Risk and Crisis Management Overview

Why is this Important?

Electricity generation businesses face challenges, such as natural disasters, cybersecurity risks from digital transformation, ESG regulations, as well as crisis situations. Inadequate risk management could lead to disruptions in power generation and new projects, negatively impacting the company's performance and the confidence of stakeholders.

To address these challenges, EGCO Group implements a systematic risk management approach and ensures business continuity through comprehensive proactive planning. All risks are thoroughly analyzed, assessed, and response plans are developed to enhance the organization's resilience.

Sustainability Material Topic: Risk and Crisis Management
Stakeholder Impact on Materiality Topics

Employees

Government Agencies

Contractors/Subcontractors

Customer

Creditors

Investors

Management Approach

Risk Governance

EGCO Group has designed a risk management system and internal control to be appropriately independent of each other.

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Risk Management Strategy

EGCO Group has reviewed the risk management policy and approaches to ensure the integration of all risks along with enterprise-wide risk management (ERM), as well as maintaining a balance between risk levels and remunerations.

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Risk Culture

EGCO Group realizes that cultivating a corporate risk culture is a crucial factor for the success of organizational risk management. The company encourages all employees to be aware of risks and understand that it is everyone’s responsibility.

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Related Documents

Policies, Requirements and Performance

Updated as of April 2025

The information reported above was prepared in accordance with the Global Reporting Initiative Standards (GRI Standards). It has been audited by an external party and has received limited assurance through the 2024 Annual Report.