Stakeholder Engagement
Jaymart Group Holdings Public Company Limited and its subsidiaries (the “Group”) place great importance on the fair and comprehensive treatment of all stakeholder groups. This includes attentively listening to their opinions, suggestions, expectations, and concerns. The Company incorporates the information, details, and relevant factors from both primary and secondary stakeholders to continuously improve and enhance its operations.
With strong commitment and determination, the Group strives to treat all stakeholders with honesty, transparency, equality, and fairness in alignment with the principles of good corporate governance. Furthermore, the Group emphasizes transparent and timely communication of factual information, always taking into consideration the benefits and interests of all stakeholders.
Stakeholder Engagement Framework
Identify
The identification and assessment of stakeholder significance are carried out based on the level of impact arising from the Group’s operations and the degree of influence stakeholders have on the Group’s business activities, together with the designation of key responsible parties for stakeholder management.
Analyze
The analysis of stakeholder issues is conducted based on information gathered through various communication channels that capture stakeholders’ feedback and concerns. This process aims to identify and evaluate the needs, expectations, concerns, risks, and opportunities of each stakeholder group, which are then used to develop effective management plans and organizational strategies for maximizing overall efficiency.
Manage
Management must encompass comprehensive planning and implementation related to each stakeholder group, ensuring inclusiveness and responsiveness in addressing various issues and concerns. It also involves effective communication management to foster accurate understanding among all parties, along with the continuous development of new approaches and processes to enhance efficiency and build mutual acceptance among stakeholders.
Review & Improve
Review and Development: The Group regularly evaluates its performance and reports on stakeholder engagement practices, covering the scope of operations, the impacts generated, and the benefits derived from the Company’s and the Group’s activities. Based on these results, the Group develops action plans and monitors collaborative processes to ensure they remain up to date and responsive to current circumstances.
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