Risk Management
To respond to the rapidly changing business environment and ensure the company’s stable operations and sustainable development, Jentech has established risk management policies and procedures. These are designed to assess and monitor risk tolerance, evaluate current risk exposure, determine risk response strategies, and ensure compliance with risk management procedures.
In terms of organizational structure, the Board of Directors serves as the highest authority for risk management, with the objective of ensuring legal compliance and implementing comprehensive corporate risk management. The Board clearly identifies operational risks, ensures the effectiveness of risk management, and holds ultimate responsibility for managing risks. Under the Board, the Sustainability Development Committee oversees risk management execution, supported by the Environmental Sustainability Working Group, which is the designated unit responsible for implementing risk management and reporting risk management outcomes to the Board on a regular basis.
The Sustainability Development Committee convenes once a year to assess the impact of identified risks on company operations and strategic management through the following risk management processes. For quantifiable risks, rigorous statistical analyses and technical methods are applied, with a progressive approach to managing and monitoring these risks. For hard-to-quantify risks, qualitative methods are used, expressing the likelihood and potential impact of risks through descriptive narratives.
