ESG Report 2019
9 MATERIALITY ASSESSMENT During the Year, the Group conducted a materiality assessment to identify the important ESG issues. The materiality assessment helps the Group to ensure that the business objectives and direction of development can meet stakeholders' expectations and needs. The materiality assessment is carried out in three main phases: business nature of the Group ⅱ . Conduct a survey by inviting the internal and external stakeholders of the Group to complete a questionnaire, so as to gather the information showing the level of importance that each stakeholder attaches to ESG-related issues and understand their expectations for the Group's response and disclosure of ESG issues ⅲ . Analyze the results of 1884 valid ⅰ . Establish a number of ESG-related issues questionnaires and draw the following that carry potential impacts on the business or importance matrix to establish the priority of stakeholders based on the industry and ESG-related issues. 36 Significance To The Group’s Business Significance To Stakeholders Low Medium High Low Medium High Environmental, Social and Governance Report 2019 The United Laboratories International Holdings Limited
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