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TRANSFORMING TRANSFORMING
SUSTAINABILITY REPORT FY 2023
Artisanal and
Small-Scale Mining
We understand the
environmental and social
risks associated with
artisanal and small scale
mining, more so in the
emerging economies where
government regulations may
not be as stringent.
In 2023, we are aware that no
related sector artisanal
mining took place adjacent to
our production sites at any of
the locations. However, we
understand the risk of
artisanal mining lies in the
geographies that we work in.
Going forward, we intend to
engage with local
governments to increase
awareness on environmental
& social impacts of
small-scale mining.
TRANSFORMING
Security Practices
It is our goal to become
signatories to Voluntary Principles
on Security and Human Rights
(VPSHR) by 2025. To achieve this
goal, we have established the
Security Community of Practice,
which is responsible for
implementing the requirements of
the VPSHR. We conduct trainings
for our security personnel on a
regular basis, as they are our first
line of defence and first informers
in cases of human rights
transgressions. To raise
awareness about human rights,
and emphasize the importance of
responsible security practices, we
proactively engage with both
private and public security forces,
promoting dialogue and sharing
our corporate approach to
enhance the overall security
environment.
Right to Freedom of
Association
We make no distinction between
employees on our payroll and
contractual workers. We follow a
comprehensive system of
contractual labour management
and employee well-being
practices and standards that are
common across all our locations.
We endorse the right to freedom
of association. Transparent and
fair discussions between union
representatives and management
are initiated to form collective
bargaining agreements. These
discussions cover remuneration,
allowances, working conditions,
incentives and bonuses, health
and safety, manpower productivity,
among others.
26%
of workforce covered
by collective bargaining
agreement
(full-time employees)
COMMUNITIES
Living Wage
Paying fair and commensurate wages
to our workers is another aspect of
the respect that we have for our
workforce. Living wage methodology
serves as a common model for
evaluating and determining the
minimum pay level that is acceptable
and fair to give for a basic number of
working hours and coverage of
families’ basic needs, we have
referred to “The Asia Floor Wage”
framework as our standard. This
framework assesses the wage
standards necessary for families to
afford suitable housing, basic
nutritional needs of a worker,
education, healthcare, and savings. In
THE PLANET THE WORKPLACE
2022, we conducted an initial
assessment that has given us a
baseline against, which we are now
drafting a living wage policy to be
incorporated across our businesses.
we have been offering significantly
higher remuneration to our workers,
across all our sites and have easily
surpassed the minimum wage levels.
By FY2030, we aim to set the living
wage across all our operational
sites and to assess the wage
structure of full-time employees,
contractors, business partners and
suppliers. Such an assessment will
help us to identify those pockets
within the workforce that earn below
the norm and to bring them at par
with normalised wage levels.
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