Risk Management

In the face of changing circumstances, in order to control and reduce the risk of operation and to create a resilient organization, CTCI has established a complete enterprise risk management (ERM) mechanism and promoted key behavior indicators under the Company’s core values to form a corporate risk culture.
▼ Risk Management Mechanism

Organizational Framework for Risk Management

Risk Management Process

To reduce operational impact caused by internal and external uncertainties, CTCI implements a comprehensive risk management procedure to help it identify risks systematically, assess risks, and respond to risks (or opportunities) that may pose to the Company, which helps us to avoid or mitigate the impact on operations.

Risk Management Training

In order to strengthen staff 's risk awareness, we select some employees to attend trainings and learn to apply risk management in various professional fields. Courses include on-site safety and environmental awareness training, and highrisk operations (such as hot work, electric shock, confined space, height work, hanging operations, etc.). Employees are encouraged to share their experiences in crisis management, which is a way of raising their risk awareness. In addition to internal experience sharing and case study sessions, CTCI employees also aggressively participate in external seminars to learn new information, share experiences with others, with a hope to stimulate creative and an in-depth risk management thinking.
▼ Risk management training

Emergency response

To reduce the Company's operational risks, we have formulated an "Emergency Response Management Procedure"covering the headquarters and construction sites for specific major risk events such as fires, natural disasters, environmental impact events, air conditioning anomalies, water cuts, power outages, earthquakes, typhoons, floods, fires, protests, or riots. Crisis drills allow our colleagues become familiar with the contingency measures and reduce the impact in the shortest time in the event of a disaster. In the first headquarters building, we conducted the safety training and fire drill for the fire self-defense team members in April 2021 and the annual evacuation drill in November of the same year.

COVID-19 pandemic prevention responses

In cooperation with relevant departments at the headquarters, CTCI's pandemic prevention center has compiled pandemic prevention information, actively tracked, verified, evaluated, and notified, and formulated various regulations to supervise the implementation at workplaces across the Group, and regularly convened CTCI global pandemic prevention video conference to issue pandemic prevention reports, so as to accurately grasp the situation in all outlets of CTCI Group and immediately develop countermeasures.
▼ Pandemic prevention measures

Safety Culture

"In addition to holding a series of activities for the CTCI group in 2021, various activities are held to strengthen the safety, HSE awareness of all employees, and so that colleagues can learn about the practices that meet corporate culture standards. Managers at all levels are also required to visit construction sites frequently and talk about the importance of safety. Through visible leadership, safety culture can be promoted. From management level to employees on the front line at construction sites, HSE awareness is enhanced. By rewarding projects and personnel with excellent HSE performance, colleagues are encouraged to take responsibility in HSE management to ensure a safe working environment in their daily operations."
▼ Safety Series Activities held by CTCI Group in 2021