Sharing Corporate Governance Practice with Three Consecutive Top 5% Ranking in Corporate Governance Evaluation
FENC received the rating of excellence from Corporate Governance Evaluation for 3 consecutive years since 2019. Finishing among the top 5%, the outcome is a vote of confidence for FENC’s corporate governance. The Company established regulatory compliance system in 2013; risk management system in 2015 and conducts risk ranking project every 3 years. In addition, the Company abides by international standards when it comes to assessing climate-related risks. These measures ensure sound governance and minimize operational risks at FENC.
During an interview with CSR@CW, an online platform from CommonWealth Magazine in May 2020, Humphery Cheng, President of Administrative Headquarters, talked about the two core strengths for FENC’s success in corporate governance – risk control and transparency; preemptive preparation. The two strengths enable FENC to respond with agility and exercise corporate influence to maintain sustainable growth and competitiveness.
On June 17th, 2020, a Japanese firm was invited to CSO Salon held by Center for Corporate Sustainability to share field experience in corporate governance. Due to the COVID-19 pandemic, this event was held in the virtual format, and nearly 50 management staff in charge of sustainable development joined the online conference.