Climate Governance Structure

Climate Governance Structure

To strengthen climate governance, Wistron has named the Board of Directors as the highest supervising unit for climate issues. The Board is responsible for coordinating the overall climate strategy and supervising senior managers in the implementation of climate related risk management and key performance indicators. As a functional committee that reports directly tob the Board of Directors, the Audit Committee consists of a risk management team with the CFO acting as the convener. The members consists of supervisors and representatives of each department and business unit. Each year, the risk management team formulates response and adjustment strategies through the comprehensive evaluation and analysis of various risks related to climate. It produces and submits an Enterprise Risk Management (ERM) report to the Audit Committee, ensuring that senior executives have insight into climate issues so that related risks can be handled with prudence.

The Risk Management Team under the Audit Committee regularly reviews the Company's risk assessments and countermeasures in various aspects such as environment, social, and corporate governance. Such reviews cover progress in addressing climate change and biodiversity; identification and formulation of response strategies targeting emerging risks; and more. The Committee reports to the Board of Directors at least twice each year. To roll out sustainability strategies, the Sustainability Office under the ESG Committee reports monthly to the President & CEO on the progress of sustainable strategies and projects, including climate actions. It also reports at least once a quarter to the ESG Committee and the Board of Directors on current progress and future plans of corporate sustainability, including issues relating to climate change.