Risk Management-Corporate Governance-Taipower Sustainability Section - Taiwan Power Company

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Risk Management Policy

 

Taipower has formulated 4 core risk management policies to guide the Company's approach to organizational risk control, as follows:Risk Management Policy

Risk Management Policies

01Reduce Operational Risks

Provide adequate resources to establish, maintain, and continuously improve the effectiveness of the risk management system, in order to reduce operational risks.

02 Promote risk Management Organization

Establish a dedicated risk management structure to conduct ongoing risk assessment, response, monitoring, and communication.

03 Shape a Riskmanaging Culture

Ensure that employees are equipped with the necessary skills to manage risk, foster a supportive work environment and cultivate a risk-aware organizational culture.

04Strengthen Communication

Enhance communication with employees and stakeholders to raise awareness of risk management and ensure full implementation of the policy.

Risk Management Process


Risk Management Process

Risk Incidents and Countermeasures

 

In 2024, Taipower identified 13 risk events. For each identified risk, the Company defined scenario-based control measures and began conducting rolling reviews to evaluate performance and track changes. This strengthens both proactive prevention and reactive response capabilities. Through systematic risk management, Taipower analyzes interconnections between risks and sustainability issues, enhances organizational risk awareness, identifies emerging opportunities, and advances toward its long-term sustainability goals.

 
Risk Category Risks Identified by Taipower
Power Supply Operation Risks Power Supply Operation Risks
  • Compromised safety or resilience of critical power infrastructure
  • Short-term imbalance between supply and demand
  • Delays in major medium- and long-term power generation projects
  • Delays in major medium- and long-term transmission and substation projects
Environment and Climate Change Risks Environmental & Climate Risks
  • Environmental pollution impacts
  • Underperformance in achieving net-zero emission targets
Legal Compliance and Issue Risks Legal and Regulatory Issues
  • Major occupational safety and health incidents
  • Widespread negative media coverage
  • Breach of critical compliance requirements
  • Labor disputes and employee protests
Strategic and Financial Risks Strategic and Financial Risks
  • Expanding operating losses
  • Insufficient development of core technical capabilities
  • Information and cybersecurity failures
 
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