Sustainability

Business Principles

 

 

For eight consecutive years, Chunghwa Telecom (CHT) was ranked A++ by the Securities and Futures Institute for information transparency and fair disclosure among all listed companies. CHT’s common shares are traded on the Taiwan Stock Exchange under the symbol [2412] and CHT’s ADRs are traded on the New York Stock Exchange under the symbol CHT.  As such, CHT must abide both the domestic Taiwan and the foreign regulations governing information transparency and fair disclosure, which include the spokesperson system, material information disclosure as required in a timely manner, as well as accurate and comprehensive information publication on CHT’s corporate website. All information of interest to the investment community is made publicly available simultaneously in Taiwan and overseas to offer investors comprehensive and real-time financial and business information of the Company.

 Abiding by the Code of Conduct

The “Chunghwa Telecom Corporate Code of Ethics" defines the responsibilities CHT has in conducting business. The Code of Ethics clearly outlines the ethical standards and responsibilities required of directors, supervisors, executive officers and all employees while engaging in business practices. The Code of Ethics applies to individual employees and groups and the entire corporation when dealing with the public and other stakeholders. Similar to other large global entities, CHT is committed to aligning its strategies and operations with the ten universally accepted principles contained within the "UN Global Compact", that is, CHT is against any form of corruption and bribery. In addition, any donation to political parties or social welfare organization is governed by clearly defined Code of Conduct. And in 2015, we don’t have any occurrence on political contribution.

CHT has also put in place a channel for confidential lodgment of complaints or reporting of major financial, auditing and management issues. CHT requires its employees to strictly abide the Code of Ethics and shall never, in any circumstance, compromise in achieving a specific purpose. The goal is to ensure compliance of CHT business practices with legal requirements and social ethical standards to prevent any misconduct.  The Code of Ethics is now a part of CHT corporate training programs for new employees. In addition, almost all employees are required to take the Code of Ethics exams on annual basis.

Ethical Evaluation of Employee Behavior

The Chunghwa Telecom Code of Business Conduct and Code of Conduct are both published on our external and internal websites and all our employees are required to take the “Chunghwa Telecom Code of Business Conduct and Code of Conduct Test” each year. By doing so to maintain their professionalism and integrity, which optimize corporate governance and risk control, which establish honestly principled corporate culture. Additionally, the Chunghwa Telecom Employee Review Guidelines and Chunghwa Telecom Reward and Discipline Standard are published to evaluate employees, who are also confirmed to thoroughly understand and followed. Employees are rewarded or disciplined if their behavior is judged as to encourage or violate of the Guidelines.

In 2015, there was 2 violations against confidentiality regulations, and 8 misconducts or violations against company regulations. We not only clearly enforce disciplinary actions but we also continue to enhance relevant educational promotions.

Please refer to CHT    Corporate Code of EthicsCompliance Policy and Other Business Principles

 

For eight consecutive years, Chunghwa Telecom (CHT) was ranked A++ by the Securities and Futures Institute for information transparency and fair disclosure among all listed companies. CHT’s common shares are traded on the Taiwan Stock Exchange under the symbol [2412] and CHT’s ADRs are traded on the New York Stock Exchange under the symbol CHT.  As such, CHT must abide both the domestic Taiwan and the foreign regulations governing information transparency and fair disclosure, which include the spokesperson system, material information disclosure as required in a timely manner, as well as accurate and comprehensive information publication on CHT’s corporate website. All information of interest to the investment community is made publicly available simultaneously in Taiwan and overseas to offer investors comprehensive and real-time financial and business information of the Company.

 Abiding by the Code of Conduct

The “Chunghwa Telecom Corporate Code of Ethics" defines the responsibilities CHT has in conducting business. The Code of Ethics clearly outlines the ethical standards and responsibilities required of directors, supervisors, executive officers and all employees while engaging in business practices. The Code of Ethics applies to individual employees and groups and the entire corporation when dealing with the public and other stakeholders. Similar to other large global entities, CHT is committed to aligning its strategies and operations with the ten universally accepted principles contained within the "UN Global Compact", that is, CHT is against any form of corruption and bribery. In addition, any donation to political parties or social welfare organization is governed by clearly defined Code of Conduct. And in 2015, we don’t have any occurrence on political contribution.

CHT has also put in place a channel for confidential lodgment of complaints or reporting of major financial, auditing and management issues. CHT requires its employees to strictly abide the Code of Ethics and shall never, in any circumstance, compromise in achieving a specific purpose. The goal is to ensure compliance of CHT business practices with legal requirements and social ethical standards to prevent any misconduct.  The Code of Ethics is now a part of CHT corporate training programs for new employees. In addition, almost all employees are required to take the Code of Ethics exams on annual basis.

Ethical Evaluation of Employee Behavior

The Chunghwa Telecom Code of Business Conduct and Code of Conduct are both published on our external and internal websites and all our employees are required to take the “Chunghwa Telecom Code of Business Conduct and Code of Conduct Test” each year. By doing so to maintain their professionalism and integrity, which optimize corporate governance and risk control, which establish honestly principled corporate culture. Additionally, the Chunghwa Telecom Employee Review Guidelines and Chunghwa Telecom Reward and Discipline Standard are published to evaluate employees, who are also confirmed to thoroughly understand and followed. Employees are rewarded or disciplined if their behavior is judged as to encourage or violate of the Guidelines.

In 2015, there was 2 violations against confidentiality regulations, and 8 misconducts or violations against company regulations. We not only clearly enforce disciplinary actions but we also continue to enhance relevant educational promotions.

Please refer to CHT    Corporate Code of EthicsCompliance Policy and Other Business Principles