Annual Report 2020

Materiality Assessment To identify the key ESG topics relevant to the Group, we have conducted a quantitative materiality assessment by inviting a wide range of stakeholders to participate in a “Stakeholder Engagement Survey”. This survey focused on a number of ESG-related topics drawn from due consideration of the Listing Rules requirements, ESG’s relevance to the Group and industry benchmarks. After having the Group’s management to assess the relevance of each ESG topic with regard to our businesses, we invited stakeholders to rate the importance of each of the ESG topics. The below matrix summarized the results of 257 survey returns from stakeholders. A total of 18 ESG topics have been identified to be of importance to the Group. The results provided insight to the Group in the process of planning business development and formulating operating strategy. The Group’s activities related to each material topic are illustrated in the corresponding sections. Stakeholder Engagement The Group regularly communicates with its stakeholders through different channels and collects their views and comments both formally and informally. This year, we continued to conduct the ESG survey as to engage different groups of key stakeholders and finally collected a total of 257 responses. The survey gave us a better understanding of stakeholders’ concerns and expectations and provided a guiding light for our endeavors to pursue common goals of ESG with our stakeholders. The channels to communicate with our stakeholders are summarized below. 031 Environmental, Social and Governance Report Miramar Hotel and Investment Company, Limited Annual Report 2020