The Company has placed importance on human rights management in compliance with the business code of conduct and international human rights standards. The Board of Directors and/or senior management are expected to monitor and ensure that human rights are not violated in any of the Company’s activity, nor human rights violation due to any act or decision made by the Company.
The Company has formulated a policy on corporate responsibility to respect human rights. The aim is to undertake comprehensive measures related to human rights by adhering to the United Nations Guiding Principles on Business and Human Rights (UNGP) as a framework for human rights management. The policy includes analyzing and gauging human rights risks, risk management, and constant monitoring of and reporting on related progress. Thai Wah’s key human rights issues are forced labor, human trafficking, and illegal child labor.
In demonstrating consistent commitment to addressing the above issue, the Company has formulated a plan to uplift responsibility and transparency in the supply chain, disseminated policy, and practices on sustainable procurement to business partners. By providing the training and enhance knowledge of key business partners for them to conduct self-assessment on sustainability, assessed key business partners, on sustainability, and supplied main raw materials from responsible agricultural sources. Those who wish to become future partners will have to sign an acknowledgment of human rights and good labor practices and to comply with the principles set by the Company strictly. With our commitment and care, Thai Wah has also implemented workplace safety, health, and environmental policy in accordance with related laws and standards for all employees and business partners to work in a safe and happy environment.
The Company has placed priority on fair treatment to the employees on the basis of international human rights standards, with the clear policy on nondiscrimination in the process related to recruitment, employment, compensation and benefit payment, trainings, job assignment, and promotion. The Company commits to provide facilities necessary for their work, and promote safe and healthy work environment. Participatory culture is also encouraged for the development of their quality of life and value, and public mind, thus, enabling our people to have a sense of their worth and reach their full potential.
We have continued to implement our policy on human rights and have yet to witness any case that business operation is held accountable for human rights violation. Nevertheless, the Company has provided various channels to receive opinions and suggestions from the employees, such as the Intranet and Suggestion Box.