True Corporation Proactively Implements 360-Degree Human Rights Assessments, Elevating Partners and Suppliers to International Business Standards

Economy News Thursday October 17, 2024 13:57 —PRESS RELEASE LOCAL

True Corporation Proactively Implements 360-Degree Human Rights Assessments, Elevating Partners and Suppliers to International Business Standards

The rapid growth of artificial intelligence (AI) and emerging technologies has dramatically increased the potential for human rights violations, particularly in the telecommunications and digital technology industries. This issue has become a new risk in both the online and offline worlds, resulted in a variety of cyber threats. These include tactics such as dataveillance, violations of data privacy, deepfake impersonations, misinformation and disinformation, and even internet shutdowns, which have occurred more than 182 times across 34 countries. These actions directly impact the fundamental human rights of freedom of expression and access to information.
Comprehensive Guide: How to Check! Using HRDD - A 360-Degree Human Rights Assessment Tool
True Corporation, as a leading Thai tech company and one of the founding members of the UN Global Compact Network Thailand (UNGCNT), has consistently studied human rights issues and emerging challenges in the rapidly evolving technological landscape. The company has established comprehensive human rights policies and guidelines based on international standards, such as the UN Global Compact, the UN Universal Declaration of Human Rights, and the ILO Core Conventions. These policies cover various groups, including employees, communities, customers, partners, and vulnerable groups such as children, women, people with disabilities, ethnic minorities, those with diverse gender identities, and migrant workers. True Corporation has also implemented a Human Rights Due Diligence (HRDD) process to be conducted every two years as part of its business operations. Additionally, this process has been expanded to encompass the entire supply chain, focusing on 100% of key partners to align with international standards. The goal is to identify, prevent, mitigate, and manage human rights impacts to reduce the risk of violations effectively. This HRDD tool is built on a 5-step process designed to ensure a comprehensive approach to human rights protection, comprising:

  • Policy commitment: Announce the company's policy and principles regarding the respect for human rights.
  • Assess actual and potential impacts: Evaluate human rights issues and risks through an external consulting firm, covering 100% of True's operations and related stakeholders throughout the value chain.
  • Integrate finding & take appropriate action: Integrate the policy with the assessment of internal and external control mechanisms, including joint ventures, and implement risk mitigation measures to address future challenges.
  • Trace & communicate performance: Monitor and report performance results through easily accessible communication channels that can be reached at any time.
  • Remediate adverse impacts: Correct and provide remedies as well as review human rights policies and various requirements to align with business processes and stakeholder expectations every year.
  • Additionally, True Corporation has implemented a Business Partner Code of Conduct that requires all of its 1,446 partners to sign and acknowledge. These partners must also undergo an online assessment, and those who fail to meet the assessment criteria will not be able to engage in business transactions with True.
    Managing 3 Key Issues for the Well-being of All Groups, Creating Sustainable Value

    In 2024, over 40% of True's 42 key direct suppliers have undergone the human rights risk assessment process. A specialized human rights consulting firm was hired to conduct the assessment to ensure transparency. Out of 28 identified issues, 3 salient issues were found to have significant business impact:

  • Health and safety of suppliers and subcontractors
  • Responsible procurement
  • Data privacy and personal data breaches of suppliers
  • True has jointly established guidelines with its suppliers to reduce risks, as well as methods for prevention, monitoring, inspection, correction, and remediation, rigorously and continuously. This aims to drive tangible results, such as in 2023, when the number of work-related injuries among key direct suppliers and contractors decreased to 45 cases from 73 cases in 2022.

    At the same time, True has increased the evaluation of human rights risks in its personal data protection processes for the company's customers, aiming for 100% assessment whenever there are requests for personal data access from internal departments or government agencies. In addition, True has revised all customer data consent forms to comply with the PDPA (Personal Data Protection Act) and to enhance customer confidence.

    True Corporation is committed to achieving its sustainability goal in human rights and labor practices, which is one of the 14 long-term goals. The company aims to complete 100% of human rights assessments for both the organization and its key direct suppliers, with annual on-site inspections. If any supplier is found not to comply with governance principles, their contract will be reviewed or terminated. The company aspires to become a globally recognized leader in sustainability in the telecommunications technology industry by 2030. For more information about True Corporation's sustainability operations, please visit https://www.true.th/sustainability/

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