The Company is also well aware of the potential impacts of human rights due to being quite a sensitive issue and can be linked to other issues that can affect the Company’s business operations. The Company, therefore, has emphasized on respecting the human rights of its stakeholders in all activities of its core business throughout its value chain and has established the business operation guidelines to be consistent to the international human rights principles. The Company is well aware that the human dignity and value must be protected so the Company has always adhered to human rights in its business operations.
The Company is operating large-scale industrial cities that involve a huge number of stakeholders. Ineffective human rights risk assessment process throughout its value chain, the Company could be implicated in the human rights violations, and thereby directly affect its image and investor trust both domestically and internationally.
Effective human rights risk assessment throughout value chain will help reduce the risk in human rights violations in the activities of the Company, its suppliers, and contractors, positively reflect the Company's image and maintain stakeholder trust.
Furthermore, the Company has required its Board of Directors, executives and employees of all levels to be aware of the importance and the respect of human rights in all aspects of all individuals, either the employees, customers, suppliers, contractors, communities or society as a whole, as well as, the compliance with the laws of each country where the Company operating the business; and to support the compliance with the treaties that each country is obligated including avoiding the acts and participation in human rights violations or building negative impacts on human rights.
Additionally, the Company has extended the human rights accountability to its business partners, suppliers and contractors by encouraging its business partners, suppliers and contractors in its value chain to also respect the human rights and conduct their businesses according to the principles specified in its Supplier Code of Conduct.
The Company also has a "Whistleblowing Policy" together with various communication channels to provide the opportunities for its employees and stakeholders to be able to report clues or complaints related to any human rights violations which the Company has a prudent, fair and transparent procedure for considering and managing the complaints (Please see: Complaint procedures, Page XX). An employee breaching the human rights is considered violation of Company’s ethics and will be subject to disciplinary action according to the specified regulations and the legal punishment if such act is unlawful.
In 2021, the Company identified human rights issues that were important to stakeholders throughout the value chain and covered 90 percent of business activities. Although actions were taken to respond to or prevent human rights impacts arising from these issues, human rights due diligence has not completely been conducted in accordance with the UN Guiding Principles on Business and Human Rights yet. The Company plans to do this in 2023 to ensure that services, labor practices, treatment of business partners and suppliers, work environment, and joint investments will not have negative human rights impacts on stakeholders and to express our social and environmental accountabilities in another way.
|Stakeholder||Human Rights Issue||Company’s Implementation of Human Rights Impact Reduction|
Supplier and Contractor
Throughout its business operation, the Company has strictly abided by ALL WIN philosophy with the objective of providing benefits to those related to the Company’s value chain and allowing them to grow with the Company sustainably in every dimension. Although children’s rights topic had not been elevated as material sustainability topic, but the expansion of the industrial estates operated by the Company in every area undoubtedly relates both directly and indirectly to the quality of life, opportunity and growth of the children living around both AMATA City industrial estates. Additionally, children’s rights have become an important concern internationally at present. Business operation must take into consideration the children’s rights throughout business value chain.
to create a society which jointly protects and supports a safe survival: The Company announced the policy and supplier code of conduct which strictly prevent the use of child labor as well as has developed process of business operation which mitigates environmental effect on the society children are residing in, e.g. the development of a smart environment which helps mitigate greenhouse gas emissions, efficient waste management, and zero waste to landfill, etc.
In 2021, there were no significant human rights complaints due to business activities from stakeholders and no human rights violations reported by suppliers, contractors, and customers. The Human Resources Management Committee has reported progress on human rights performance and human rights complaints collected from various channels to the Corporate Governance Committee and Board of Directors.
In addition, training on “Business and Human Rights” was held on 11 March 2021 by speakers from the National Human Rights Commission to educate employees about basic human rights principles and human rights practices related to business. The training was attended by 101 executives and employees, accounting for 54.6 percent of the total employees.