Stakeholder Engagement |
Identification and Selection of Stakeholders
Based on the five principles of the AA1000 Stakeholder Engagement Standard (SES), Tyntek has identified six major categories of stakeholders that are relevant and influential to the company's operations, including customers, shareholders/investors, employees, suppliers/contractors, government agencies , and banks.
Responses to Stakeholder Concerns
To comprehensively understand the concerns of stakeholders and assess the actual or potential impacts on them, our company regularly employs various two-way, ongoing channels. These include meetings, interviews, phone calls, feedback mechanisms such as suggestion boxes, as well as insights gained from various business interactions and exchanges. We actively engage with stakeholders of all kinds to gather and address their concerns, incorporating these issues into team discussions promptly to establish effective communication. This enables us to integrate stakeholder concerns into routine work activities or annual plans, showcasing results and serving as vital references for formulating and implementing corporate sustainability policies and action plans. Additionally, we provide regular reports to the board on our communication with stakeholders each year.
Issues of Concern to Stakeholders and Their Engagement
Stakeholders | Meaning to Tyntek | Issues of concern | Method and frequency of engagement | ||||||||||||||||||||||||||||
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Customers | Listening to customers' needs and providing professional products and services to achieve customer satisfaction can enhance the company's business development and source of revenue. |
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Shareholders/ |
The Company attaches importance to shareholders' rights and interests, works toward sustainable development, and is responsible to shareholders. |
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Employees | Employees are the cornerstone of the Company's sustainable development and the core driving force for its continued growth. |
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Suppliers/ Contractors |
The cooperation and support of suppliers and contractors are the key to Tyntek's stable supply and development of a sustainable value chain. |
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Government Agencies |
Comply with relevant laws and regulations of the competent authorities and continuously monitor policy updates and implementation to minimize the Company's operating risks. |
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Banks | Banks are one of the major sources of operating capital for enterprises. Maintaining good communication with banks and understanding their issues of concern will ensure a stable source of operating capital for the Company. |
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