Indorama Ventures Public Company Limited Human Rights Policy (As approved by the Board of Directors Meeting No.2/2013 dated February 22, 2013) Revision 1 (As approved by the Board of Directors Meeting No.2/2015 dated February 20, 2015) Revision 2 (As approved by the Board of Directors Meeting No.4/2016 dated August 11, 2016)
Table of Contents Policy Coverage... 1 Respect for Human Rights... 1 Discrimination and Harassment... 1 Fair Treatment of Employees... 2 Staff Training... 2 Rights of Access... 2 Working Hours... 2 Recruitment... 2 Child Labor... 3 Disciplinary Issues... 3 Freedom of Association and Collective Bargaining... 3 Grievance Procedures... 3 Communication of this Policy... 3
Human Rights Policy As a global company operating across four continents, Indorama Ventures Public Company Limited (IVL) strongly believes in respecting all human rights. We are dedicated to both protecting and embracing human rights as embodied in the Universal Declaration of Human Rights and its two corresponding covenants, The International Covenant on Civil and Political Rights and The International Covenant on Economic, Social, and Cultural Rights. We will avoid infringing on human rights, avoid complicity in human rights abuses by others, and comply with the laws of the countries in which we do business. For jurisdictions where the above-mentioned international human right standards differ from local law, we shall endeavor to follow the higher of the standards. In the case that they are in conflict, we shall comply with the law while using our best effort to pursue international human rights standards. We are committed to continuously improving our human rights policy to meet the highest standards. Policy Coverage This policy applies to the Board of Directors, management, employees, trainees and persons who are not employees but authorized to act on behalf of or represent IVL including those employed by its subsidiaries, joint ventures and associated companies 1. We also encourage our stakeholders throughout our value chain to adopt high human rights standards in line with the UN Declaration as a part of their code of conduct. Respect for Human Rights We will identify and prevent human rights violations and mitigate related impacts resulting from our business activities through proper risk assessments and mitigation procedures. Discrimination and Harassment We are committed to protecting employees and other stakeholders from all forms of discrimination and harassment based on their ideological views, race, color, religion, gender, sexual orientation, national origin, age, disability, or any status regarded as a human right. We will adopt reasonable and inclusive practices throughout our operations and will seek to eradicate prejudice, discrimination, bullying and harassment. We identify the action listed below as harassment: Offending or humiliating someone physically or verbally Threatening or intimidating someone Making unwelcome jokes or comments about someone s differences 1 Associated companies are those in which IVL owns 20%-50% of the voting shares. Human Rights Policy 1
Sexual harassment includes, but is not limited to, behaviors of a nature that: o create a sexually intimidating, unwelcome, hostile or offensive work environment o could reasonably be thought to put sexual conditions on a person s job or employment opportunities Fair Treatment of Employees We will treat all employees fairly and honestly, regardless of where they work. All staff will have agreed employment terms and conditions in accordance with local law or practice. Staff Training We will provide our staff with the necessary guidance and training to ensure the effective implementation of this policy and to ensure we are an inclusive employer and service provider. Rights of Access We will take all reasonable steps to ensure that our buildings and premises are accessible to disabled employees, customers and visitors. We will also take reasonable steps to ensure that our vehicles are accessible to customers and staffs, and comply with the relevant legislation for the country in which they operate. We will seek to ensure that information is made available to our customers and employees in alternative formats as required. All staff and visitors will be given reasonable access to bathrooms and other facilities. Working Hours Working hours shall not be excessive and comply with industry guidelines and national standards. We will pay a fair wage reflecting local markets and conditions. We will always meet any national minimum wage. Recruitment All recruitment will be carried out with regard to fairness, equality and consistency for all candidates at all times. Recruitment practices will be inclusive and we will endeavor to ensure there are no barriers to employment of suitable candidates. Human Rights Policy 2
Child Labor We will not employ illegal child labor, forced or bonded labor, forced overtime, or condone illegal child labor. We adhere to the local child labor laws where our businesses operate. No young person below legal age shall be employed. Disciplinary Issues We will not use or condone the use of corporal punishment, mental or physical coercion or verbal abuse. We have disciplinary procedures for any member of staff whose conduct falls below the required standard. Freedom of Association and Collective Bargaining We respect the right of employees to form and join (or not to join) an association without fear of retaliation, interference and harassment as long as such association complies with local laws. We will not obstruct constructive dialogues over issues relating to working environment and conditions. Grievance Procedures We have grievance procedures through which staff can raise personal and work-related issues. Any employee who feels that he or she has grounds for complaint in relation to bullying, discrimination, harassment or victimization has the right to pursue the complaint through our grievance procedures. Customers who feel they have grounds for complaint may pursue these through our customer complaints procedures. We will ensure our complaints/feedback procedures can be accessed and used by everyone. Where a violation of human rights occurs against an employee on active duty as a result of the action of a third party or an outsider; we shall take all necessary and reasonable steps to assist the affected person. Communication of this Policy The company is committed to ensuring this policy and its sentiment is communicated to all staff through: Employee Inductions Human Resources communications Human Rights Policy 3