Communication on Progress
- Participant
- Published
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- 05-Jun-2017
- Time period
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- May 2016 – May 2017
- Format
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- Stand alone document – Basic COP Template
- Differentiation Level
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- This COP qualifies for the Global Compact Active level
- Self-assessment
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- Includes a CEO statement of continued support for the UN Global Compact and its ten principles
- Description of actions or relevant policies related to Human Rights
- Description of actions or relevant policies related to Labour
- Description of actions or relevant policies related to Environment
- Description of actions or relevant policies related to Anti-Corruption
- Includes a measurement of outcomes
- Statement of continued support by the Chief Executive Officer
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Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.
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March 31st 2017
To our stakeholders:
I am pleased to confirm that Myanma Awba Group reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labor, Environment and Anti-Corruption.
In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communication.
Sincerely yours,
Thadoe Hein
Chief Executive Officer
- Human Rights
- Assessment, policy and goals
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Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.
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- During this year we refocused our efforts on Health Safety and Environment hiring strengthening our team
- The team is focusing on strentghening the working environment in the factories reducing harm.We are in process of implementing new processes for HSE in the company.
- We have also implemented safe environment regulations led by our involvement with the IFC
- Implementation
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Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.
- No answer provided.
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
- No answer provided.
- Labour
- Assessment, policy and goals
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Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.
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- We have started to develop a performance management system to increase the objectiveness of our assessment
- We are also audited to make sure that we comply with all relevant country and IFRS standards
- Implementation
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Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.
- No answer provided.
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
- No answer provided.
- Environment
- Assessment, policy and goals
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Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.
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-As mentioned above, we have strengthened our HS&E team to make sure that our factory is better compliant with all environment issues and community engagement programs
- We have developed a consistent way of testing for environment issues and have run the necessary fire and other drills. We have also provided regular training in this regard to our employees.
- Implementation
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Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.
- No answer provided.
- Measurement of outcomes
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Description of how the company monitors and evaluates environmental performance.
- No answer provided.
- Anti-Corruption
- Assessment, policy and goals
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Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.
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- We continuously discuss corruption and the way to avoid it in our management meetings
- We always raise our ethics in our discussion with partners, and have anti corruption clauses in our engagment with IFC and have relevany Code of Ethics for our company
- Implementation
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Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.
- No answer provided.
- Measurement of outcomes
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Description of how the company monitors and evaluates anti-corruption performance.
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- Out top management is very diverse, of 6 different countries ranging from age 36 to 54 we have about 20%women across our work force.
- Rate of occupational diseases, injuries, and absenteeism have reduced to around 15%
- Percentage of recycled materials