Risk Management

Risk Management
Climate-Related Risk
Infectious Diseases Risk
Information Security Risk
Risk Management Policy

In order to improve and stabilize operations and ensure that SYSTEX is able to manage risks and respond in a timely manner to reduce the negative impacts when affected by crises, the Risk Management Committee, which is composed by cross-divisions and upgraded to one unit under the Board at the end of 2022, has formulated “Risk Management Best Practice Principles”, “Risk Management Policies and Procedures”, “Rules of Risk Management”, “Rules of Strategic Investment Management” and “Rules of Supervision and Management of Subsidiaries” to effectively control risks and improve management efficiency.

Risk Management Organization

The Crisis Management Group, as the primary responsible unit for risk management, is fully responsible for the formulation and implementation of risk management strategy and risk management guiding principles, and reports directly to the President. Group members are consisted with a number of functional supreme head including “Financial Div., Business Management Div., Legal Div., HR Div., Data & Info. R&D Div. and BU/BI”. As a result, the Crisis Management Group held 1 meeting in 2021.

Risk Management Organizational Structure
The Crisis Resolution Team

The Crisis Management Group has set up the Crisis Resolution Teams, grouping by crisis events. These teams are immediately activated when a crisis may occur, and are responsible for identifying the main causes of the crisis and dealing with the situation according to the “Rules of Risk Management”.

Crisis Management Procedures
Risk Trends and Material Issues

According to the WEF’s “Global Risk Report 2022”, the major risks closely related to SYSTEX include the risks of “climate action failures, extreme weather, infectious diseases, and especially information security”. Therefore, SYSTEX has formulated management action plans for each risk. For more details on these risks, please click the following links: