A fundamental component of GRI reporting - is the key starting point to connect business strategy with reporting and to demonstrate how our business responds to the legitimate needs and concerns of its main stakeholders. Link considers the materiality matrix as an important tool to identify the most relevant environmental and social priorities that are consistent with its business strategy and to fulfil the requirements of the GRI Standards international reporting requirements.
We believe collaboration nurtures the interdependencies among our many stakeholders, which will ultimately improve the overall resilience and long-term sustainability of the Link ecosystem. With more strategic engagement to advance our corporate vision, shared value has become the focus of how we plan and conduct ourselves as an organisation. We call this Business as Mutual.
Internally, interdepartmental risk workshops were organised, focusing on possible scenarios as we move towards Vision 2025. We also extended Business as Mutual to our business partners and other external stakeholders for deeper understanding of Link’s enterprise risks. We have reached out to the broader universe of stakeholders within the ecosystem to explore and determine what risks they are concerned about for their own businesses and organisations. By collating their responses and aligning them with Link’s registry of internal risks, we can identify material issues common to us and collectively resolve or mitigate them.
Last year, we have merged the corporate risk register and sustainability materiality matrix, resulting in a comprehensive risk matrix that is aligned with the interests of our key business partners - mainly focused on three aspects: Climate, Health and Well-being, Economic and Political Turmoil, and Talent. In 2020/2021, our strategic priorities and material topics have not changed. We will continue to strengthen our engagement with stakeholders to shape our medium to long-term initiatives. With deeper engagement, it provides us with clear guidance to shape our future initiatives.