Why is this Important?

Human capital management constitutes a key factor for the long-term growth of EGCO Group. Developing skills, fostering engagement, and supporting employee well-being enhance work efficiency and talent retention within the organization, enabling EGCO Group to effectively address challenges and achieve its goals. However, inappropriate management may lead to reduced competitiveness and affect the resilience and continuity of business operations.

EGCO Group implements human capital management to strengthen organizational capabilities in responding to competition and changes in the energy business under the strategy “Proactive Organization Excellence,” which is part of the “Power4” strategy. EGCO Group focuses on recruiting and retaining personnel with knowledge, capabilities, and attitudes aligned with business direction, together with skill development, succession planning, and the promotion of diversity within the organization. EGCO Group also supports employees’ quality of life and work–life balance to enhance operational efficiency and sustainable growth.

Sustainability Material Topic: Human Capital Management
Stakeholder Impact on Materiality topics

Employees

Suppliers and Business Partners

Management Approach

Employee Management Target

Long Term Target
  • Effectively implement the human capital management system ‘Success Factor’.

  • Implement improvements to human capital management system as planned.

  • 100% of employees participating in the Succession Planning & Development Program are considered successors for management positions.

  • Increase the number of female employees in Management positions by at least 40% within 2025.

  • Increase the number of total female employees by at least 30% within 2025.

2025 Target
  • Transfer employee data from the SAP system to the Success Factors system.

  • Fill 100% of vacant management positions (above EVP level).

  • Organize diversity activities and training while promoting continuous employee participation across diverse groups, including different ethnicities, nationalities, people with disabilities, LGBTQ+, various age groups, languages, and other minority groups.

  • Strengthen recruitment processes in accordance with employment policies to ensure transparency, respect for human rights, fair labor practices, and diversity and inclusion.

  • Achieve an employee engagement score of at least 78%.

2025 Performance
  • Complete transferring employee data according to the target.

  • Fill 100% of vacant management positions (above EVP level).

  • Organized diversity training to strengthen understanding and collaboration across generations in the workplace.

  • Implement an employment policy covers talent recruitment process with transparent guidelines that comply with “Respect for human rights” and “fair treatment of labor”. Diversity and inclusion is promoted in the process for recruitment and other related activities which can be considered from Sustainability Performance Data: Human Resources.

  • Achieve employee engagement score of 74%.

Diversity and Inclusion Target

Employee Management

EGCO Group has developed and applied the Integrated Human Resources Management Policy into its organization that covers all human resources aspects.

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Employee Recruitment and Selection

EGCO Group has established clear and transparent guidelines for selecting and hiring competent employees taking into account ‘Respect for human rights principles’ and ‘fair labor practices’.

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Compensation and Benefits

[GRI 405-2 (2016)]

EGCO Group focuses its attention on fair and appropriate compensation and benefits to ensure financial stability of its employees both during employment and after retirement.

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Human Capital Development

[GRI 404-2 (2016)]

EGCO Group supports and encourages employees at all levels to be knowledgeable, competent, and skillful to prepare for the continuous business expansion, and cultivates corporate learning value.

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Fair Performance Appraisal

EGCO Group has carried out a fair performance appraisal system using various techniques to evaluate the effectiveness of relevant operations and capabilities, focused mainly on operational outcomes.

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Employee Engagement Survey

EGCO Group has continuously exercised employee engagement survey and take the results into consideration to improve working operations, capabilities development, as well as benefits and Welfare.

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Employee Quality of Life and Well-Being

[GRI 401-2 (2016), 404-2 (2016)]

EGCO Group believes that apart from employee qualifications, quality of life and well-being are crucial factors to achieve the target of work-life balance.

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Diversity and Inclusion

EGCO Group places importance on promoting diversity, equality, and inclusion in the workplace and operates its business in compliance with relevant standards and requirements including Principles of the United Nations Global Compact (UNGC)

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Related Documents

Policies, Requirements and Performance

Performance Data

Updated as of May 2026

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 2025 Annual Report.