- home
- ESG Management
- Stakeholder Engagement
Radiant Opto-Electronics has built multiple communication channels. In addition to understanding the needs and expectations of partners, the Company enhance s the immediate disclosure of information to reduce inconsistency in an open and transparent manner.
Stakeholder Communication
Identification of Stakeholders
After communicating and discussing with internal and external experts, Radiant Opto-Electronics Corporation has identified seven major organizations or institutions that are either affecting or affected based on the degree of dependency on operations, responsibilities, influence, diverse views and attention, according to the AA1000 Stakeholder Engagement Standard (AA1000SES). These stakeholders include customers, shareholders, employees, suppliers/contractors, non-profit organizations, community residents, and government agencies. To strengthen sustainable supply chain management, contractors were added in the field of "suppliers" of the survey. In terms of social participation, ROEC has partnered with the Radiant Education Foundation to provide educational and artistic resources to create sustainable influences.
Stakeholder Engagement
After communicating and discussing with internal and external experts, Radiant Opto-Electronics Corporation has identified seven major organizations or institutions that are either affecting or affected based on the degree of dependency on operations, responsibilities, influence, diverse views and attention, according to the AA1000 Stakeholder Engagement Standard (AA1000SES). These stakeholders include customers, shareholders, employees, suppliers/contractors, non-profit organizations, community residents, and government agencies. To strengthen sustainable supply chain management, contractors were added in the field of "suppliers" of the survey. In terms of social participation, ROEC has partnered with the Radiant Education Foundation to provide educational and artistic resources to create sustainable influences.
Stakeholder Engagement
To better understand the concerns and expectations of stakeholders, Radiant Opto-Electronics Corporation values the communication with them, reporting the communication status to the Board of Directors at least once a year. The Company adheres to three key communication principles: timely and proactive disclosure, providing comprehensive information, and establishing appropriate and diverse communication channels. It interacts with seven major stakeholder groups, continuously gathering feedback to inform the formulation of corporate sustainability development strategies. This aims to achieve an understanding of stakeholder needs and expectations and to appropriately address ESG key issues of concern. Additionally, Radiant Opto-Electronics employs systematic mechanisms for ongoing review and improvement, thereby enhancing corporate sustainability performance. In 2023, the outcomes of stakeholder communication efforts were not only promptly responded to by responsible departments but also disclosed externally through sustainability reports/websites to share the achievements of stakeholder engagement and the Company’s sustainable development goals with all stakeholders. The results of stakeholder concerns and annual material topics assessments were also reported to the Board of Directors in the fourth quarter of 2023.
More details
For more information on Radiant's sustainable actions, please read our Sustainability Report.
