Corporate Social Responsibility
Labor Rights and Benefits
Feng Tay Enterprises Human Rights Policy
The Company and its subsidiaries (hereinafter collectively referred to as the “Group”) comply with all applicable laws and regulations in the jurisdictions in which we operate. We also continuously refer to internationally recognized human rights standards, including the Universal Declaration of Human Rights, the UN Guiding Principles on Business and Human Rights, and the core conventions of the International Labour Organization (ILO). To fully uphold our corporate responsibility to respect and protect human rights, this Human Rights Policy is hereby established. This Policy also serves as the foundation for the Group’s relevant management systems and internal regulations.
The Group is committed to integrating human rights, non-discrimination, and diversity and inclusion considerations into all aspects of its operations. This Policy applies to all employees, customers, suppliers, business partners, as well as the communities and societies in which the Group operates. The Group adheres to and implements the following core principles of human rights management:
Prohibition of Forced Labor and Child Labor:
The Group ensures that all employment relationships are voluntary, eliminates all forms of forced labor, and complies with the minimum employment age as stipulated by applicable laws and regulations.
Fair Compensation and Reasonable Working Hours:
The Group provides wages and benefits in accordance with legal requirements, clearly defines working hours and overtime systems, and ensures that overtime does not exceed statutory limits.
Non-Discrimination and Equal Opportunity:
The Group provides equal employment opportunities and treatment, with hiring and compensation based on qualifications and performance. No discrimination shall be made on the basis of gender, race, religion, age, disability, sexual orientation, pregnancy, marital status, family responsibilities, nationality, political affiliation, union membership, social background, or any other status protected by law. The Group respects the diversity and uniqueness of every employee.
Prohibition of Workplace Bullying and Sexual Harassment:
The Group strives to create a respectful and safe workplace environment and prohibits any form of threats, harassment, bullying, abuse, or other unlawful conduct.
Healthy and Safe Working Environment:
The Group provides a safe, hygienic, and healthy workplace. It establishes occupational health and safety policies and an Occupational Health and Safety Committee to continuously improve working conditions and safeguard employees’ physical and mental well-being.
Freedom of Assembly and Association:
The Group respects employees’ rights to form or join trade unions in accordance with applicable laws and to engage in collective bargaining.
Accessible Communication and Grievance Mechanisms:
The Group establishes diverse and accessible communication and grievance channels for both internal employees and external stakeholders, ensuring confidentiality and protection against retaliation.
Personal Data Protection and Information Security:
The Group respects the right to privacy and ensures that the collection, processing, and use of personal data and business information comply with applicable laws and regulations, while strengthening information security management.
The Group provides diverse communication platforms and effective grievance mechanisms for stakeholders and has established a human rights due diligence process to regularly identify and assess human rights risks and implement appropriate management measures. In cases of suspected or actual human rights violations, prompt investigations will be conducted, and appropriate remedial and corrective actions will be taken.
This Policy is promoted and implemented by the Group’s management, with oversight by the Board of Directors or its authorized representatives. Its implementation will be reviewed periodically and continuously improved in accordance with legal requirements, international human rights developments, and stakeholder feedback.
Environmental, Safety and Health
Personnel of ESH are appointed at the Headquarters and factories to execute routine ESH operations, protect workers' rights, and minimize safety and health hazards at workplace. All new employees are given basic safety and health trainings within one month of the start of employment. Special safety and health trainings are required prior to using specific type of equipment or performing certain tasks.
In 2025, the total work hours were 270 million hours, the number of recordable occupational injuries was 89, and the frequency rate was 0.33, 27% higher than in 2024. There were four cases in Vietnam. There were no fatal accident cases due to occupational injury in 2025. To reduce injury risk, we inspected nearly ten thousand high-risk machines in 2016, conducted risk assessments on the safety features of these machines, and made improvements accordingly. We completed safety upgrades for 14 types of high-risk machines in 2025, with a total of 1,104 machines.
Since 2017, we have been creating standard instructional diagrams for high-risk machines, which fully illustrate the prescribed safety measures and make existing and newly purchased machines at all factories comply with the Group standards. The standard instructional diagrams were created for 115 types of machines in 2025.
Manufacturing processes and equipment layout are designed ergonomically to minimize injuries from sustained postures. Personal protective equipment is provided to employees for protection when performing special tasks. And warning signs are posted at high-risk workplaces to remind operators to wear protective gear, thereby reducing exposure to hazards. The ESH committee is established at the Headquarters and all factories; the committee meets at least once per month. The meeting agendas include investigation of on-site occupational injuries, review on implementation of preventive measures, and discussions of ESH projects and safety awareness promotional activities. To provide a more friendly work environment, quarterly ESH inspections are conducted and deficiencies found during the inspections are promptly corrected. Emergency contingency plans were drawn up at the Headquarter and each factory based on the potential risks of the workplace and the surrounding environment. Evacuation drills are conducted every six months, and firefighting equipment maintained periodically.