TH | TH

ESG

Environment, Social & Governance

Environment Policy

NRER strives to undertake all of its business activities in an environmentally responsible manner to manage the environment effectively and efficiently, improve company performance, and reduce risks & liabilities through the systematic application of good management practices.

We aim to identify, minimize, and control adverse impacts on human health and the environment by providing clear, standardized and structured procedures to manage these risks and setting out responsibilities thereof, for example, by managing pollution and resources from the Project activities, including emissions, water discharges, and reducing the amount of waste generated.

We also recognize the urgency of tackling climate change and the need to curb emissions, for which we will implement measures to reduce carbon emission intensity of our operations toward the set targets.

NRER’s Commitments

  • Establish an Environmental and Social Management System (ESMS) that is consistent with the IFC Performance Standards and applicable international and national requirements;
  • Comply with the national and local environmental laws and Project consents / approvals;
  • Integrate environmental management plans into all Project phases of design, construction, operation and decommissioning to avoid, minimize and mitigate environmental impacts wherever possible;
  • Strive toward responsible operational ambition by driving continuous performance improvement through setting of ambitious targets related to pollution emission reduction and efficient resource utilization;
  • Ensure that environmental control measures are effectively implemented within NRER and its contractors and suppliers through systematic monitoring and reporting of environmental performance; and
  • Ensure that this policy is adhered to by NRER and its contractors and suppliers as well as communicated to all relevant stakeholders, as appropriate.

Labour Policy

We believe that every person deserves the right to be treated with dignity. Respect for human rights is a pillar of our core values, and we strive for full compliance with the local regulations, International Labour Organization (ILO) Core Labour Standards and ILO Basic Terms and Conditions of Work, as well as the International Bill of Human Rights in line with the UN Guiding Principles on Business and Human Rights. We ensure that our employees and contractors’ employees will have fair treatment, non-discrimination, and equal opportunity.

Health & Safety

We apply consistent health and safety standards for all activities during project development, construction, and operation, with the aim to provide a safe and healthy working environment, and prevent any incidents that may harm our staff, contractors or nearby communities. We maintain a culture where our employees and contractors understand and minimize the safety risks in their day-to-day work practices, are responsible for their safety, and intervene to protect others. We also implement an occupational health and safety (OHS) management system that is founded on the Occupational Health and Safety Assessment Series (OHSAS) 18001 Occupational Health and Safety Management System model, WBG EHS Guidelines, and the IFC PS.

Corporate Governance

We conduct all of our business activities with the highest level of corporate governance, in line with applicable country regulations. It is the policy of the Company that all of its respective officers, directors, employees, contractors, consultants and agents representing the Company or any of its subsidiaries and affiliates shall comply fully with all applicable provisions of the United States Foreign Corrupt Practices Act of 1977, as amended ("FCPA"), the U.K. Bribery Act of 2010 ("UKBA"), the Singapore (i) Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, (ii) Prevention of Corruption Act and (iii) Penal Code, as amended (“CDSA”), Act Supplementing the Constitution Relating to the Prevention and Suppression of Corruption B.E. 2561 of Thailand, as amended (“Anti-Corruption Act 2018 of Thailand”) and all other applicable anti-corruption and / or anti-bribery legislation applicable to the Company (whether by virtue of any of its respective jurisdictions of incorporation or the conduct of its business operations).

For further enquiry and feedback regarding our Social and Environmental, please contact our Social and Environmental Division as on the contact address or email us on: info@nexifratch.com