Stakeholder Engagement

At Xstreco, we recognize the importance of engaging with our stakeholders in a proactive, transparent and constructive manner. Our stakeholders include employees, shareholders, customers, suppliers, governments, regulators and the communities in which we operate. By actively engaging with these groups, we can better understand their perspectives, address their concerns, and foster collaborative relationships that contribute to our long-term success.

Our approach to stakeholder engagement includes the following key elements:

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Open Communication:

We believe in maintaining open lines of communication with all of our stakeholders and providing them with accurate and timely information about our operations, performance and future plans. This helps build trust and credibility and ensures that our stakeholders have the information they need to make informed decisions about our company.

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Active Listening:

We actively seek feedback and input from our stakeholders through a variety of channels, including surveys, interviews, meetings and community forums. By listening to their concerns and suggestions, we can identify areas for improvement and address any issues that may arise.

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Collaboration:

We are committed to working with our stakeholders to find mutually beneficial solutions to the challenges and opportunities we face. We enter into partnerships, joint ventures and other cooperative arrangements to achieve common goals and create value for all parties.

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Responsiveness:

We are committed to being responsive to the concerns and needs of our stakeholders and to taking prompt and appropriate action to address any issues that may arise. This includes providing timely and accurate responses to inquiries, taking corrective action when necessary, and following up to ensure that our actions were effective in resolving the issue.

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Continuous Improvement:

We view stakeholder engagement as an ongoing process that requires continuous improvement. We regularly evaluate the effectiveness of our engagement efforts and look for ways to improve our approach to ensure that we remain responsive to the changing needs and expectations of our stakeholders.

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Inclusiveness:

We aim to be inclusive in our stakeholder engagement efforts, ensuring that all relevant groups have the opportunity to participate in the process. This includes engaging with marginalized or vulnerable communities and considering their unique perspectives and concerns.