Identification of Stakeholders

The expectations of stakeholders are valued for effective corporate sustainability practices.

WT continues to involve stakeholders to ensure a communication and response mechanism is in place for sustainability issues‭. ‬WT‭ ‬followed the principles of AA1000‭ ‬Stakeholder Engagement Standard‭, ‬which are‭  ‬impact‭, ‬materiality‭, ‬inclusivity‭, ‬and responsiveness‭, ‬to identified key stakeholder groups‭. ‬An evaluation and discussion by WT’s functional executives involved in the sustainability effort concluded that the operating environment in 2022‭ ‬was not significantly different from that in 2021‭, ‬and that the key‭ ‬stakeholder groups were therefore the same as identified previously‭, ‬which are shareholders/lenders‭, ‬customers‭, ‬employees‭, ‬vendors‭, ‬and other suppliers‭.‬

The five stakeholder groups‭, ‬whose involvement with WT’s operations vary in significance and interactivity‭, ‬are engaged in parallel by different departments through various communication channels‭. ‬In 2022‭, ‬the communication and engagement efforts continued‭ ‬and produced results‭.‬

For subsequent issue impact analysis‭, ‬19‭ ‬sustainability issues were identified in accordance with global sustainability report disclosure norms or standards‭ (‬such as GRI‭, ‬SASB‭, ‬TCFD‭), ‬attributes of technology industries‭, ‬external sustainability reports‭, ‬and other information‭.‬

Global Carbon Yearbook Guided Reading‭ ‬as part of WT’s ESG initiative

A sustainable planet is a matter for global citizens

The Global Carbon Yearbook is an authoritative work across fields and regions‭. ‬Covering 41‭ ‬countries in the world‭, ‬it is contributed by more than 300‭ ‬writers‭, ‬scientists‭, ‬illustrators‭, ‬and environmentalists and translated into 38‭ ‬languages‭. ‬The Yearbook summarizes all the research results and latest data on carbon in the world today with regard to corporate business strategies‭, ‬global environmental economy‭, ‬environmental engineering‭, ‬climatology‭, ‬and climate change‭.‬

On December 8‭, ‬2022‭, ‬Willie Sun‭, ‬WT’s Chief Sustainability Officer‭, ‬mediated the guided reading‭, ‬and invited 120‭ ‬individuals including representatives from upstream manufacturers and downstream customers in the supply chain‭, ‬as well as stakeholders such as‭ ‬employees and banks‭, ‬to participate in the event‭. ‬The Guided Reading was conducted by asking questions such as‭, ‬why we need to‭ ‬understand the matter of‭ carbon‭? ‬How we implement ESG in our business operations and personal daily life‭? ‬And why the world continues to pay attention to the issue of‭ ‬carbon‭. ‬From common sense to knowledge‭, ‬the Guided Reading was intended to reveal the‭ ‬truth about‭ carbon‭.‬

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