Human Rights Overview

Why is this Important?

Respecting human rights and treating everyone equally is one of the key principles under EGCO Group’s good corporate governance. Human rights are critical to our business and are part of the corporate culture. EGCO Group has established Human Rights Policy complying with regulations and requirements on human rights protection to promote knowledge and understanding of human rights, as well as good practices for employees and suppliers in accordance with the Universal Declaration of Human Rights. EGCO Group also established a human rights due diligence process on a regular basis.

Stakeholder Impact on Materiality Topics

Employee

Management Approach

Human Rights Policy

[GRI 2-23 (2021)]

EGCO Group has prepared and disclosed human rights policy that complies with Thai and international laws and regulations regarding human rights protection.

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Human Rights Due Diligence

Human Rights Due Diligence has been in place as the guidelines for human rights practice which comprises the following main issues.

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Human Rights Dialogues with Suppliers

Procurement policy and code of conduct for suppliers of EGCO Group have been reviewed and revised on a regular basis. Human rights is one of the issues stated in the code of conduct and is communicated to suppliers to ensure an understanding of how to work together with EGCO Group.

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Human Rights Risk Assessment

EGCO Group has conducted human rights risk assessment in all operational processes along the value chain, both direct activities undertaken in EGCO Group’s own operations, and indirect activities of suppliers, mergers, acquisitions and joint ventures operations.

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Grievance Management and Remediation

[GRI 2-25 (2021)]

EGCO Group has established whistleblowing channels and processes to receive complaints which include human rights complaints. Such channels are accessible to employees and all groups of stakeholders and provided with the mechanism to protect personal data of both the whistleblowers and the one being accused.

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Reinforcing Human Rights into Corporate Culture

EGCO Group encourages the enhancement of corporate culture regarding human rights through the arrangement of personnel training programs to raise awareness and understanding of human rights on a regular basis.

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Related Documents

Policies, Requirements and Performance

Performance Data

Performance Data

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Updated as of March 2023

The information reported above was prepared in accordance with the Global Reporting Initiative Standards (GRI Standards). It has been audited by an external party and has received limited assurance through the 2022 Annual Report.