Risk Management Policies
Taipower has established four risk management policies as guidelines for organizational risk management. They are as follows:
01Reduce Operational Risks
Provide the necessary resources to establish, maintain and continually improve the effectiveness of the risk management system in order to reduce operational risks.
02Promote risk Management Organization
Promote risk management organization and the implementation of risk assessment, risk management, risk monitoring and risk communication.
03Shape a Riskmanaging Culture
Ensure that employees have the ability to perform risk management, create a supportive work environment, and shape a riskmanaging culture.
04Strengthen Communication
Strengthen communication between staff and stakeholders, raise staff awareness of risk management and thoroughly implement related policies.
Risk Management Process
Risk Incidents and Countermeasures
Taipower identified 14 potential risk incidents in 2021, and planned corresponding control measures for each risk incident based on predetermined risk conditions. Taipower also conducted continuous reviews of the effectiveness of its control measures and the changes in risks to increase the effectiveness of both prevention before incidents and of response after incidents. Taipower analyzed risks and sustainability issues through systematic risk management to enhance risk awareness, capitalized on opportunities, and achieved its vision of sustainable management.
| Risk Category | Risk Identified |
 Strategic and Financial Risks |
|
 Legal Compliance and Issue Risks |
|
 Operational Risks |
|
 Environment and Climate Change Risks |
|