118 WASCO BERHAD SECTION 4 SUSTAINABILITY JOURNEY Human Rights Governance Our commitment to human rights is driven from the highest levels. The Board of Directors, through the BSC, has formal oversight responsibility for all human rightsrelated matters. The BSC oversees the implementation of our Human Rights Policy, monitors our performance, and reviews the effectiveness of our due diligence processes. At the management level, the SSC is responsible for executing the strategy and managing human rights risks across the Group, reporting on progress to the BSC. Our Human Rights Policy Our commitment is formalised in our Group Human Rights Policy, which was rolled out across the organisation in 2024. This comprehensive policy details our commitments across three key areas: • Core Labour Rights: The policy explicitly prohibits all forms of forced labour (including bonded labour and human trafficking), child labour, and harassment (including physical, mental, or sexual harassment and abuse). It affirms our respect for freedom of association and the right to collective bargaining. • Fair and Equitable Employment: The policy codifies our commitment to non-discrimination, ensuring all employees are treated equally and fairly regardless of their race, colour, age, gender, sexual orientation, gender identity and expression, ethnicity or nationality, disability, pregnancy, religion, political affiliation, union membership, or marital status. • Broader Rights and Remedy: The policy extends to our communities, recognising the rights of local and indigenous peoples to land and respecting the human right to water. It also includes our commitment to protecting data privacy and ensuring access to effective grievance mechanisms and remedy for any affected stakeholders. Our Salient Human Rights Issues Based on our understanding of the key human rights risks within our industry and operating contexts, we have identified the following human rights issues with the most severe potential impact on people. This assessment prioritised the following areas: • The right to freedom of association and engagement • The right to an adequate standard of living • The right to social security and social insurance • The right to just and favourable conditions of work • The right to health Our management approach, detailed in the following sections, is designed to respect and uphold these rights across our operations and value chain. We are committed to a process of continuous improvement. To ensure our priorities remain aligned with our evolving business and operating landscape, we plan to conduct a formal, updated salient human rights issue assessment in the near future. The results of this future assessment will be used to further refine our human rights strategy and management approach. Our Principles in Practice We translate our policy commitments into tangible actions through our internal management systems and specific programmes: • Just and Favourable Working Conditions: We ensure just and favourable conditions of work and an adequate standard of living for our employees. We strictly adhere to all applicable laws regarding minimum wages, overtime compensation, and legally mandated benefits. The docking of wages as a disciplinary measure is prohibited, and we actively work to mitigate excessive working hours. • Employee Training and Awareness: To ensure our Human Rights Policy is understood and embedded across the Group, we rolled out a multi-channel awareness and training campaign in 2025. Key initiatives included: – Digital Acknowledgement: We re-shared our Human Rights Policy using a new IT platform that requires employees to formally acknowledge that they have read and understood it. – Operational Toolbox Talks: We prepared a simplified information deck on the policy specifically for our plant and operational workers, enabling supervisors to cascade the key messages effectively during toolbox talks. – Onboarding for New Joiners: Our Human Rights Policy is now a core part of our onboarding process and is automatically sent to all new employees, alongside our Principles of Business Conduct and policies. • Comprehensive Benefits and Social Security: We provide a comprehensive range of benefits to support our employees’ well-being and fulfill our commitment to social security. This includes mandatory employer and employee statutory contributions (e.g., EPF, SOCSO, and EIS), robust insurance and medical coverage (including dental and optical care), and various forms of leave such as maternity, paternity, and medical leave, all in full compliance with the legal requirements of each jurisdiction where we operate. SUSTAINABILITY JOURNEY
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