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Risk Management Areas and Operation Mechanism

Enterprise Risk Management Areas 

The Enterprise Risk Management Committee consolidates risks in the areas of strategy, operation, finance and hazard.

 

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Enterprise Risk Management Operation Mechanism

For above areas, evaluates the possibility and severity of their occurrence, defines the priority order and risk level of the risk items, and determines response actions. The committee periodically reviews possibility and severity of risks for changes over time to grasp the effectiveness of risk management plans and related control operations.

 

 

 

 

Key Risks Identification and Countermeasures

UMC targets strategic, operational, financial and hazard risk areas, identifies key risks and formulates countermeasures, including environment, social, corporate governance and emerging global risks related to the company's operations. For detailed response measures, please refer to "CSR Report 2-4 Risk and Crisis Management".

 

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