ESG Report 2022

3.4 Materiality Assessment During the Year, the Group conducted a materiality ii. Conduct a survey by inviting the internal and assessment to identify the important ESG issues. external stakeholders of the Group to complete a The materiality assessment helps the Group to questionnaire, so as to gather the information ensure that the business objectives and direction of showing the level of importance that each development can meet stakeholders' expectations stakeholder attaches to ESG-related issues and and needs. understand their expectations for the Group's response and disclosure of ESG issues The materiality assessment is carried out in three main phases: iii. Analyse the results of valid questionnaires and i. Establish a number of ESG-related issues that draw the following importance matrix to establish carry potential impacts on the business or the priority of ESG-related issues stakeholders based on the industry and business nature of the Group Significance To Stakeholders Low Medium High Significance To The Group’s Business Low Medium High 8 Environmental, Social and Governance Report 2022 The United Laboratories International Holdings Limited 33 7 31 27 10 9 12 5 17 16 19 3 35 34 36 28 8 13 14 20 15 4 29 30 18 11 32 23 22 24 6 26 2 21 25 1