Contribution to Society GC has developed a group-wide strategy on social responsibility, focusing on Creating Shared Value (CSV) and Social Enterprise (SE). The company has also set a target to become the Partner of Choice by 2025. Accordingly, GC has prioritized CSR projects based on three key elements: 1. Better Living: GC places importance on developing the quality of life of communities and society by promoting well-being under the concept of selfsufficiency and self-sustainability. Examples of outstanding projects include Community Waste Model which features GC’s collaboration with six communities in Rayong and Nakhon Pathom provinces in establishing recycling waste management hubs, and recycling waste management projects in collaboration with educational institutions and network partners to collect discarded plastic bottles for recycling and upcycling, which has created employment and careers as well as generated an income of more than 3.7 million baht in 2023. 2. Sharing: GC promotes the strengthening of the organization by sharing ideas and innovations to create value for communities and society so that they may grow sustainably alongside the industry. Highlight projects include Smart Farming by GC which leverages the organization’s innovation, such as photoselective greenhouse films and shelf-life extension bags, in conjunction with energy-related innovation, technology and IoTs (Internet of Things) to upgrade cultivation and improve agricultural products while developing youth skills in modern agriculture to provide knowledge and enable efficient use of technology. In 2023, the project generated more than 860,000 baht for the community, raising the average income from product sales by approximately 31,800 baht per month compared to 2022. comprehensively control potential work-related accidents, and effectively reduce injury statistics. The company has developed several personal safety projects, including Onsite Supervision using Permit to Work and Operational Discipline (OD), Early Detect Low-performance Contractors, and Hand Injury Reduction using Engineering Control, etc. Human Rights Management along Value Chain GC’s human rights policy and practices have been formulated in accordance with international principles, including the Universal Declaration of Human Rights (UDHR), the UN Guiding Principles on Business and Human Rights (UNGP), and the Declaration on Fundamental Principles and Rights at Work. In doing so, GC aims to prevent violations of employees’ human rights within the Group, relevant businesses (joint ventures, mergers & acquisitions), business partners (suppliers, contractors, and customers), and local communities as well as to become a model business that adheres to human rights principles. GC continuously conducts Human Rights Due Diligence (HRDD) and assesses human rights risks in all activities across the value chain covering all six aspects of human rights, namely labor rights, community rights, supply chain, safety, environment, and consumer rights. As a result of residual risk assessment, one high residual risk was found, i.e., vehicle accidents in the operating sites, and six residual risks were identified as moderate: 1. Turnaround-related issues 2. Wastewater pollution in Map Ta Phut area 3. Direct and indirect illegal forms of labor in the procurement of raw materials, products, and services 4. Discrimination against suppliers providing other products and services 5. Oil leakage/spill 6. Possibility of customer data leakage The aforementioned risk issues have urged GC to establish measures and guidelines to closely control and mitigate impacts as well as requiring strict compliance from relevant departments and individuals to ensure that none of GC’s activities across the value chain will cause any forms of human rights violation. 107 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2023
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