Empowering Our People and Enriching Our Communities Integrated Annual Report 2024 SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 189 Following our human rights due diligence and impact assessment, we had identified key areas for improvement across our operations, including: To address the identified improvement areas, we had implemented targeted measures, including policy refinements, enhanced compliance monitoring, and stakeholder engagement. In line with the Group’s five (5)-step human rights risk and impact assessment methodology, key risks and corresponding mitigation measures were regularly monitored, and the updates were reported to management and the Board. Beyond our current operations, Social Impact Assessments were incorporated into the EIA process for new projects and potential developments. This due diligence consideration included evaluation of potential risks and opportunities for socioeconomic and environmental impacts. Where risks were detected, appropriate measures were taken to mitigate risks and enhance beneficial outcomes. Compliance with all relevant laws remained a priority for Press Metal, complemented by our proactive alignment with international best practices in human rights and social responsibility. GOING FORWARD Business practices will be monitored to minimise potential human rights and labour risks while we ensure fair wages, safe working conditions, and the strict prohibition of child or forced labour across all operations. At the same time, efforts to enhance employee well-being will include ongoing improvements to workers’ accommodation and dormitory facilities in order to create a safer and more supportive work environment. Beyond the workplace, stronger partnerships with local communities will help drive meaningful social impact, with a focus on education, healthcare, and social welfare programmes. Strengthening these relationships goes hand-in-hand with efforts to improve supply chain transparency and monitoring, particularly in high-risk areas, to address potential human rights concerns and uphold ethical business practices. Ensuring alignment with stakeholder expectations and global best practices remains a priority. Regular dialogue with employees, NGOs, and local communities will provide valuable insights to refine human rights strategies, fostering long-term sustainability and responsible growth. Key Performance Indicators 2022 2023 2024 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 substantiated complaints concerning human rights violations 0 0 0 Notes: 1. FYE2022 and FYE2023: Aggregated data from our corporate headquarters (PMAH), midstream (PMBtu, PMS, and PMAR) and downstream (PMI, PMIT, and PMBA Klang) facilities. 2. FYE2024: Aggregated data from our corporate headquarters (PMAH), midstream (PMBtu, PMS, and PMAR) and downstream (PMI, PMIT, PMBA Klang, PMBA Nilai 1, and PMBA Nilai 2) facilities. HOW WE PERFORMED IN 2024 1 2 3 4 Adapting to regulatory changes to maintain compliance and operational continuity. Enhancing fair and transparent employment practices. Strengthening labour practices related to overtime, rest days, and public holidays. Supporting access to fair trial and due process to foster a positive work environment.
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