Board
The Board of Directors is our highest organization, which consists of 11 Directors, including 3 Independent Directors. The Directors of OUCC all exercise their powers in accordance with the company law and the regulations. We have established the "Corporate Governance Principles," which is approved by the Board of Directors, and continue to strengthen all aspects and mechanisms of corporate governance and lay a solid foundation of OUCC's sustainable management.
Remuneration Link to ESG Indicators
OUCC has a Remuneration Committee tasked with assisting the Board of Directors in formulating remuneration-related policies, systems, and reviewing the performance assessment of Directors and Managers. The Committee is chaired by an Independent Director and held a total of two meetings in 2023, with 83% attendance rate of committee members.
The process for determining Director remuneration follows the "Board Performance Evaluation Rules for Oriental Union Chemical Corporation." It assesses operation performance, future business risks of the industry, management performance, and strategic goals of sustainable operation. It also considers individual performance achievement rates and contributions to the company's performance to provide reasonable compensation. The performance evaluation and reasonableness of remuneration are reviewed by the Committee and the Board of Directors. The remuneration system is periodically reviewed based on actual operating conditions and relevant laws and regulations to achieve a balance between sustainable operations and risk management.
ESG Promotion Committee Organizational Structure
Stakeholders Contactors
- Mr. Chen/Ms. Chang
- E-mail： ESG@oucc.com.tw
SHE Contactors
- Mr. Yeh/Mr. Wu
- E-mail： she@oucc.com.tw