respect for human rights
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Respect for Human Rights
TIPCO Asphalt Group respects human rights in accordance with international principles to promote peaceful cohabitation in society
GRI 401-3, GRI 405-1, GRI 405-2, GRI 412-2 and GRI 412-3
ISO 26000 and TLS 8001
Management approach
The Group is committed to human rights management throughout our value chain guided by our Human Rights Policy in accordance with UN Guiding Principles on Business and Human Rights (UNGP). In order to minimize human rights violations and related risks across our value chain, we conducted Human Rights Due Diligence Processes: identification of human rights issues, impacted stakeholders, control and mitigation plans, and progress monitoring. We ensure human rights protection with no abuses across our business operations.
Policy : Human Rights Policy (Link PDF)
Stakeholders :
Employee, Customer, Road User a, Community/Society, Children Supplier and Partner
Short-term goals :
1. Zero Case of human rights-related issues from any corporate channels
Long-term goals :
1.Provide Knowledge sharing regarding human right topics for management and all employees
2.Ensure up-to-date Human Rights Policy with global standards
2024 Keys Performance:
- Zero complaints regarding Human right from all complaint channel
Human Rights Materiality Issues :
There are a total of 16 issues identified across related stakeholder groups: i.e., risks relating to employee, customer, business partner, and road user/community. All of risk issues were assessed and considered as medium level. After control measures were taken into consideration, there were 13 risks remaining within the corporate risk appetite. One of the risks requires follow-up with customers while another one requires follow-up with community. There is one customer safety issue that requires further risk control measures
Risk | Impact | Management Approach |
|---|---|---|
Road Construction
Training for Customers  | Improper product use and product quality can impact corporate reputation. For instance, asphalt paving during heavy rain can cause leakage to local area nearby | – Provide product use training for site
workers and their supervisors – Share knowledge on climate change and impact to asphalt workers – Assess operational risks during extreme weather conditions (heavy rain and storms) |
Safety and Occupational
Health of Customers  | Potential accidents from operations
by contractors: – Using improper equipment during asphalt paving – Road traffic around work sites | – Train customers and their workers on
the proper use of equipment and safety – Provide safety training for security officers by technical services team |
Safety and Well-being
Of Road Users and
Communities  | Potential dangers, injuries, and
fatalities of road users and passengers
due to unsafe roads in local
communities | – Demonstrate road maintenance practice
to government authorities and students
interested in social activities – Share knowledge through various channels to keep roads safe while saving cost on minor road maintenance |