Press Metal Aluminium Holdings Berhad SECTION 3 • CHARTING THE PATHWAY TOWARDS EXCELLENCE 34 Managing Our Risks and Opportunities Effectively Modern Slavery Risks Modern slavery, including forced labour, child labour, and other human rights abuses, remain a risk within global supply chains. It is imperative to recognise and mitigate these risks by upholding ethical business standards, complying with legal requirements, and safeguarding the well-being of stakeholders across our value chain. Inadequate management of such risks could result in serious consequences, including legal action, reputational harm, and a loss of stakeholder trust. Opportunities • Strengthening market competitiveness by upholding ethical social practices, attracting socially conscious customers and investors who align with our values. • Facilitating strategic partnerships through strong governance and adherence to international labour standards. Regulatory/ Social Talent Acquisition and Retention Capabilities Risks Effective human capital management is essential for business continuity, ensuring the retention of expertise and the smooth transfer of institutional knowledge. Without structured talent development and succession planning, organisations risk higher staff turnover, declining morale, and reduced productivity. It is crucial to invest in internal talent development and long-term retention strategies to mitigate over-reliance on external hires. Such over-reliance may disrupt strategic alignment and undermine workforce engagement. Opportunities • Enhancing business value by retaining high-performing employees, strengthening institutional knowledge and expertise. • Reducing recruitment and onboarding costs while ensuring business continuity through the development of a strong internal leadership pipeline. Human Capital Health and Safety at the Workplace Risks The aluminium production industry carries considerable occupational health and safety risks, from working with high temperatures and heavy machinery to handling hazardous materials. Without effective management systems and strict adherence to the Occupational Safety and Health (Amendment) Act 2022 (“OSHA 2022”) and other relevant health and safety regulations, businesses risk workplace accidents, legal liabilities, rising insurance costs, and potential harm to their reputation. Opportunities • Continuously enhance workplace safety through the use of real-time monitoring tools, in meeting the targets of maintaining zero (0) fatalities and reducing the Lost Time Injury Frequency Rate (“LTIFR”). • Enhance trust and efficiency by having a robust management system that fosters strict compliance with safety standards, supported by comprehensive training programmes and regular refresher courses for high-risk areas. • Foster a proactive safety culture by educating employees and cultivating a mature approach to health and safety. Occupational Health and Safety I H SR Link to Capitals Link to Material Matter H SR Link to Capitals M14 Link to Material Matter H SR Link to Capitals Link to Material Matter M15 M16 M17 M4 M15 M17
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