ESG
Gamania pays attention to the rights and interests of internal and external stakeholders of the Company, and has established the Corporate Sustainable Development Best Practice Principles, hoping to use the Company itself as a model to extend and expand the scope to the society and the environment, and bring positive benefits to the Company both internally and externally. In 2019, the Board of Directors resolved to approve the establishment of the Sustainable Development Committee (ESG Committee), with the Chairman serving as the committee chair and the CFO as the convener. At the end of 2021, the Board of Directors further approved the establishment of the “Sustainability Planning Office” under the ESG Committee to report the annual implementation results to the Board of Directors at least once a year, and be responsible for directing and integrating different ESG task teams.
The key projects for 2024 include the overall planning of the ESG sustainable strategy blueprint, compilation of the sustainability report, greenhouse gas inventory and inspection, plastic reduction declaration and strategic carbon reduction, optimization of institutional investor evaluation, human rights due diligence, development of maternity protection programs, digital content responsibility management, and influence in social welfare activities.
There are 6 functional ESG task teams, which are coordinated and managed by the unit managers from the Chief Financial Officer’s Office, Chief Strategy Office, Corporate Communication Office, Human Resources Office, Gamania Cheer Up Foundation, and Internal Service Division, respectively, to implement the correspondingESG tasks. The Sustainable Development Committee convenes at least one meeting every quarter. The Board of Directors grants full authorization and gives guidance to the Sustainable Development Committee in terms of the sustainable development strategies it proposed and the implementation thereof, and regularly follows up as well as overseeing the annual material matters related toESG(such as the Net Zero Declaration, publication of ESG reports, etc.) to ensure the effectiveness of the implemented sustainability projects.
Gamania follows the material topic determination process and reporting principles of GRI 3 Material Topics (2021). Based on its operational activities and domestic/international trends, Gamania identified a total of 15 sustainability topics. Through double materiality analysis, it further identified the internal and external impacts of different issues. We considered not only the impact of sustainability topics on Gamania’s operations and business but also how Gamania’s operations and business positively and negatively impacted society, the environment, and people during the analysis.
Gamania decided to continue communicating with stakeholders on eight material topics identified in the previous year: information security and privacy protection, corporate governance and ethics, business performance, risk management, product and service innovation, customer rights and services, labor-management relations and employee rights, and human rights, diversity and inclusion. At Gamania, we review the list of sustainability issues, evaluate, and conduct major issue identification and analysis every year. The identification results of major issues and the related implementation results are reported to the Board of Directors on a yearly basis as well, in order to enhance corporate sustainable development.
In 2023, Gamania’s materiality assessment process, including the identification of material topics, stakeholder engagement, and double materiality analysis, was independently verified in accordance with ISAE 3000 by KPMG.
The Company identified the sustainability issues and trends of international concern, such as those under
the Global Risks Report of the World Economic Forum (WEF), material industry issues of S&P, major issues of SASB for the industry of software & IT services, and key issues concerning investors, and took the lists of major issues of domestic and foreign benchmark companies as reference. A total of 15 sustainability issues applicable to Gamania was thereby determined after analysis and screening.
We identified the stakeholders important to us based on the operating activities and value chain of Gamania, and distributed the "Stakeholder Concern Questionnaire" to assess the level of concern that external stakeholders had on 15 sustainability issues. A total of 66 valid questionnaires completed by Gamania's important stakeholders were retrieved, including 23 from employees (senior managers), 17 from investors/shareholders, 12 from customers/consumers, 9 from collaborating partners, and 5 from media and general public.
Through dual materiality analysis, we reflected the level of financial and operational impacts of the issues on Gamania, and the level and possibility of the impacts Gamania had on the overall economy, environment, and society. We considered the potential impacts of external issues on Gamania's internal operations, and determined the economic, environmental, and social impacts of the issues from an internal perspective.
Analysis of the operational impact on Gamania
We distributed the "Material Topic Identification Questionnaire - Level of Impact on the Company’s Financials and Operations" to assess the level of impact of the 15 sustainability issues on Gamania's four major business aspects, namely revenue and cost, reputation, legal compliance, and risk management.
Analysis of the economic, environmental and social impacts
We distributed the "Material Topic Identification Questionnaire— Level of Economic, Environmental and Social Impacts" to assess the scale/scope and possibility of impacts of the 15 sustainability issues, and further made an additional catastrophe assessment for the negative impacts.
After taking into account the stakeholders' level of concern, the operational impact on Gamania, the economic, environmental and social impacts, and the professional opinions of external consultants, the overall level of impact and the percentage ranking were calculated. Gamania eventually selected eight annual material topics, comprising three critical topics and five secondary topics.
The Office of Sustainability Planning reported the results of the material topic identification to the ESG Committee, then presented it to the Board of Directors, and included them in the management scope of the Sustainable Development Committee with the authorization of the Board of Directors. The issues were also incorporated into the risk management process when necessary to continually improve various systems and accordingly enhance the performance of corporate sustainable development. Material topics are also publicly disclosed in the Sustainability Report and on the official website's Sustainability section.
The results of the materiality assessment have been incorporated into the Company’s Enterprise Risk Management (ERM) framework. Material topics identified through the assessment are further evaluated as risk items, with defined risk tolerance, risk levels, and corresponding response and management measures. Examples include:
In order to meet the expectations of stakeholders and fulfill Gamania’s corporate social responsibility commitment, we adopted the five principles of AA1000SES: dependence, responsibility, tension, influence, and diverse perspectives, and referred to the groups or individuals that have an impact on the Company both internally and externally to identify the five major stakeholders of Gamania: employees, investors/shareholders, collaborating partners, customers/consumers, and media and general public. We will continue to refer to international sustainability trends, and will further evaluate and incorporate government/regulatory agencies and the new generation in the future.
