To better understand which environmental, social, and economic topics are material to Cree, we engage with our internal and external stakeholders.
Our internal stakeholders involved in our materiality assessment included employees of different departments within Cree. For our external stakeholder analysis, Cree reached out to suppliers, distributers, contract manufacturers, customers, investors, and trade associations. Other Cree stakeholders who were not involved in the materiality assessment include insurers, competitors, government agencies, community members, and dependents/family of Cree employees.
For stakeholder groups that Cree did not reach out to or if Cree did not receive responses from a stakeholder group during the materiality assessment, Cree referred to the Sustainability Accounting Standards Board’s (SASB) standard for the semiconductor industry to ensure that our material topics chosen during our assessment are consistent with the semiconductor industry.
The results of the materiality assessment help us to better prioritize our areas of focus. The material topics shown in the top right-hand corner of the materiality matrix are reported on in greater detail per the Global Reporting Initiative (GRI) Standards.
Download our report here: