Press Metal Annual Report 2024

Empowering Our People and Enriching Our Communities Press Metal Aluminium Holdings Berhad SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 186 The SIA engaged a diverse spectrum of stakeholders, including employees, local communities, government agencies, NGOs, suppliers, contractors and media representatives. Gathering multifaceted insights through socioeconomic surveys, in-depth interviews and focus group discussions, this rigorous process yielded a broad understanding of the facility’s role and influence within its surrounding community, providing a foundation for informed decision-making. The assessment provided insights into several positive contributions stemming from our operations, including substantial job creation, educational support programmes, and community sponsorships that uplift local livelihoods. However, it also highlighted opportunities for improvement, notably the need for greater awareness of our CSR initiatives, improved communication with the business community and increase engagement with local stakeholders. In response, Press Metal has swiftly implemented targeted measures to increase CSR outreach efforts, establishing regular engagement channels, encouraging greater employee participation, expanding skills training programmes, and organising community workshops. Collectively, these actions are designed to forge stronger, more collaborative relationships, promote mutual understanding, and drive sustainable growth within the communities we serve. The insights derived from the SIA have been systematically integrated into our Social Management Plan, aligning into policies and procedures including the Social Management System Policy and its SOPs, Human Rights Policy, OHS Policy, Ethical Conduct Policy and Procedure and the Complaint and Grievance Procedure. The Social Management Plan is a dynamic document with action plans developed to address CSR initiatives, employee engagement programmes, skills development opportunities, community workshops and job creation strategies. Guided by practices of the ASI, we are committed to reviewing the SIA at least once every five (5) years. This periodic reassessment facilitates the continued relevance of our social impact approach, fostering a cycle of continuous improvement that addresses emerging challenges and supports our dedication to sustainable community development. Human Rights Due Diligence Human rights due diligence is an ongoing and continuous process aimed at raising awareness and understanding of human rights-related risks associated relevant to our operations. Our human rights due diligence framework adopts a risk-based methodology, structured around four (4) key elements: Human Rights Due Diligence Process Human Rights & Stakeholders Communication & Collaboration Human Rights Risk Assessment Continuous Improvement Risk Identification Risk Impact Evaluation Risk Impact Remedy & Mitigation Monitor, Review & Report

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