannStar Board. By combining the levels of concern and impact, the committee ranked the issues and, following discussion, selected the top three from the environmental, social, and economic dimensions as the company’s key priorities for the year.
In 2024, HannStar Board will focus on reporting nine key environmental, social, and economic issues: market position, operational performance, technology and R&D, green products, water and effluent management, sustainable supply chain management, labor-employment relations, occupational safety and health, and employee training and development. These nine themes present both risks and opportunities. In a challenging business environment, the company recognizes it cannot compromise the local environment or the health and well-being of its employees while pursuing operational performance and honoring the trust of shareholders and customers. Unauthorized violations would severely damage the company’s hard-earned reputation. Conversely, by transforming risks into opportunities and finding the right balance between economic performance, environmental sustainability, and social prosperity, the company can continue to grow and thrive toward a more sustainable future.
