Ethical Corporate Management Status
Implementation of Ethical Corporate Management and Deviations from the “Ethical Corporate Management Best-Practice Principles for TWSE/TPEx Listed Companies” and Reasons:
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Evaluation Item
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Implementation Status
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Deviations and Reasons
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Y
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N
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Description of Summary
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| 1. Formulate integrity management policies and programs | ||||
| (1) Did the company establish an ethical corporate management policy that was approved by the Board of Directors, and declare its ethical corporate management policy and methods in its regulations and external documents, as well as the commitment of its Board and management to implementing the management policies? |
V
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(1) The “Procedures for Ethical Management and Guidelines for Conduct” has been approved by the Board of Directors and disclosed on the Company’s official website for Board members, senior management, and employees to follow. |
None
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(2) Does the company establish mechanisms for assessing the risk of unethical conduct, periodically analyze and assess operating activities within the scope of business with a relatively high risk of unethical conduct, and formulate an unethical conduct prevention plan on this basis, which at least includes preventive measures for conduct specified in Article 7, Paragraph 2 of the Ethical Corporate Management Best- Practice Principles for TWSE/TPEx Listed Companies?
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V
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(2) The Company has established “Procedures for Ethical Management and Guidelines for Conduct”, which stipulate the relevant regulations, and regularly analyzes and evaluates the business activities with a higher risk of dishonest behavior within the scope of business and prevents them, donations to various types of contributions are strictly reviewed. |
None
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| (3) Did the company specify operating procedures, guidelines for conduct, punishments for violation, rules of appeal in the unethical conduct prevention plan, and does it implement and periodically review and revise the plan? |
V
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(3) The Company has established “Procedures for Ethical Management and Guidelines for Conduct”, with the relevant rules and regulations, and has set up a complaint channel under them. It implements them and reviews them regularly. |
None
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| 2. Fulfill operations integrity policy | ||||
| (1) Does the company evaluate business partners’ ethical records and include ethics-related clauses in business contracts? |
V
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(1) The Legal Department reviews the terms and conditions of the contracts signed by the Company for external business activities to avoid transactions with those who have a record of dishonest behavior. |
None
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| (2) Did the Company establish a dedicated unit under the Board of Directors to promote ethical corporate management, and periodically (at least once a year) report to the Board of Directors and supervise the implementation of the ethical corporate management policy and unethical conduct prevention plan? |
V
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(2) The Company’s General Manager’s Office is responsible for establishing and monitoring the implementation of the “Procedures for Ethical Management and Guidelines for Conduct” and the dishonest conduct program, and reports to the Board of Directors at least once a year on the status of implementation. In addition, we arrange courses on ethical management in executive meetings, departmental meetings, new employee training, and general meetings, and implement ethical management practices in our daily operations in addition to promoting them. Annual management training courses (including the company’s Procedures for Ethical Management and Guidelines for Conduct, such as procurement, payment and collection issues…etc.) are scheduled for senior executives. Senior executives: 7/30 (Tue) 13:00-14:00, number of participants: 15 Department Heads: 8/15 (Thu) 10:30-11:30, number of participants: 23. |
None
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| (3) Does the Company establish policies to prevent conflicts of interest and provide appropriate communication channels, and implement it? |
V
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(3) Based on the principle of conflict of interest, all persons with a conflict of interest are required to recuse themselves or leave the meeting and not participate in the discussion and voting; the Company also provides appropriate channels for presentation and implementation of the conflict of interest avoidance policy. |
None
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| (4) Does the company have an effective accounting system and internal control systems set up to facilitate ethical corporate management, does the internal auditing unit formulate audit plans based on unethical conduct risk assessment results, and does it audit compliance with the unethical conduct prevention plan or commission a CPA to perform the audit? |
V
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(4) To ensure the implementation of integrity management, the Company has established an effective accounting system and internal control system, and the internal auditors have prepared a relevant audit plan to regularly check compliance. |
None
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| (5) Does the company regularly hold an internal and external educational training on operational integrity? |
V
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(5) The company regularly organizes various educational training and incorporates the spirit of “Procedures for Ethical Management and Guidelines for Conduct ” into the courses. |
None
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| 3. Operation of whistleblowing system | ||||
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(1) Does the company establish both a reward/ punishment system and an integrity hotline? Can the accused be reached by an appropriate person for a follow-up?
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V
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(1) If an officer of the Consolidated Company suspects or discovers a violation, he or she should take the initiative to tip-off it to the Managerial Officers, the Internal Audit Supervisor, or other appropriate personnel. |
None
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(2) Does the company establish both a reward/ punishment system and an integrity hotline? Can the accused be reached by an appropriate person for a follow-up?
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V
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(2) The Company has a complaint channel and also requires the relevant staff to strictly observe the confidentiality norms. |
None
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(3) Does the company provide proper whistleblower protection?
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V
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(3) The identity of the whistleblower and his/her contents will be kept confidential and will not be subjected to improper disposal measures as a result of the whistleblowing. |
None
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| 4. Strengthening information disclosure | ||||
| Does the Company disclose its ethical corporate management policies and the results of its implementation on the company’s website and MOPS? |
V
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The company has set up “Procedures for Ethical Management and Guidelines for Conduct” and disclosed it on the company website.
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None
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| 5. If the Company has established the ethical corporate management policies based on the Ethical Corporate Management Best-Practice Principles for TWSE/TPEx Listed Companies, please describe any discrepancy between the policies and their implementation: The Company has established Ethical Corporate Management Best-Practice Principles, and there is no difference between the operating conditions and the company’s principles. | ||||
| 6. Other important information helpful for understanding ethical corporate management: (e.g.: review and amendment of the ethical corporate management principles, etc.): None | ||||