Human Rights Policy
Human Rights Due Diligence
- Scope of the Assessment:
- Assessing the Impact Resulting or Potentially Arising from the Company's Operations:
- - Human rights impact affecting a broad scope or beyond the boundaries of the operational area.
- - The Company cannot control or mitigate human rights impacts to restore the violated rights of affected individuals.
- - Assistance from independent and credible external organizations is necessary to address human rights impacts/events associated with the Company.
- - The Company demonstrates intention to aid or support actions that lead to human rights violations.
- - Human rights impacts resulting from the Company's operations or its value chain affect stakeholders in the operational area.
- - The Company conflicts with human rights concerning vulnerable groups.
- - The Company benefits from operations that cause human rights violations by other organizations.
- - The Company is unable to respond to concerns related to human rights from affected individuals internally or externally.
- - Impacts that may arise from human rights concerns received from affected individuals internally or externally are prevented or addressed at the operational area level. The Company manages complaints related to human rights through its internal complaint mechanism.
- Very High
- The Company must cease operations immediately in activities associated with high risks and take immediate actions to mitigate and remedy the impact as outlined in the established measures. This is to alleviate and minimize negative impacts to the lowest possible extent.
- High
- The Company must manage to find measures to reduce the risk level promptly, aiming to migrate it down to an acceptable level.
- Moderate
- The Company must manage to find measures to reduce the risk level, aiming to migrate it down to an acceptable level.
- Low
- The Company operates following existing control and mitigation measures, continuously monitoring risk situations.
- Establishing Mitigation and Prevention Measures
- Monitoring and Reviewing Human Rights Operations
- Correction and Remedy
- Verbal or written warnings
- Suspension
- Reduction or omission of annual bonuses
- No annual salary adjustments
- Employment termination
- Postal Address :
- Audit Committee
- AI Energy Public Company Limited
-
55/2 Moo 8, Setakit 1 Rd., Khlong Maduea Subdistrict, Krathum Baen District,
Samut Sakhon, 74110 - Email : ac@aienergy.co.th
- Phone/Fax :
0-34877485-8 / 0-34877491 – 2
- Company Website : www.aienergy.co.th
AI Energy Public Company Limited (“the Company”) has undertaken the process of
comprehensive
human rights due diligence (HRDD) based on the principles outlined in the UN Guiding
Principles
on Business and Human Rights (UNGP). This is implemented as a practice to assess
multidimensional human rights risks in five steps:
The Company defines the scope of the human rights’ due diligence process, encompassing
all relevant stakeholders, including impacted and vulnerable groups, at every level of
its business operations. The assessment considers human rights issues such as human
trafficking, forced labor, child labor, discriminatory practices, harassment, or
gender-based violence, community rights, consumer rights, and other human rights.
The Company conducts a human rights risk assessment to identify risks occurring or
potentially occurring throughout its supply chain. This assessment considers both
internal and external stakeholders who may be directly or indirectly affected by the
Company's business activities. The Company addresses issues related to human rights
risks, including equality and ethical practices, to compile a human rights impact
assessment. Various involved parties collaborate to evaluate human rights risks,
categorized into 4 levels: low, moderate, high, and very high. This assessment is based
on 2 factors: the likelihood of an event occurring and its potential impact. The purpose
is to enable the Company to formulate appropriate strategies and measures to mitigate
the identified human rights risks effectively.
Risk Assessment Criteria: Level of Occurrence
| Level of Occurrence | Characteristics of Occurrence |
|---|---|
| Level 4: High (>25%) | Events occur multiple times per year in the operational area. |
| Level 3: Moderate (10-25%) | Events occur in the operational area occasionally. |
| Level 2: Low (1-10%) | Events occur very rarely in the operational area, but there is a possibility. |
| Level 1: Very Low (<1%) | Events occur in same industry but with minimal possibility in the operational area. |
Criteria for Impact Assessment: Impact
| Level of Impact | Characteristics of Impact |
|---|---|
| 4 High Impact |
|
| 3 Moderate Impact |
|
| 2 Low Impact |
|
| 1 Very Low Impact |
|
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The Company must anticipate various impacts that may arise from identified human rights
risks and implement measures, including defining mitigation and preventive measures for
the specified high and very high-risk issues. This is to guide control efforts to
mitigate impacts at a minimal or acceptable level. Additionally, the Company should
develop and reinforce awareness among relevant parties on these high-risk issues
regularly.
Due to changes in business activities and affected stakeholders, the Company must review
human rights risk issues and mitigation and preventive measures regularly, at least
annually with continuous communication through employee training on human rights and
non-discriminatory practices is maintained.
The Company emphasis on the importance in reducing the risk of human rights violations
for affected individuals related to its business activities. In the event of human
rights violations, the Company has a fair-minded investigation process and corrective
and remedy measures in place. The remedy is both in financial and non-financial form to
those affected. As well as summarizing the occurrences to create measures for recurrence
prevention. The Company has also established measures for punishment in cases where
Company employees violate rights, as follows:
The Company has established channels for complaint and suggestion to address human
rights issues related to its operations:
Upload : 14 November 2023
