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Risk Management

Risk Management

The risk management committee is set up for applying the capacities for the first, middle and last risk stages as follows: the judgment before risks occur, adaptability when risks occur and the capacity to prevent and lower the risks from happening again.
With international work specialization getting intense, and the environmental impacts brought by climate change, companies are facing more kinds of potential risks during operations. In this regard, through identification, assessment, management, and monitoring, company losses incurred by risks can be reduced.
AcBel has formulated "Risk Management Procedures" and established Business Continuity Planning (BCP) in order to control and manage risks in advance and conduct hazard identification analysis. Regular meetings would be held at least once a year to examine the economic, environmental, and social impacts of AcBel's business practices. The main purpose is to reduce the company's operational risks while increasing business opportunities. Results of the risk assessment are included into the board of directors' strategic reports to help achieve the company's risk management goals.