Risk Management

Risk Assessment

Wafer Works is committed to sustainable business practices, environmental and energy resources protection, and ensuring employee safety and health. Through a structured risk assessment process, we identify, evaluate, and respond to risks in economic, legal, operational, environmental, safety, health, and cybersecurity areas. We adhere to risk management procedures outlined in management systems such as ISO 9001:2015、IATF 16949:2016 、ISO 50001:2018、ISO 14001:2015、ISO 14064-1:2006、ISO 14064-1:2018、ISO 45001:2018、ISO 59004:2024、ISO/IEC 27001:2022. These procedures enable us to thoroughly assess potential emergencies, natural disasters, environmental impacts, and occupational risks, and to implement comprehensive response plans and processes. The risk assessment outcomes for 2023 were reported to the Board of Directors quarterly in 2024. Each department within Wafer Works conducts risk assessments and formulates management strategies relevant to their respective responsibilities, as detailed below:

 

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Wafer Works Risk Management Strategy

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Business Continuity Management (BCM)

Wafer Works Corporation continues to promote Business Continuity Management (BCM). Based on risk assessment outcomes, the Company focuses on high-risk events such as extreme weather, fires, earthquakes, and information security threats. On April 3, 2024, a magnitude-5 earthquake in Taiwan caused an operational interruption. The Company immediately activated its BCP (Business Continuity Plan) emergency response team to

implement its earthquake response plan. BCM execution was tested, and operations were restored within 12 hours, with no significant impact. Following an incident in the industry where operations were disrupted by a malicious cyberattack, the Company reviewed and updated its virus attack response BCP to enhance its information security BCM preparedness.