Stakeholder

Risk Management

In response to global political, economic, and climate change risks, and to implement corporate governance and sustainable operations, FITI follows the "Corporate Risk Management Best Practice Principles for TWSE/TPEx Listed Companies." Risk management is integrated into operational management processes by identifying and analyzing internal and external issues and the business environment to assess risks and opportunities that may impact operations. Necessary control measures are implemented, and monitoring and reviews are conducted to ensure the stability and competitiveness of internal operations and management systems.

FITI adopts a four-step approach to risk management. In the risk identification phase, department heads identify potential risks based on internal operational plans and performance control procedures, considering the needs and expectations of stakeholders. Preventive measures are developed through regular operational planning meetings and internal departmental discussions. If risks have already materialized, the responsible department not only addresses them through the established preventive measures but also reviews the effectiveness of those measures and proposes improvements for continuous enhancement. Finally, the members of the Sustainability Committee oversee the overall effectiveness of the risk management process.