Material Issues
Material Issues
CT assesses the significance of the impacts of material topics on the economy, the environment, and people (human rights) through various communication and engagement channels and in accordance with the GRI Universal Standards 2021; these assessments provide the basis for sustainability planning and form the foundation for the disclosures in this report.
Identification and Classification of Material Issues
To enhance management policies and strengthen information disclosure, and taking into account regulatory trends and public attention to various sustainability issues, the CT ESG Verification Team resolved to continue the 15 sustainability issues from 2023. On January 9, 2026, it conducted an electronic survey of stakeholders on their level of concern regarding these issues. The questionnaire was posted on the Company website for investors and other stakeholders to fill out. To ensure that the information disclosed in the report genuinely addresses stakeholder expectations regarding the issues of concern, a total of 68 stakeholder questionnaires had been collected by January 30, 2026.
Through the materiality analysis assessment process, the material topics for 2025 were identified. It was found that the issues stakeholders focus on are largely the same as the material topics in 2024, namely: operational performance, ethical management, occupational environment safety and health, product quality, and personnel structure.
The score for ethical management increased. This change indicates that, influenced by issues in the overall industry environment, stakeholders are more focused on the legitimacy of corporate operations and regulatory compliance in sustainable operations. At the same time, with respect to climate issues, we will continue to strengthen risk assessment to ensure that environmental strategies are more aligned with the expectations of the public.
Century has also always upheld a business attitude of legality and compliance. In the future, it will continue to broadly solicit opinions from all parties, deepen communication and exchanges with all sectors, build two-way transparent dialogue channels, and repay stakeholders’ trust with substantive operating results, achieving stable growth in the Company’s long-term value.
Value Chain and Impact Assessment of Material Issues
Through internal discussions held by the CT ESG Verification Team, the affected parties and boundaries inside and outside the organization were defined and aligned with GRI topics; these definitions were confirmed by the Sustainable Development Committee and senior executives, and the direct and indirect impacts under the governance, environmental, and people (human rights) dimensions were identified for each material topic to respond effectively to stakeholders.
To enable stakeholders to better understand the impacts of each sustainability issue on the Company’s overall value chain, the environment, and society, five major sustainability issues of Century were identified, and the response strategies and positive and negative impacts of the material issues are explained.
Dimension | Material Issues | Corresponding GRI Standards | Upstream (Supplier) | Within the Company (Employees) | Downstream (Customers) | Impact (positive/negative) | Corresponding Chapter |
Governance | Operational Performance | [GRI 201-1, 201-4] Economic indicators | ○ | ● | As orders for offshore wind power companies continue to grow, revenue is also growing steadily, strengthening the Company’s foundation. If operational performance is unsatisfactory, it may be suspected that inadequate management is the cause, thereby undermining investor confidence. | 1.2 5.1 3.3 4.1 | |
Ethical Management | [GRI 205-1, 205-2, 205-3] Anti-corruption [GRI 206-1] Anti-competitive behavior | ● | ○ | Compliance with regulations is the baseline for enterprises, and through the effective implementation of regulations, the Company continues to grow while maintaining a good reputation. If any act of corruption occurs, it will severely damage the Company’s image, breed distrust among customers, and increase operational risks. | 1.3 | ||
Product Quality | Custom Topic | ○ | ● | ● | By testing the Company’s products against international standards, foreign manufacturers can cooperate with the Company with confidence, and Taiwan’s technology will also gain recognition. If the quality of steel structure welding and offshore wind substructure equipment is abnormal, the Company’s reputation will suffer, foreign clients will lose confidence in Taiwanese suppliers, and natural calamities such as earthquakes could indirectly cause social disasters. | 2.1 | |
Social | Personnel Structure | [GRI 202-1, 202-2] Market Presence [GRI 401-1, 401-2, 401-3] Employment Relations [GRI 405-1, 405-2] Employee Diversity and Equal Opportunity | ○ | ● | CT offers highly competitive salaries and comprehensive benefits and actively recruits and develops talent of diverse backgrounds, genders, races, and cultures to become part of the CT team. If discrimination incidents occur, they will not only damage the Company’s image but also affect the public’s willingness to join the Company. | 4.1 | |
Occupational Environmental Safety and Health | [GRI 403-1, 403-2, 403-3, 403-4, 403-5, 403-6, 403-7, 403-8, 403-9, 403-10] Occupational Health and Safety | ● | ● | Employees are the Company’s greatest asset, and protecting employees is CT’s foremost concern. Regarding labor safety issues, the Company continuously improves through its occupational safety and health management system, hazard identification, risk assessment, and occupational health services, firmly believing that only in a sound environment can employee health and safety be ensured. If the workplace is unsafe, employees may suffer injury or illness from health and safety hazards requiring treatment and possible sick leave, or the impact may extend to the surrounding environment and endanger the personal safety of local residents. | 4.4 | ||
Dimension | The major theme of voluntary disclosure | Corresponding GRI Standards | Upstream (Supplier) | Within the Company (Employees) | Downstream (Customers) | Impact (positive/negative) | Corresponding Chapter |
Environmental protection | Energy Management | GRI 302-1 GRI 302-3 | ● | Monitor energy consumption to avoid waste and adhere to the 1% energy-saving policy target, thereby reducing the environmental burden. If resource use is not properly controlled, GHG emissions during production will increase sharply, thereby worsening global warming. Mid‑term goal: Achieve a 1% annual electricity savings rate; for details, please refer to 3.1 Energy Management. | 3.1 | ||
Climate Change Mitigation and Adaptation | GRI 305-1 GRI 305-2 GRI 305-3 GRI 305-4 | ○ | ● | The environment has changed drastically because of climate change, and enterprises should respond accordingly; with respect to GHGs, CT fully assists the government in conducting inventories. Failure to actively formulate response plans for climate-change issues will not only draw heightened government attention but also affect investors’ perception of the Company. Long‑term goal: Implement a GHG emissions reduction plan. For details, please refer to 3.4 Climate Change Mitigation and Adaptation. | 3.3 | ||
【●】 Direct impact: Indicates that the sustainability issue has a direct impact on the topic 【○】 Indirect impact: Indicates that the sustainability issue has an indirect impact on that topic or is related to the t through business relationships Short-term goals: 1 to 3 years Mid-term goals: 4 to 7 years Long-term goals: Over 10 years | |||||||