Sustainable Corporate Operation
Business Continuity Management
Businesses have to deal with more and more changeable operating environments. Natural disasters, climate change, regional conflicts, supply chain maintenance, and trade barriers, among others, can all impact operations significantly if any segment goes wrong. In light of the fact that the sustainable value of a business relies on a persistent and effective management model, PTI constantly strengthens its corporate governance performance and response capability and the ability to recover in order to deal with potential threats that can possibly be encountered. PTI introduced the Business Continuity Management (BCM) ISO 22301 system. The General Manager serves as the BCM chairman and assigns heads of respective units to take part. The system covers operational impact analysis, risk identification, stipulation of business continuity strategies, plans, and implementation and rehearsals, among other PDCA cycles to continuously enhance the capability of PTI to handle risks and to maintain competitive advantages, ensuring persistent operations and good will of the Company.
Risk Monitoring, Control and Management Mechanism
PTI has been following rigid risk management to ensure that the Company functions normally and takes the existence of risks seriously. "Risk Management Committee" is established under the Board of Directors to perform risk monitoring and report to the Board of Directors every year. We reinforce risk management and turns risk into opportunity with a positive attitude by periodically monitoring, controlling, and identifying risks, evaluating impacts, and stipulating response policies in order to reduce risk.
According to material topics and BCM, the six risks of environmental, social and corporate governance issues related to company operations were identified for 2022 include the following: "Interrupted Utilities," "Environment and Climate Change," "Personnel Health," "Regional Conflict," "Regulatory Change," and "Supply Chain Management." There are specialists to take responsibility for the management and responsive steps for the crisis and establish a business continuity protection network covering pre-warning, response, risk management, business continuity plan, and recovery action, working to create sustainable value for the stakeholders.
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