TCC Group Holdings, guided by a "people-oriented" philosophy, considers all employees as part of a "family" where mutual care and shared prosperity are paramount. The company strictly prohibits child labor, human trafficking, and forced labor, adhering to all relevant wage and hour regulations to ensure fair and timely payment of living wages. Additionally, we provide a safe and health-promoting work environment, supporting employees in maintaining good physical and mental health as well as achieving work-life balance.
2020 | 2021 | 2022 | 2023 | |
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Total Revenue (Thousand NTD) | 105,911,223 | 107,041,452 | 113,929,706 | 109,314,335 |
Total Operating Expenses (Thousand NTD) | 5,766,267 | 6,863,624 | 8,973,011 | 10,503,609 |
Total employee-related expenses (salaries + benefits) (Thousand NTD) | 7,215,173 | 8,668,722 | 9,848,683 | 10,679,971 |
HC ROI | 14.9 | 12.6 | 11.7 | 10.3 |
Rightsholders | Scope |
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Employees |
Year 2023: 100% operational sites (including Taiwan, Mainland China, subsidiaries, affiliated enterprises) and joint ventures
Year 2024: Introducing CSDDD, TCC Headquarters, Suao Cement Plant, Hoping Cement Plant, Taiwan RMC Plants & business relationships (e.g. new business relations like joint ventures/acquisitions)
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Supplier (Contractors included) |
Year 2023: Through sustainability self-evaluation questionnaire, as well as written or on-site reviews, the implementation of supplier human rights protections is examined. It is announced at the Supplier Convention that a human rights due diligence investigation will be initiated in the following year
Year 2024: Expanded to contractors in Taiwan
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Community | Communities near cement plants and RMC plants in Taiwan |
Indigenous Peoples | Tribes near cement plants in Taiwan |
Customers | Customers in Taiwan |
Description | |
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Step 1 Identify Issue |
|Collect various human rights and environmental issues that may affect different rightsholders
|This due diligence references guidelines and conventions from the United Nations, EU, OECD, and the International Labor Organization to compile relevant issues
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Step 2 Assess Risk |
|Consult rightsholders to assess the risks to human rights and environmental matters. To effectively assess risk, prioritize the most significant risks based on their severity and likelihood
|The rightsholders consulted in this due diligence include their employees, surrounding community residents, indigenous peoples, customers, etc
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Step 3 Prevention and Mitigation |
|Cease adverse impacts and prevent potential adverse impacts. If adverse impacts persist, despite prevention measures, further mitigation is required
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Step 4 Regular Track |
|Periodically evaluate the effectiveness of measures to prevent or mitigate adverse impacts
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Step 5 Communication and Disclosure |
|Communicate with rightsholders and disclose all relevant information
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Step 6 Remediation Mechanism |
|Provide remedial measures for any adverse impacts that have occurred
|Establish a company grievance mechanism
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Rightsholders | Questionnaire Collection Status |
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Employees |
Since this is the first execution of human rights and environmental due diligence, and employees are vital rightsholders, the census method was used for the questionnaire distribution. The effective response rate was 94%
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Community | The effective response rate was 84% |
Indigenous Peoples | The effective response rate was 86% |
Customers | The effective response rate was 81% |
Suppliers | The effective response rate was 96% |
According to the OECD Due Diligence Guidance for Responsible Business Conduct, gender factors must be incorporated into due diligence, as women may face different potential or actual human rights impacts compared to men. Therefore, the risk ranking of key issues for employees will be analyzed separately for all employees and female employees
After analyzing the human rights and environmental risks for all employees, the key issues identified include whistleblower protection, training and education, bullying and harassment, collective bargaining, working hours, occupational safety and health, equal remuneration, wage and benefits, and forced labor/human trafficking
The analysis of human rights and environmental risks for female employees showed that key issues are generally similar to those for all employees. The difference is that female employees considered bullying and harassment as significant issues due to their severity when they occur. Additionally, privacy rights and discrimination are also important human rights issues for female employees
The analysis of human rights and environmental issues for the community residents highlighted that they prioritize environmental issues, including environmental degradation, waste management, land use, water resources, biodiversity, and climate change
The analysis of human rights and environmental issues for indigenous peoples identified key issues including indigenous rights, biodiversity, environmental degradation, waste management, land use, water resources, and climate change
The analysis of human rights and environmental issues for customers shows that key issues include fair trade/information disclosure and climate change
The analysis of human rights and environmental issues for suppliers identifies key risk issues, including occupational health and safety, bullying and harassment, climate change, working hours, environmental degradation/ waste/land use
Rightsholders | Issue | Prevention/Mitigation/Remediation Measures | |
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Employees | Whistleblower Protection | Prevention | TCC provides employees with various channels to express their opinions. A dedicated committee, following the "TCC Group Employee Opinion Complaint and Handling Guidelines" and the "Anti-Discrimination and Anti-Harassment Policy," takes appropriate protective measures to safeguard the personal information and privacy of whistleblowers or complainants |
Worker Training and Education | Prevention |
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Occupational Health and Safety | Remediation |
In 2023, TCC reported 13 minor work-related injuries in Taiwan and Mainland China.
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Prevention |
Hazard Identification& Risk Assessment
For more details, please refer to pages 145-146 of the 2023 TCC Sustainability Report
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Collective Bargaining | Prevention |
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Working Hours | Remediation |
Labor working hours violations in Taiwan: 1 case
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Prevention |
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Wage and Benefits | Prevention |
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Forced Labor Human Trafficking | Prevention | Annual human rights protection training | |
Female Employees | Bullying and Harassment | Prevention |
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Discrimination | |||
Privacy | |||
Equal remuneration | Prevention | TCC Group Holdings adheres to the principle of sharing operational performance and has formulated a compensation policy where employee salaries are determined based on their performance, job responsibilities, and other comprehensive factors. Discrimination based on personal characteristics such as gender (including sexual orientation), race, class, age, marital status, language, ideology, religion, political affiliation, birthplace, appearance, facial features, or disabilities is strictly prohibited | |
Community | Water resource | Prevention |
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Waste | Remediation |
Waste Disposal Act violations in Taiwan: 1 case
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Prevention |
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Environmental Degradation | Prevention |
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Biodiversity | |||
Land Use | |||
Climate Change | Prevention |
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Indigenous Peoples | Indigenous Peoples | Prevention |
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Customers | Fair Trade / Information Disclosure | Remediation |
Anti-competition or anti-trust: 1 case(Legal remedies filed)
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Suppliers (Migrant workers) | Occupational Health and Safety | Prevention |
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Bullying and Harassment | |||
Climate Change | |||
Working Hours | |||
Environmental Degradation / Waste / Land Use |
◤ | Coverage Ratio: In 2023, the number of employees surveyed reached 7,559, with a coverage rate of 97% in Taiwan (affiliates included) and 94.5% in Mainland China | ||||||||||||||||||||||||||
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Company Recognition: In 2023, the engagement score is 4.648 points (out of 5 points). The engagement score of Taiwan (affiliates included) is 4.526 points; the engagement score of Mainland China is 4.670 points
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◤ | Retention Rate: In 2023, the retention rate was 69.31% (Retention Rate = 1-Turnover Rate) Taiwan: 90.92%; Mainland China: 64.49% | ||||||||||||||||||||||||||
◤ | Major economies around the world are facing inflation, and Mainland China is experiencing severe structural changes. The total profit of the cement industry has reached its lowest point in 16 years, and the profit margin of sales is far below the average level of industrial enterprises. Therefore, there is a necessity for manpower adjustment. TCC Group Holdings adopts a diversified approach to maximize employment needs for its employees. This includes encouraging taking leave as a priority, entrusting some cement plants to peers in the form of management to leverage market synergies, or providing applications for second skill training for job transfers, cross-regional or cross-industry reassignments, etc. Only when it's absolutely necessary to reduce the significant financial impact on operations will corresponding manpower reductions be made to maintain the basic survival of the enterprise. | ||||||||||||||||||||||||||
◤ | Employee Turnover Rate
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Targets: By 2025 Share of Women in
Performance in 2023
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◤NHΩA
Established a Three-year Scholarship for female students in STEM with the Polytechnic University of Milan
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Share of employees of indigenous origin in total workforce (Taiwan): 7.3% from Truku, 2.7% from Amis, 1.7% from Atayal, 0.5% from other indigenous people; in all management positions: 0.4% from Truku, 0.8% from Amis
Share of employees of indigenous origin in total workforce (Mainland China): 6% from Zhunag, 5.2% from Miao, 2.1% from Dong, 2.2% from other indigenous people; in all management positions: 3% from Zhunag, 2% from Miao, 2% from other indigenous people