Posco-Malaysia Sdn. Bhd. (PMSB) recognizes the social responsibility to provide a working environment where employees are treated with respect, dignity and fairness. This commitment is built upon a framework of policies and procedures designed to ensure this objective is embedded right from the recruitment to career development and retention of employees. PMSB is dedicated to the values and standards of business and ethical behavior that comply with all applicable laws and regulations and includes company policies, practices and procedures. PMSB respects internationally recognized Human Rights as established in the Universal Declaration on Human Rights and the International Labor Organization’s (ILO) Core Conventions. The policy outlines PMSB’s responsibility to uphold and protect the human rights of individuals working in PMSB and the communities in which PMSB operates. We strive to contribute positively and ensure that human rights are understood, observed and respected as far as is reasonably practicable. We also encourage our employees to report any actual, suspected or potential violations of all Company policies, including but not limited to this Human Rights and Labor Standard Policy. All company policies shall be reviewed on an annual basis and updated where necessary to ensure the continuous improvement of working conditions.

Application

This policy applies to all employees within PMSB. Where we do not have a controlling interest, we will encourage our stakeholders, including business partners, contractors, suppliers and joint venture partners to observe this policy.

Our Commitment on Human Rights Management

To fulfill its responsibility of observing human rights and to meet the expectations of its stakeholders, PMSB takes the following basic positions in relation to human rights management:

• To fulfill its responsibility of observing human rights and to meet the expectations of its stakeholders, PMSB takes the following basic positions in relation to human rights management:

  • Complies with laws in all jurisdictions where PMSB does business and observes the internationally recognized global human rights standards.
  • Finds ways to comply with the internationally recognized human rights standards when local regulations conflict with such standards.
  • Treats risks that may cause severe human rights violations as critical business issues.
    
    

Human Rights Fundamental Principles

Human Rights Fundamental Principles

The following broad principles reflect the values that PMSB upholds in our own operations, and we expect our stakeholders to follow the spirit and intent of these principles:

1. Workplace Diversity and Equal Opportunities

• Provide just and favorable work conditions to our employees in an undiscriminating manner, ensuring that there is no discrimination within the company.
• The basis for recruitment, placement, training, compensation, and advancement is based on qualifications, performance, skills and experience. No employee shall be discriminated on the above due to race, color, gender, language, religion, political or other opinion, caste, national or social origin, property, birth, union affiliation, sexual orientation, age, disability, or other distinguishing characteristics. 
• Maintaining a workplace that is free from physical, psychological or verbal abuse, threat of abuse and sexual or other harassments.
• Embracing diversity and inclusivity at the workplace and appreciate contributions made by all employees.
• Committed creating local employment in the communities that we operate in. 
• Zero tolerance of any form of discrimination against our employees based on race, color, gender, language, religion, political or other opinion, caste, national or social origin, property, birth, union affiliation, sexual orientation, age, disability, or other distinguishing characteristics.
• Any employment-related decisions, from hiring to termination and retirement, must be based solely on lawful, non-discriminatory criteria. 

2. Prohibiting Child Labor

We will adhere to minimum age provisions of applicable laws and regulations, remaining consistent with the United Nations Convention on the Rights of the Child and the relevant standards under the International Labor Organization. We are committed to ensuring that no young children are employed directly by PMSB or our contractors.

3. Employee Rights

1. Safe and Healthy Workplace

• PMSB prohibits the use of all forms of forced or bonded labor, slave labor and any form of human trafficking. 
• We will provide a secure, safe and healthy workplace in compliance with local workplace safety and health legislations. 
• We will also maintain a productive workplace by minimizing the risk of accidents, injury and exposure to health risks. 
• All employees shall receive the necessary health and safety training for their line of work. 
• In accordance with our policy, employees can provide feedback to management through our channels without fear of reprisal or retaliatory action. 
• PMSB does not tolerate any form forced or bonded labor, slave labor and any form of human trafficking. Workers must be allowed to move around freely and leave their place of work when their working hours end.

2. Non-Harassment

• PMSB is committed to maintaining a fair and equitable environment which is free from discrimination and/or harassment in line with its obligation under Malaysian Law. The company will not tolerate discrimination against employees, volunteers or agency clients;

• PMSB must protect workers from any acts of physical, verbal, sexual or psychological harassment, bullying, abuse or threats in the workplace by either their fellow employees or managers;

• Harassment or intimidation of a client, staff person or guest because of that person’s race, color, sex, religion, gender, age, national origin, disability or marital status is specially prohibited and may be grounds for termination;

• Harassment and intimation include abusive, foul or threatening language or behavior;

• Harassment on any basis (race, color, religion, national origin, gender, age, disability, sexual orientation, marital status, social background etc.)

 

3. Freedom of Association and Collective Bargaining

PMSB must respect employees’ rights to form, join or not join a labor union, or other organization of their choice, and to bargain collectively in support of their mutual interests without fear of punitive actions such as intimidation, harassment or termination of employment. 

Human Rights Grievance Handling Process

In recognition of the value of clearing up misunderstandings and grievances and to preserve a harmonious and conducive working environment, every reasonable effort shall be made to resolve such misunderstandings and grievances equitably and as quickly as possible. Grievance will be processed according to the following procedure with the aim of reaching agreement at the lowest possible level and of maintaining continuous good relations. PMSB have channels such as the Ethics Counseling Center (helpline) and the Center for Reporting Unethical Behavior (hotline) for the adversely affected individuals and local communities, and we try to promptly address and remedy any issues raised. We strictly adhere to the system of protecting those who file a grievance so that none of our employees and stakeholders will be subject to any disadvantage.
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