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Article 3-2
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In promoting sustainable development initiatives, a securities firm shall give due consideration to the rights and interests of stakeholders and, while pursuing sustainable operations and profits, also emphasize factors such as the environment, society and corporate governance, etc. and incorporate such factors in its corporate management guidelines and business operations.
A securities firm shall, in accordance with applicable laws and regulations, conduct based on the materiality principle risk assessments of environmental, social and corporate governance issues pertaining to company operations and establish accordingly the risk management policies and procedures.
A securities firm shall, in accordance with the applicable laws and regulations, have its board of directors authorize executive-level positions to handle economic, environmental, and social issues resulting from the business operations, and to report the status of handling to the board of directors. The handling procedures and the relevant responsible personnel shall be concrete and clear.
A securities firm shall take into consideration the correlation between the development of domestic and foreign sustainable development issues and corporate core business, and the effect of the operation of individual companies and their respective business groups as a whole on stakeholders, and, in accordance with the applicable laws and regulations, establish policies, systems, or relevant management guidelines and concrete promotion plans for sustainable development, which shall be approved by the board of directors and then reported to the shareholders’ meeting. If a shareholder proposes a motion involving sustainable development, the company's board of directors is advised to consider including it in the shareholders meeting agenda.
It is advisable that the sustainable development policies under the preceding paragraph be formulated respectively for the short, mid, and long term, and annual goals be set and a tracking and evaluation mechanism be established for continuous review and revision.
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