Goal and Performance Highlights

Goal

Mandates that employees receive occupational safety training
Workplace Accidents
Zero

Performance 2024

Work Related Injuries

Operating Performance Target 2024
Employees Construction Sites /4
No. of incidents Ratio No. of incidents Ratio
Injury Rate /1 0 0 0 0 0
Occupational Diseases Rate /2 0 0 0 0 0
Lost Time Injury Frequency Rate (LTIFR) /3 0 1 0.12 0 0
Fatality 0 0 0 0 0

Remark:

/1 Injury Rate calculated by multiplying the number of injuries by 200,000 (200,000 is the standard number used for calculation from OSHA (The Occupational Safety and Health Administration)) divided by total hours worked.

/2 Occupational Diseases Rate calculated by workers suffering from occupational diseases divided by the product of the total hours worked by 200,000 (200,000 is the standard number used for calculation from OSHA (The Occupational Safety and Health Administration)).

/3 Lost Time Injury Frequency Rate: (No. of injury * 200,000) / No. of working time.

/4 Construction Sites for projects under construction.

Commitment, Challenge and Opportunity

The Company is committed to continuously ensuring occupational health and safety in accordance with corporate governance principles and relevant laws. The Company strives to create a safe working environment, prevent workplace accidents and occupational diseases, and promote training programs to enhance safety awareness among employees and all stakeholders.

Nevertheless, the management of occupational health and safety continues to face challenges arising from unpredictable risks such as construction site accidents, environmental changes, and the need to instill discipline and collaboration among employees and business partners to strictly comply with safety measures.

On the other hand, advancing occupational health and safety standards presents opportunities to reduce losses, strengthen stakeholder confidence, and enhance the Company’s reputation as a socially and environmentally responsible real estate developer. These efforts are aligned with SDG 3: Good Health and Well-Being and support the Company’s long-term sustainable growth.


Management and Operational Approach

Occupational Health and Safety Policy

The Company considers occupational health and safety (OHS) a critical aspect of its operations, focusing on effective health and safety management and the prevention of work-related injuries and illnesses. It is committed to protecting employees and all stakeholders, including contractors, suppliers, customers, and communities from occupational risks. The Company aims to provide a safe and healthy work environment by strictly complying with relevant laws and standards, continuously improving safety measures, and fostering employee engagement and awareness through training and active participation.

The Company’s OHS management framework includes the following key principles:

  1. Management Involvement: played an active role in promoting workplace safety and health, emphasizing the importance of collective responsibility and ensuring adequate resources are allocated to support safety initiatives.
  2. Risk Assessment: Potential hazards arising from the Company’s activities, whether at construction sites, factories, sales offices, or the headquarters are identified to establish preventive and risk reduction measures.
  3. Policy and Goal Setting: The Company has implemented an occupational health and safety policy aligned with operational practices and in full compliance with applicable laws, regulations, and standards. The goal of zero workplace accidents has been clearly defined.
  4. Work Planning: Responsibilities related to occupational health and safety are assigned to relevant departments. Both preventative and corrective action plans are developed to ensure effective management of potential incidents or hazards.
  5. Training, Awareness, and Engagement: Relevant departments are responsible for training employees and stakeholders to raise awareness of safety procedures, proper conduct, and active participation in hazard reporting and continuous improvement of OHS practices.
  6. Monitoring, Evaluation, and Continuous Improvement: Regular monitoring, evaluation, and reporting ensure the Company’s OHS practices are consistently reviewed and enhanced. Findings from safety reports are used to implement and refine effective safety measures. Occupational health and safety matters are reported to the Executive Committee on an annual basis.

Occupational Health and Safety Practices in Construction Projects

The Company places strong emphasis on strict compliance with all relevant occupational health, safety, and environmental laws and regulations during construction projects. Construction sites are required to conduct environmental impact assessments (EIA) and designate personnel responsible for occupational health and safety management. The working environment must be controlled to ensure safety for all stakeholders, and appropriate safety equipment and protective measures must be in place. Key practices include:

  • Conducting annual health check-ups for construction workers at least once per year.
  • Providing first aid rooms or first aid kits on-site as required by law.
  • Assigning certified safety officers and security personnel to the site.
  • Organizing training for workers and ensuring compliance with the Safety, Occupational Health, and Environmental Manual.
  • Performing regular inspections of machinery and equipment according to safety and occupational health guidelines for construction work environments.
  • Ensuring the availability of personal protective equipment (PPE) on-site.
  • Regularly inspecting the effectiveness of all protective equipment.
  • Installing safety signs and warning signals around construction areas.
  • Managing parking facilities for trucks transporting construction materials and shuttle vehicles for workers.
  • Maintaining cleanliness and orderly arrangement of materials and equipment, prohibiting installation, stacking, or erecting structures in public areas.
  • Providing adequate lighting around construction sites and ensuring proper ventilation according to the Ministry of Interior regulations.
  • Regularly inspecting sanitary systems, including clean drinking water, water for general use, and proper waste disposal facilities.
  • Procuring accident insurance for the project to cover bodily injuries and damage to neighboring properties.
  • Recording and maintaining statistics on accidents and health issues among construction workers and displaying accident statistics at the project entrance.

Occupational Health and Safety Practices in Office

  • Annual health check-ups.
  • Employees are covered by health and accident insurance arranged by the Company, with access to designated hospitals.
  • The Company offers annual influenza vaccinations for interested employees.
  • Office workspaces are equipped with adequate and appropriate lighting, with the selection of lighting types suited to the nature of employees’ tasks.
  • Sufficient and appropriate ventilation systems are installed, ensuring proper airflow throughout office areas.
  • Provide a fire prevention and suppression plan in the workplace.
  • Install electrical devices and equipment by taking account of the safety of users and prevent fire. Appropriate Protective Safety Guards must be installed in the Company.
  • Install adequate fire alarm equipment in the working area as appropriate.
  • Install a suitable quantity of fire extinguishers at each position. The portable fire extinguishers must be kept in good working order and must be maintained to ensure that the amount and pressure of fire extinguishing agents are always ready to use.
  • Provide suitable fire exits which are convenient to evacuate quickly in the event of a fire.
  • Provide emergency exit signs and other signs indicating proper fire escape directions.
  • Provide fire drills and annual fire evacuation.
  • Arrange the security guards be on duty 24 hours to ensure safe environment and install the CCTVs to check images and sound. Install finger and face scanner before entering the Company.
  • Provide access control system to control elevator operation for the headquarters at Noble Building.
  • Install finger and face scanner before entering the Company.

For 2024, the Company has assessed the health risks of employees as follows:

  • The Company measured the lighting used in work and made plans to increase lighting, including replacing fluorescent bulbs with LED bulbs.
  • The Company analyzed and assessed risks arising from the work of the project operation team, resulting in the determination of the standard equipment in the distribution of PPEs.

Stakeholders Directly Impacted

Executives & Employees
Executives & Employees
Customers
Customers
Community & Society
Community & Society
Government Agencies
Government Agencies
Investors & Shareholders
Investors & Shareholders
Suppliers & Contractors
Suppliers & Contractors
Creditors
Creditors
Competitors
Competitors