Materiality Analysis Procedures
According to GRI 3: Material Topics of the GRI Standards 2021, VisEra adopted the economic, environmental, and human-social (human rights) impact assessment methodologies developed by the Value Balancing Alliance (VBA), Harvard Business School's Impact-Weighted Accounts research program, and Business for Societal Impact (B4SI) to establish an impact-based materiality analysis process, identify critical issues for VisEra, and determine the boundaries and scope of sustainable information disclosure.This process also serves as the basis for setting long-term corporate sustainability objectives.
To ensure the voices of stakeholders are heard, the materiality assessment was conducted through a questionnaire, focusing on stakeholders who interact frequently with VisEra and have significant influence. In identifying material topics, the company follows the GRI Standards, evaluating each issue based on two key dimensions - “Stakeholder Concern” and “Impact on the Company’s Operations”. Stakeholder feedback is collected, and senior internal management is involved in assessing how each topic may affect the business, in order to determine its level of materiality. Upon discussion by the ESG Committee, it was resolved that a comprehensive materiality assessment process would be conducted every two years.
In 2024, feedback was collected from 202 stakeholders to understand their level of concern regarding VisEra's sustainability topics. In parallel, 26 internal managers participated in assessing the significance of each sustainability issue to the company’s operations. Based on both stakeholder input and management evaluation, the ESG Committee reviewed and identified the top 3~4 issues from each of the three dimensions—environmental, economic, and social (including human rights)—as that year’s material topics. From an initial list of 22 sustainability topics, a total of 11 material topics were identified. In addition, issues of special concern to the parent company (tsmc) and those identified through the company’s Enterprise Risk Management (ERM) framework and risk map methodology—namely, Business Continuity Management and Geopolitical Risk—were incorporated. As a result, 13 material topics were defined in 2024 to guide the company’s sustainability priorities. Short, medium, and long-term sustainability management goals were established accordingly, with progress tracked and reviewed regularly through internal meetings.
Based on the results of the materiality analysis, VisEra aligns its disclosure with the topics and indicators defined in the GRI Standards, while also addressing the diverse information needs and disclosure expectations of various stakeholders. The company enhances transparency around sustainability topics—such as policies, governance, practices, performance, and targets—through multiple communication channels, including its sustainability report and corporate website. VisEra continuously identifies and evaluates the impact of sustainability-related issues on its business operations to ensure timely response and impact mitigation.
1. Establish short-, medium-, and long-term sustainability targets.
2. Track and review progress towards goal achievement through regular meetings.
3. Compile and disclose sustainability reports and sustainability information.
