WASCO BERHAD 98 SUSTAINABILITY REPORT In 2024, we enhanced our human rights practices by formalising Wasco’s Human Rights Policy. This policy was reviewed by the Sustainability Steering Committee and approved by the Board, before its distribution to employees. Wasco aligns its business conduct with the United Nations Guiding Principles on Business and Human Rights. To ensure effective implementation, the day-to-day responsibilities for monitoring and ensuring human rights compliance are embedded within relevant departments across the organisation. This integrated approach enables proactive oversight and reinforces our commitment to ethical and responsible business practices. We respect human rights by: • Proactively assessing our human rights impacts on an ongoing basis as part of Wasco’s core business processes; • Evaluating the effects of the business and setting targets to drive continuous improvement; • Avoiding, preventing and mitigating human rights issues; • Communicating expectations to all stakeholders, including business partners; and • Implementing human rights screening, training, and monitoring of internal operations and supply chain partners. Wasco adheres to all applicable employment and human rights regulations in the countries where we operate. Suppliers are expected to do the same and abide by Wasco’s Principles of Business Conduct and Human Rights Policy at a minimum. To ensure supplier compliance, our procurement process includes a requirement for vendors to sign our Corporate Social Responsibility (Labour) Declaration. Wasco ensures compliance to all relevant labour laws and our internal Principles of Business Conduct cover human rights issues, including non-discrimination, freedom of association and collective bargaining, and the prevention of child labour, forced and compulsory labour. Our Approach to the Human Rights Issues Affecting the Industry Forced Labour We do not tolerate forced labour or any forms of modern slavery, including bonded labour and human trafficking. All employees willingly accept the offers extended by Wasco. Child Labour We strictly adhere to international child labour laws and observe the minimum legal working age in every country where we operate. Discrimination We prohibit all forms of discrimination based on race, creed, sex, social status, religion, nationality, age, sexual orientation, gender identity, physical or mental disability, or any other grounds. Harassment and Inhumane Treatment Harassment in any form - whether physical, mental, sexual, or power harassment - is strictly not tolerated. Working Hours and Wages We monitor employee working hours, holidays, and leaves of absence to comply with applicable laws and regulations. Grievance Transparency and respectful engagement are cornerstones of our sustainability performance, allowing our business to evolve successfully and respectfully. We consider a robust grievance mechanism essential to protecting the people, communities, and environments affected by our operations.
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