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.
02 Promote risk Management Organization
Promote risk management organization and the implementation of risk assessment, risk management, risk monitoring and risk communication.
03 Shape 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
In 2023, Taipower identified 13 risk events. Each risk event has its own risk scenario and corresponding control measures planned in advance. The effectiveness of control measures and their risk changes are reviewed on a continuous basis to improve the effectiveness of prevention beforehand and response afterward. Through this systematic risk management, Taipower is able to analyze risks and sustainability issues, strengthen risk awareness, master opportunities, and move toward its vision of sustainability.
| Risk Category | Risk Identified |
 Power Supply Operation Risks |
|
 Environment and Climate Change Risks |
|
 Legal Compliance and Issue Risks |
|
 Strategic and Financial Risks |
|