Delivering Sustainable Value For Our Stakeholders Delivering Sustainable Value For Our Stakeholders Press Metal Aluminium Holdings Berhad 162 163 Integrated Annual Report 2023 Empowering Our People and Enriching Our Communities Empowering Our People and Enriching Our Communities OUR VALUE CREATION Assessing Our Human Rights Compliance We recognise the dynamic nature of human rights and, therefore, regularly review our Social Management Plan and conduct human rights due diligence processes at least every five (5) years. In FYE2023, we conducted the following human rights assessments and audits across our entities: Entity Assessment/ Audit PMBtu • Completed its second human rights assessment. • Performed a third-party audit on ASI Performance Standard, which included compliance assessment on human rights. • Engaged a consultant for an SIA. PMS • Completed its first human rights assessment. • Conducted an internal audit on ASI Performance Standard. • Performed a third-party audit on ASI Performance Standard, including compliance assessment on human rights. • Engaged a consultant for an SIA. PMI • Commenced its second human rights assessment. • Performed a third-party audit on ASI Performance Standard, including compliance assessment on human rights. PMIT • Underwent a supplier audit to ascertain compliance with human rights requirements. HOW WE PERFORMED IN 2023 2021 2022 2023 Incidents of violation involving rights of indigenous people 0 0 0 Number of incidents relating to discriminations, child labour, or forced or compulsory labour 0 0 0 Number of grievances concerning human rights issues 0 0 0 Human Rights Impact Assessments Integral to the human rights due diligence process, our Human Rights Risk and Impact Process Flow incorporates a human rights risk and impact assessment methodology of International Finance Corporation’s Guide to Human Rights Impact Assessment and Management. It follows a five (5)-step approach: Planning & Scoping Identifying the most relevant human rights issues to our industry and operations Human Rights Risks and Impact Assessments Supplier Assessments To ensure our suppliers comply with our Responsible Sourcing Policy and SCoC, we conduct supplier assessments through the SSAQ, audits and inspections. Following this, suppliers are encouraged to identify and develop risk mitigation or corrective action plans to address any human rights risks identified. Training and Awareness Recognising the pivotal role our employees in mitigating modern slavery risks, we educate them on the warning signs and cultivating their awareness of available reporting channels. We also invest in employee awareness-building and training to foster a better understanding. During our supplier’s engagement, we provide human rights training as part of our responsible sourcing effort. We have conducted several programmes during the year, including: • Group-wide Human Rights training; • Business Considerations for Human Rights for the Board and Key Senior Management; and • Employee Handbook Briefing, incorporating the Human Rights Policy Assessment of Effectiveness of Actions Taken To evaluate the effectiveness of the actions taken, we have established channels for stakeholders to raise labour and human rights related concerns. These channels include an internal grievance mechanism for employees and Sarawak operations’ Local Community Grievance Management SOP for local communities affected by our operations. Additionally, our whistleblowing platform enables both internal and external stakeholders to report concerns anonymously, ensuring protection from retaliation. Should there be any identified instances of human rights violations flagged by any of our stakeholders, necessary corrective action plans will be undertaken, with remedy and compensation provided. To this date, there have been no grievances or violations reported, indicating the effectiveness of our efforts to promote fair treatment and address concerns without prejudice or discrimination. Identification of Human Rights Risks Screening potential human rights risks associated with our operations following the scoping of relevant human rights issues Human Rights Risk Assessment Evaluating human rights risks, relevant human rights issues, existing mitigation and/ or controls, and scoring the likelihood and severity of said risks Progress Report & Next Course of Action Implementing mitigation measures in a timely manner Reporting & Evaluation Regularly monitoring our human rights performance and communicating our findings to the management GOING FORWARD We will continuously monitor our business practices to mitigate and remedy potential adverse impacts relating to human rights and labour. This involves enhancing our employee engagement platforms, testing the effectiveness of our grievance mechanisms for improvement, improving existing workers’ accommodation and dormitory facilities, conducting annual manager training on handling reports or instances of bullying or harassment, and conducting human rights risk assessments within the Group.
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