LG Electronics incorporates key stakeholder suggestions into our business operations, follows up on the progress, and communicates the information through the corporate website and sustainability reports. In an effort to broaden the scope of stakeholder engagement, we have expanded Stakeholder Consultation to overseas locations, hosting the event in the U.S. and China. As part of our commitment towards stakeholder engagement, we will continue to develop Stakeholder Consultation as the central component of our stakeholder communication.
As part of our effort for an inclusive and accurate representation of stakeholder interests, we are opening up the program to a broader range of stakeholder groups. For instance, we invited consumers to the 8th session and hosted an open discussion on cause-based or socially motivated products and initiatives. In the 11th session, members of social economy businesses and collegiate social economy clubs were invited and participated as the audience. Our ongoing effort that went into making the program more relevant and effective has been received favorably by stakeholders, creating a consensus that Stakeholder Consultation has become a reliable and transparent communication program unique to LG Electronics.