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Risk Management Policy and Organization

Sustainable development is UMC’s highest priority, and robust risk management and appropriate crisis management are the major cornerstones to ensure sustainable operation. In order to reduce the negative impact and loss caused by major risk events, protect the rights and interests of stakeholders and maintain the company's image, UMC actively performs enterprise risk management, pre-crisis prevention and practice drills to facilitate timely and appropriate response capabilities for any possible crisis.

 

 

Enterprise Risk Management Policies

Through risk management methods and organizations, UMC effectively prevents and controls enterprise risks, comprehensively implements them in daily operations, shapes and deepens risk culture, and establishes transparent and smooth risk communication to maintain steady operations.

 

umc_csr_risk_policies_en.jpg (125 KB)
 

 

 

Enterprise Risk Management Organization

Under the guidance of the enterprise risk management policy, the Enterprise Risk Management Committee coordinates relevant departments of the company to jointly review the internal and external risks that the company faces, facilitates risk response measures for company-wide major risks, and reports to the board of directors every year. It also incorporates internal auditing and control functions to ensure that the risks associated with operations have been effectively controlled.

 

 
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