Laos Sustainability Report slide image

Laos Sustainability Report

10 11 Sustainable development topics The company's CSR topics cover international CSR standards like ISO26000 and GR14.0, national policy requirements, concern points of public opinion, corporate topics of the same industry, and the company's development plan, hence forming a topic pool. Firstly, form general topics by referencing national policy requirements and concern points of public opinion; Secondly, form industrial topics by analyzing topics of companies from the same industry; Thirdly, form PowerChina CSR topics considering the company's development plan and operation practice. Create a topic selection matrix based on two dimensions of "importance to PowerChina" and "importance to external stakeholders", and prioritize topics in the topic pool to generate the following matrix: High Importance to external stakeholders Low • Promote ecological protection • Conduct public welfare activities • Improve environmental management • Manage social responsibility Sustainable development communication Based on the company's actual operations situation, PowerChina has established an extensive stakeholder communication system, studied in-depth issues that stakeholders are concerned about, and turned the demands of stakeholders into CSR actions and solutions. Furthermore, through various channels, the company communicates CSR concepts and performance status to stakeholders, makes efforts to win the understanding and support of stakeholders, and improves the satisfaction level of stakeholders. Stakeholders Expectations for the Company Chinese government Laotian government Shareholders •Conduct legal and compliant operations 8 = Customers • Integrate into local development • Guarantee project quality • Innovate engineering technology ⚫Guarantee production safety • Protect employees' rights and interests •Care for employees' life • Develop employees' career Importance to PowerChina High Laotian employees Chinese employees Community Supply chain Environment Responding to the "Belt and Road" initiative Enhancing connectivity Conducting operations with integrity Paying taxes according to the law Boosting local employment Protecting local environment Increasing or maintaining the value of assets Avoiding economic risks Maintaining information communication Guaranteeing project quality Improving customer service Innovating engineering technology Respecting religious belief and ethnic culture Guaranteeing employees' rights and interests Ensuring employees' career development Helping employees in need Caring for employees Guaranteeing basic rights and interests Increasing salary and benefits Guaranteeing physical safety Ensuring employees' career development Balancing work and life Supporting community education and cultural development Respecting local ethnic customs Ensuring residential environment Maintaining smooth communication Complying with business ethics Open, fair and equitable purchase Mutual benefits and win-win Company's Response Regular reports, special reports, Attendance of relevant conferences and forums Complying with international conventions and local laws and regulations Paying taxes on time and according to the law Localized employee management Acceptance of supervision and appraisal Enhancing economic benefits Strengthening risk control Communicating in writing regularly Constructing a quality management system Following up with the property owner's feedback in a timely manner Encouraging employee innovation Respecting employees' religious belief and activities Purchasing medical and social insurance Conducting training and appraisal in career development Making donation for employees in need Conducting employee activities Purchasing medical and social insurance Increasing the frequency and length of annual leave Enhancing production safety management Guaranteeing career development channel Organizing celebration activities for major holidays Carrying out community public welfare activities Sponsoring local major holidays and activities Aiding the construction of resettlement villages Establishing a community communication mechanism Abiding by local environmental protection laws and regulations Conducting energy conservation and emission reduction Protecting ecological environment Implementing sunshine purchase Publicizing purchasing information Building a strategic cooperation platform Establishing and improving environmental management system Strictly implementing energy conservation and emission reduction measures in production Carrying out environmental protection public welfare activities Power Construction Corporation of China Laos Sustainability Report
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