16 Goal 8: Decent Work & Economic Growth SOCIAL RESPONSIBILITY Our Approach Human Rights Principles Our approach to labour practices standards is based on international principles such as the Universal Declaration of Human Rights and relevant local laws. In addition, we align our practices with the International Labour Organisation’s (“ILO”) conventions on human rights and Children’s Rights and Business Principles by the United Nations Children’s Fund (“UNICEF”). This includes firm and unequivocal stances against all forms of child labour, forced labour, discrimination and any other violation of human rights and personal freedoms. Our commitment to human rights includes upholding Freedom of Association and Collective bargaining, which, at minimum, is based on local laws. As a Malaysian company, we remain supportive and a proponent of Malaysian government policies and plans to enhance human rights, especially concerning employee relations. We are aware that Malaysia has ratified the Protocol of 2014 to the Forced Labour Convention and the adoption of the National Action Plan on Forced Labour. The National Action Plan on Forced Labour includes measures to increase the inspection of workplaces, provide more support to victims of forced labour and increase awareness. Given this development and heightened scrutiny by the government, we endeavour to continuously improve our compliance monitoring capabilities, not just within our properties and operating sites but where required, across our value chain. The sustainability governance structure articulated at the beginning of this report is responsible for ensuring human rights considerations are integrated into all parts of the business. This means our commitment to human rights extends beyond our direct employees and our workplace but includes our contractors and key suppliers. The sustainability committee is responsible for the overall human rights risk assessment, communication and engagement of human rights policies to all key stakeholders. As part of our continuous risk assessment and compliance monitoring, we actively engage key stakeholders to ensure compliance with our policies, prescribed ethical standards and local laws. Our risk assessments include the 11 indicators prescribed by the ILO, which we have explicitly integrated into our Human Rights Policy. As part of our human rights risk assessment exercise, we have identified areas of improvement and developed a Human Rights Policy. This demonstrates Tropicana’s strong commitment to human rights, ensuring compliance with statutory obligations and enhancing communication and awareness. The policy refers to the elements of forced labour and ensures that all parties comply with the company’s standards. LABOUR PRACTICE AND STANDARDS Goal 3: Good Health & Wellbeing Related UNSDGs Why This Is Important For Tropicana, upholding fair labour practices and standards is crucial for ethical business conduct, mitigating legal risks, building a strong reputation, and ensuring project success through a motivated and productive workforce. A strong workforce will drive economic growth for the Group as well as improve business operations. Goal 10: Reduced Inequality Goal 16: Peace, Justice & Strong Institute 154 ANNUAL REPORT 2024
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