Sustainable Risk Control
FENC inspects all production sites regularly to mitigate risks and enhance operational structure.
FENC's worldwide production sites are located in Taiwan, China, Vietnam, Japan, Malaysia and the U.S. Plant safety is one of the essential factors for corporate growth. To strengthen work safety at these production sites, the Company regularly commissions external experts to visit domestic and overseas locations to conduct risk assessments. Improvements are made based on the results to bolster operational strength against risks.
In 2019, the Company commissioned external agency to conduct Risk Ranking Project for 21 plants at its global locations for the third time, assessing 44 international risk indicators in 3 major areas – software, hardware and emergency response. To implement sound risk alert system and track risk control performance, the Company makes improvements based on the results and addressed deficiencies based on expert advice. Each month, the Company conducts follow-ups and reports improvement progress. As of the end of 2020, improvements have been completed to resolve the 129 risk factors identified during the third risk ranking along with 183 from the first and second risk ranking. In the future, FENC will continue to review maintenance and repair to ensure the safety of corporate assets and staff.