Sustainable Development
Sustainable Business Division
This unit assists the board in continuously promoting corporate social responsibility and enhancing corporate governance, with the aim of achieving sustainable business operations. In July 2021, the board of directors of Kaulin resolved to establish the “Corporate Sustainability Development Committee.” This committee regularly reports to the board on the progress of sustainability initiatives and plans for future work.
In 2024, as part of an organizational restructuring, Kaulin consolidated the Sustainable Development Committee and the Business Strategy Division into the Sustainability Business Division.
Sustainable Development Implementation
ESG Report
Stakeholder Communication and and Concerned Issues
Stakeholders have diverse concerns in the issues that concern Kaulin due to their different identities. We provides pertinent information on corporate sustainable development on Kaulin official website. and establishes direct communication channels with stakeholders to understand their demands and expectations, and responds promptly. Our goal is to to achieve a win-win scenario with stakeholders to pursue the concept of company sustainable operations and continuously reviews and enhance our performance in enterprise sustainability. We reports stakeholder engagement at the Board of Directors
meeting each year, serving as a reference for sustainable strategy planning.
The concerns raised by Kaulin through engagement with major stakeholders from various departments during daily operational activities are collected and compiled by the Sustainable Development Committee. The report refer to specific topics from the 2021 edition of the GRI sustainability reporting standards and the SASB sustainable industry index. We identify issues related to the economy, environment, and people, considering both practical and potential positive and negative impacts. We have summarized 21 sustainability issues encompassing economic, environmental, and social aspects. This ensures that the sustainability information disclosed by Kaulin on the E (Environment), S (Society), and G (Corporate Governance) dimensions meets stakeholders’ expectations.
Material Topic Identification
Kaulin drafted 21 sustainability issues and distributed online questionnaires for major stakeholders. A total of 137 valid questionnaires were returned. The feedback provided ratings on the impact of each sustainability issue on corporate governance, environment and people; 11 copies of the questionnaire on the degree of operational impact were collected. We determined the material topics for the year after referring to the opinions of stakeholders and assessing the internal operational impact. It was confirmed that Kaulin should give priority to the disclosure of 9 major environmental, social and economic aspects of the year. In this report, Kaulin will explain the management policy and related disclosure items of each material topic.
Material Topics and Ranking of 2023
Material Topic Changes 2023
2023 Material Topic List
Report Download
Risk Management
The “ESG Risk Management Policies and Procedures” were endorsed by the board of directors. As part of this initiative, a dedicated risk management team will be established under the umbrella of Sustainable Development Committee. This team will delineate diverse risks in alignment with the company’s overarching operational policies.
Its aim will be to mitigate potential losses while remaining within an acceptable risk threshold. This endeavor is geared towards augmenting the company’s value and achieving the optimal allocation of company resources.
