The Company manages large industrial cities and engages with numerous stakeholders. Without an effective human rights risk assessment process across the entire supply chain or reliable operational control mechanisms for the Company and its partners, the Company may become implicated in human rights violations. This could directly affect the Company's reputation and investor confidence, both domestically and internationally.
Implementing an effective human rights risk assessment process throughout the supply chain can help mitigate the risk of human rights violations that may result from the Company's activities, as well as those of its partners and contractors. This can bolster the Company's reputation and inspire greater confidence among all stakeholders.
The Company recognizes the impact of human rights on stakeholders throughout the value chain, guided by the 'ALL WIN' philosophy. Its business operations play a crucial role in promoting positive human rights impacts by contributing to the local economy, creating employment opportunities, and enhancing community well-being through provisions such as education, public health services, public utilities, and essential services. However, the development of industrial estates also has the potential to violate stakeholders' human rights through environmental pollution that disrupts community well-being or unsafe working conditions that could harm employees, workers, or community members. Neglecting these impacts on stakeholders' rights may lead to a loss of trust from other stakeholder groups and societal opposition, which could adversely affect the Company's operations and future performance.
The Company has established several social policies to ensure fair and appropriate treatment of all stakeholder groups throughout the value chain, in accordance with international human rights principles. These policies include the 'Human Rights Policy,' 'Stakeholder Engagement Policy,' 'Human Resource Management Policy,' 'Safety and Occupational Health Policy,' and 'Personal Data Protection Policy’. The Company adheres to both domestic and international laws in the countries where it operates and has established a framework aligned with the UN Guiding Principles on Business and Human Rights (UNGP) and the OECD Due Diligence Guidance for Responsible Business Conduct. The complete policy and guidelines can be viewed at www.amata.com
The Company requires the board of directors, executives, and all levels of employees to recognize the importance and respect of human rights in every aspect of all individuals, whether employees, customers, suppliers, and contractors, as well as in communities and in society, according to the laws of each country where the Company runs business. The Company is committed to support the treaty that each country has obligations to comply with and to avoid actions and participation in human rights violations that negatively impact human rights.
In 2023, the Company successfully integrated human rights risk identification and assessment into its various departmental risk assessment processes. These processes include conducting Environmental Impact Assessments (EIA) during project development to identify and evaluate environmental aspects and impacts, as well as performing risk assessments on occupational health and safety in accordance with ISO standards. Additionally, the Company has implemented Human Rights Due Diligence in line with the UN Guiding Principles on Business and Human Rights by incorporating it into the materiality determination process. It has identified a range of topics that significantly impact human rights across key stakeholders within the value chain, addressing both existing and potential future concerns. This comprehensive approach ensures all activities within the value chain (100%) are covered. The Company has also established measures and controls to respond to or prevent these human rights impacts.
Impsacted Stakeholders | Significant Human Rights Issues | Company’s actions for correction, prevention, and remedy |
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Employee | Labor rights
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Community | Community rights
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Customer | Customer rights
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Employee, Customers, Shareholders, and Business Partners | Data Privacy |
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Supplier and Contractor | Supplier and contractor rights
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Employees of Suppliers and Contractors | Labor rights
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Community | Community rights
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Impsacted Stakeholders | Significant Human Rights Issues | Company’s actions for correction, prevention, and remedy |
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Employees of Suppliers and Contractors | Labor rights
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Community | Community rights
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Throughout its business operation, the Company has strictly abided by “ALL WIN” philosophy with the objective of providing benefits to those related to the Company’s value chain and allowing them to grow with the Company sustainably in every dimension. Although the topic of children’s rights had not been elevated as a material sustainability topic, the expansion of the industrial estates operated by the Company in every area undoubtedly relates both directly and indirectly to the quality of life, opportunity and growth of the children living around both AMATA City industrial estates. Additionally, children’s rights have become an important concern internationally at present. Therefore, business operation must take into consideration children’s rights throughout the entire business value chain.
The Company has adopted the "Children's Rights and Business Principles" (CRBP), established by the United Nations Children's Fund (UNICEF), as guidelines for conducting business operations that respect children's rights. These principles encompass four key areas in which businesses can impact children: 1) Support for children's survival; 2) Protection of children from violence; 3) Appropriate development; and 4) Opportunity for children to participate. The operational framework was established with a goal of creating the perfect city that provides opportunities for children and adheres to the CRBP principles, as follows:
To create a society that jointly protects and supports a safe survival, the Company has announced its policy and code of conduct for suppliers, which strictly prohibit the use of child labor and have developed processes to mitigate the environmental impact on the communities where children reside. These processes include the development of smart environments to reduce greenhouse gas emissions, efficient waste management, and a commitment to zero waste to landfill.
The Company has developed various infrastructure and facilities to provide equal opportunities for the children in the surrounding community to access utilities and services such as schools, hospitals, and shopping centers.
The Company cooperated with the business strategic partners in developing diversified learning and educational space in both industrial estates, e.g., a water management learning center, a smart classroom, and recreational public parks.
On 29 September 2023, the Company organized a training course on human rights knowledge for executives and employees. The purpose was to enhance understanding among employees regarding human rights issues in business operations (Human Rights & Industrial Development). The course, conducted by Khun Prakairatana Thontiravong, former commissioner of National Human Rights Commission of Thailand, covered the history, concept, and principles of human rights. It also focused on raising awareness of responsibility and respect for human rights in all business activities, as well as the risks and impacts on stakeholders throughout the supply chain. This initiative aimed to enable executives and employees to adapt and align with the Company's human rights policy.
In 2023, the Company received a significant complaint from a community about a human rights violation. This issue stemmed from the activities of subcontractors who were transporting soil for the construction of the company's new project in Chonburi province. The community, comprised of users of the affected public road, expressed discontent due to road damage and soil accumulation, which led to accidents and injuries. The complaint was lodged through the District Justice Center of Phan Thong in November 2023. Currently, the matter is under consideration for resolution in collaboration with the Industrial Estate Authority of Thailand.
The Company took the incident seriously, and the CEO and the Chief Technical Officer were swiftly notified of the complaint. The CEO instructed the subcontractor to temporarily cease operations and immediately clean the road. Additionally, measures were implemented to prevent, address, and minimize future impacts on the community. These included ongoing meetings with all relevant stakeholders, establishing a dedicated communication channel, implementing speed limits for soil transport trucks, and ensuring the use of tarpaulins. Furthermore, wheel-cleaning stations for soil transport trucks and regular road cleaning by personnel were arranged, with water spraying scheduled for mornings and evenings. The timing of soil transport truck operations was adjusted to avoid rush hours, and the quantity of soil transported was regulated to comply with the law. Furthermore, the Company has implemented measures to provide remedies to some affected individuals and will conduct further assessments for comprehensive remedies. This includes plans to improve the condition of this road after construction is completed.
The Company emphasizes the impact of operations carried out by suppliers and contractors, thus establishing a Supplier Code of Conduct to ensure that they operate in accordance with the Company's principles and guidelines, respecting the rights of all stakeholders. The Company will review the list of contractors who do not adhere to the Supplier Code of Conduct, conduct onsite audits of suppliers and contractors at high risk of human rights violations, and develop plans to address any deficiencies.
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