HomeIdentification and analysis of significant issues
Major Theme Analysis Process
| Phase 1: Understanding the organizational context | |
|---|---|
| Collecting sustainable issues 21 sustainability issues |
■ Based on the company's industry characteristics and internal focus, and with reference to GRI standards, domestic and international sustainability trends, industry benchmarks and industry information, we identified common themes in the industry using an intersectional approach and converged on 21 sustainability issues. |
| Phase 2: Assessing the actual/potential impact of the issue | |
| Assessing the significance of the impact | ■ Conduct discussions on sustainability issues in a workshop format, identify the most overlapping sustainability themes in peer sustainability reports, and rank them by importance after considering their weights. |
| Phase 3: Establishing the order of major themes | |
| Major theme resolutions 5 major themes |
■ After the discussion of KUEN LING Sustainable Development Promotion Group, five major themes were identified: regulatory compliance, occupational safety and health, energy and greenhouse gas management, climate change, and low-carbon/green products. ■ This year's sustainability report will be written based on the major themes listed above, and will fully disclose its management policies and performance results. |
| Phase 4: Reporting and Disclosure | |
| News reporting and disclosure | ■ The Sustainability Committee develops management systems and processes, collects information, and compiles a sustainability report, which is then reviewed and audited by a subcommittee to ensure that sustainability information and performance are accurately expressed. The final report is approved by the Board of Directors and issued before August 31 each year. |
KUEN LING Major Theme List
| oriented | Major Themes of 2024 | Significance to KUEN LING | Value chain shock | Reveal Chapter | |||
|---|---|---|---|---|---|---|---|
| Within the organization | Outside the organization | ||||||
| KUEN LING | Upstream (suppliers) | Midstream (Peers) | Downstream (customers) | ||||
| Governance | Regulatory Compliance | Compliance with regulations is at the core of business operations. Failure to comply can impact a company's operations and reputation, and increase external costs. KUEN LING strictly adheres to regulations on corporate governance, business integrity, environmental protection, and labor rights. We regularly provide employee education and outreach to enhance employee understanding and awareness of compliance, ensuring consistent compliance awareness and behavior. This helps mitigate risks, maintain the company's reputation, and foster a positive external image. | ○ | ○ | ○ | Chapter 2: Steady Business Operation | |
| society | Occupational Safety and Health | KUEN LING values its employees as its assets and is committed to providing a safe, comfortable, and compliant work environment to eliminate workplace accidents. Failure to properly implement occupational health and safety measures can increase the risk of employee injury, lead to legal action and penalties, and damage the company's reputation. | ○ | ○ | ○ | Chapter 3 Environmental Sustainability | |
| environment | Energy and Greenhouse Gas Management | As global climate change intensifies, businesses are committed to energy conservation and carbon reduction. As a chiller manufacturer, KUEN LING strives to reduce energy consumption and provide energy-efficient, low-carbon products, which will help enhance the company's reputation and revenue. However, if products fail to meet carbon reduction targets, operational risks may increase due to government legislation and rising market awareness of low-carbon emissions, impacting greenhouse gas management plans. | ○ | ○ | ○ | ○ | Chapter 3 Environmental Sustainability |
| environment | climate change | As global warming intensifies, major companies are striving to implement energy conservation and carbon reduction measures. As a chiller manufacturer, KUEN LING is striving not only to reduce its own energy consumption but also to provide customers with energy-efficient, low-carbon emission products. This will enhance the company's reputation and visibility, potentially increasing revenue. However, due to global climate change issues, government legislation, and rising market awareness of low carbon and energy conservation, the company faces increased operational risks. Failure of its products to meet carbon reduction targets could impact the company's greenhouse gas reduction and management schedule. | ○ | ○ | ○ | Chapter 3 Environmental Sustainability | |
| product | Low carbon/green products | In response to the global trend toward net-zero carbon emissions, KUEN LING ability to promptly develop high-efficiency units, new refrigerants with low ODP (ozone depletion potential) and GWP (global warming potential) emissions, and energy-saving cold storage products will not only save energy and carbon for customers and consumers, but also assist governments in stabilizing the power grid and create more business opportunities. As a refrigeration equipment manufacturer, KUEN LING faces stricter refrigerant regulations both domestically and internationally, as well as growing consumer demand for more sustainable and environmentally friendly products. Failure to promptly respond could result in a decline in reputation and market share, impacting the company's revenue. | ○ | ○ | ○ | ○ | Chapter 4 Product Innovation and Customer Service |
