Risk Management
Risk Management Policy and Procedures In pursuit of the corporate sustainable business philosophy and to implement sustainable development, PT Tech establishes the “Risk Management Policy and Procedures” in accordance with relevant regulations set by the regulatory authorities. This serves as the company’s highest guiding principle for risk management.
Scope of Risk Management
PT Tech is committed to actively and cost-effectively integrate and manage all potential risks that may impact the company’s operations and profitability. The company’s risk management primarily includes: strategic risk, operational risk, financial risk, information risk, compliance risk, integrity risk, and other emerging risks (such as climate change or pandemic-related risks).
Risk Management Organizational Structure
The company’s Risk Management Team is under the ESG Promotion Office of the Sustainable Development Committee. It is responsible for executing and promoting risk control in the company’s operations. The team reports the assessment and operational status of risk management to the Sustainable Development Committee, which, in turn, reports regularly to the board of directors.
Risk Management Operations
The company actively cooperates with regulatory authorities to promote and implement the risk management mechanism. The operational status for the year 112 is as follows: an ESG Promotion Office was established within the Sustainable Development Committee, with the Risk Management Team responsible for promoting and executing risk management. The “Risk Management Policy and Procedures” were formulated and submitted for approval to the board of directors on November 8, 112.