Risk Management
Enterprise Risk Management (ERM) Initiatives
COSEL has formulated its ERM Regulations and established the Risk Management and Compliance (RC) Committee as the body responsible for overseeing risk management. The Committee comprehensively identifies risks that may affect company business and assesses those risks in terms of the likelihood of occurrence and the degree of impact. Based on the assessment results, the selected top-priority risks and priority risks are finalized after approval by the Board of Directors. COSEL then works to reduce those potential risks and enhance corporate value by implementing countermeasures through policy management activities and by continuously monitoring progress.
＜ Overall ERM Structure ＞
