Sustainability Policy
11 PLC’s Sustainability Policy is based on the Company’s management philosophy and provides a clear statement regarding what the Company must do to fulfill its corporate social responsibility and make contributions to today’s society.
The company commits to operating business in principle of good corporate governance aiming for corporate sustainability which will bring shared value on economic, social and environment to its business value.
I. Philosophy
The company adheres to sustainable development in doing business with concerns of economic, social, and environment responsibility. Business decisions take into account, regulatory, economic, safety, occupational health, environmental, and social aspects. All business activities are carried out under sustainability concept and aim at sustainable results for stakeholders’ benefits and acceptance.
II. Policy
Sustainability Strategy
III. Impose the corporate sustainable development strategy covering good governance, enterprise and project risk management, and emerging risks.
IV. Assess risk and set measures to cope with the risk impacts that may affect the company’s sustainability in economic, social, environmental and governance aspects. This should be considered as materials for business planning, decision and operation for the organizational stability and sustainability.
Governance
V. Adhere to merit and transparency in running business as well as compliance with the law, regulations, requirements, methods and standards specified by the regulatory agencies and accepted internationally.
Economy
I. Seek guidelines to develop and continuously improve efficiency for all business activities by defining the goal, evaluation methods, monitoring and sustainability assessment of the activity.
II. Develop and promote the corporate innovations and technology as a business strategy to create value added and long-term growth of the corporate as well as co- benefits for society and environment.
III. Promote and support all business partners, suppliers and stakeholders along the supply chain to run business based on the sustainable development practices.
Safety
I. Encourage and embed culture on safety, environmental protection and social responsibility on continual and consistent basis.
II. Set “zero” accident goals at work by developing, improving and upgrading the company’s safety measures and standard beyond regulatory requirement. Additionally, any activities without proper and adequate safety control measures, proper Personal Protection Equipment and safety training must be prohibited.
Human Resources & Innovation
I. Treat all employees and workers in a fair and equal manner, without discrimination. The work assignment must be properly given to all employees based on their ability and appropriate compensation.
II. Take care and protect safety of employees, workers and company’s asset by taking into account the others’ rights and safety, with concern over personal right, confidentiality and information disclosure.
Respect right of employees and workers, and treat them with equality and human dignity manner.
I. We will foster a collaborative culture to maximize the expertise and abilities of all employees.
II. We will provide opportunities for career development to create professionals who bring about changes in society and who create innovative solutions to solve global problems.
Society and Community
I. Invest in the personnel capability enhancement by providing the skill and knowledge development and relevant resources as well as safety in workplace to build ‘creative thinking’ atmosphere and fully optimize employees’ potential and capacity.
II. Respond to customers’ needs and gain their satisfaction in products and services quantity and quantity aligned with contractual agreement.
Encourage and promote participation of the community and stakeholders by opening for listening their advices, constructive and transparent dialogue, fair treatment, respect of diversity, supporting their quality living and community empowerment.
I. Collaborate with public sector, industrial associations, business partners, civil society and other stakeholders in developing and/ or applying sustainability standard and practices generally accepted by industry and/or relevant sectors.
Environment and climate change adaptation
Manage the environmental quality according to the legal requirements and specified regulations as well as investing, developing and improving the environment management system, new applicable methodology ensuring higher efficiency of environment quality management and control.
Disclosure
I. Disclose the corporate sustainable development policy and operating results and sustainability performance in all aspects in accordance with required regulations of relevant agencies and accepted standards with adequate, transparent and timely manners to demonstrate its commitment and determination in developing the corporate towards sustainability.
II. Disclose the Corporate Sustainable Development Policy to all employees, workers and stakeholders for their acknowledgement and implement the compliance in their business operation and while doing business with the company.
2.9 Compliance
The company’s directors, executives, employees and workers at all levels are responsible to support, promote and conform with the Corporate Sustainable Development Policy to be working culture concerning balance of economic, social and environmental benefits.