The Company continuously assesses human rights risk assessment at the corporate level, covering the entire area of business operations in the Company, as well as evaluating business partners annually to effectively establish management practices in risky areas.
The Company has assessed human rights risks within the Company since 2018 to identify, prevent and reduce the impact of human rights risks in the Company's operations across the value chain. This risk assessment covers activities at the national level, industry groups, and operational areas where the Company operates, as well as identifying related human rights issues. Impact assessment in vulnerable groups such as women, people with disabilities, the elderly, children, indigenous, migrants, transgender (LGBTQ+) and national assessments of potential impacts. The human rights risk assessment criteria are conducted based on two factors: chances and impacts, covering all six areas of human rights: labor rights, community rights, supply chain, security, environment, and consumer rights.
Based on the results of the human rights risk assessment, The Company has established measures to control and mitigate potential impacts and assess the remaining risks. (Residual Risks) After establishing human rights prevention and correction guidelines in the Company's business operations to ensure the management of human rights of the Company is effective in controlling impacts throughout the value chain.
The Company conducts human rights risk assessments at the corporate level covering groups of third parties who may be involved in or affected by the Company's activities to identify the potential human rights impact on stakeholders from within and outside the organization.