CS Issues Materiality Analysis Process
Stakeholder Engagement
Cathay FHC identifies nine key stakeholder groups in accordance with the AA1000 Stakeholder Engagement Standard (AA1000 SES), based on the principles of dependency, responsibility, tension, influence, and diverse perspectives. Through the Sustainability Strategy Blueprint established under its sustainability strategy, Cathay FHC engages with these stakeholders through a variety of channels and mechanisms to listen to, understand, and respond to their voices and needs. Through ongoing communication and engagement, Cathay FHC aims to create mutual value and build lasting trust.
Actively Engaging and Leading Industry Development
Cathay Financial Holdings clearly stipulates in the "Policy and Code of Operation Integrity" and the "Code of Conduct" that participation in public affairs should be conducted legally, and all donations should be disclosed truthfully and in accordance with the law. With the rapid development of digital financial technology, the financial industry faces competition not only from the technology sector and e-commerce platforms but also must address various emerging risks, such as population aging and climate change. By participating in affairs of associations and guilds, Cathay aims to foster industry consensus and contribute to industry development.
Meanwhile, Cathay is an active participating member in associations over the years. Participation in key associations is a part of Cathay's effort to facilitate stronger collaboration between the industry and the government by formulating the relevant policies that will further the development of the financial sector.