
Risk management policy and procedure
EDT has formulated the “Risk Management Policies and Procedures” and approved by the Board of Directors. This expects to conduct risk management against uncertain factors that may threaten the enterprise’s business operations, and is jointly implemented by the Board of Directors, Audit Office, Risk Management Committee, President, all risk management departments, all units, and subsidiaries.
We implement a risk assessment every year with the heads of each risk management department to oversee analyzing and monitoring the risks faced by their business jurisdictions. Each risk management unit or Audit Office shall formulate the necessary management procedures to manage and control each risk, and regularly issue risk management related reports to the Risk Management Committee. Each risk management unit should pay attention to changes in the internal and external operating environment at any time, and in case of major risk events, it should propose countermeasures to the Risk Management Committee for review and report to the Board of Directors. (Download the “Risk Management Policies and Procedures“–only in Traditional Chinese)
The scope of risk management
As an attempt to review business and operating characteristics, EDT has now included a total of 12 risk categories under management. They are interest rate change risk, exchange rate change risk, climate change and environmental risk, occupational safety risk, raw material price and supply chain risk, information security risk, strategy and operation risk, investment risk, legal risk, technology risk, management risk, and corporate image risk.
The organization structure of risk management

- Board of Directors: Approving the overall risk management policy and major decisions, and be the highest decision-making unit for EDT to establish an effective risk management mechanism. It also assumes the ultimate responsibility for EDT’s overall risk management.
- Audit Office: Reporting directly to the Board of Directors. It is responsible for internal control and internal audit, formulates an annual audit plan based on the results of risk assessment every year, provides recommendations for improvement in a timely manner, and submits reports to the Board of Directors and the Audit Committee.
- Risk Management Committee: Reporting directly to the Board of Directors. It is composed of all independent directors, responsible for reviewing the management policies and countermeasures for various risks, and reporting to the Board of Directors on the implementation of risk management at least once a year. The functions and operations of the Risk Management Committee are set out in the “Risk Management Committee Charter”.
- President: Responsible for integrating and supervising the implementation and coordination of overall risk management.
- Each risk management unit: The head of each risk management unit is responsible for risk management. They should analyze and monitor the risks faced by their business jurisdictions, and ensure that risk management mechanisms and procedures are effectively implemented.