Identification of Stakeholders
Stakeholders
Adhering to the service ideals of the department store industry, FEDS has established a communication strategy and maintained good communication with stakeholders through diversified methods in accordance with the principles of AA1000 Stakeholder Engagement Standards. FEDS cares about the major issues of concern to our stakeholders and respond to them in a timely manner. We also develop management plans and action strategies accordingly in response to the demands and expectations of stakeholders.
Consumers
FEDS provides a rich and convenient shopping experience to meet the diversified consumption needs of customers. Meanwhile, it also becomes a driving force for the progress and growth of the Company.
Employees
FEDS attaches great importance to talent cultivation, provides better remuneration than its peers, and considers employees as important assets of the Company. It is also the key to creating sustainable competitiveness.
Business partners
(counter vendors/suppliers)
The cooperation and support of business partners are crucial for creating a comfortable and safe shopping environment and providing excellent and considerate customer service and high-quality products.
Shareholders (investors)
The support of shareholders is an important driving force for the sustainable operation of FEDS.
Government
The government agencies enact sound laws and regulations to improve the retail operating environment.
Society (media/community)
FEDS supports local community and cares for the society to fulfill its responsibilities as a corporate citizen.
Communication with Stakeholders
Stakeholders | Material topics of concern | Communication strategy | Channels and frequency of communication | Corresponding chapters | Communication achievements |
Consumers |
| FEDS operates with the wishes of consumers in mind to provide excellent services, improves customer satisfaction, and creates a good sustainable life. | 【Regular】
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Employees |
| FEDS has established smooth communication channels and created a healthy and happy workplace where employees can work with peace of mind and grow together with the Company. | 【Regular】
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Business partners (counter vendors/suppliers) |
| FEDS creates the best partnership and provides high-quality products and services through sustainable supply chain to meet customer needs and enrich the consumer experience. | 【Regular】
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Shareholders (investors) |
| FEDS delivers excellent profitability performance and fulfills our corporate social responsibility to achieve sustainable management. | 【Regular】
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Government |
| FEDS complies with laws and regulations and strengthens corporate governance to ensure stable operations of the Company. | 【Irregular】
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Society (media/community) |
| We communicates and gives back to stakeholders to establish and exert a positive social influence. | 【Irregular】
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