VALUE THROUGH INNOVATION
RosVN3
RosVN3
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Regulatory<br />
Environment<br />
& Future Proofing Response<br />
Labor & Immigration<br />
Shareholders<br />
Shareholders<br />
expectation on<br />
disclosures is<br />
increasing<br />
Companies will<br />
be expected to<br />
contribute to local<br />
economy<br />
One ITS shareholder<br />
suggested that<br />
disclosures be on par<br />
with listed entities<br />
and transparency<br />
be practiced with<br />
customers too<br />
Environment<br />
Regulations will<br />
continuously<br />
increase in rigor in<br />
Thailand<br />
Regulations<br />
related to product<br />
responsibility &<br />
related disclosures<br />
will increase<br />
in developed<br />
countries and also<br />
in developing<br />
country markets<br />
Customers will face<br />
significant rigor<br />
in environmental<br />
regulations<br />
Climate mitigation<br />
regulations may<br />
not significantly<br />
impact<br />
manufacturing<br />
but disclosures<br />
will be required<br />
in product<br />
declarations<br />
Regulations on<br />
recyclability and<br />
textile (synthetic/<br />
non-renewable)<br />
waste disposal will<br />
become stringent<br />
Immigration<br />
from Myanmar,<br />
Cambodia<br />
etc. could be<br />
regularised<br />
Regulations related<br />
to work conditions<br />
and wages will be<br />
more stringent<br />
Regulations on<br />
immigration /work<br />
visas etc. will be<br />
more stringent<br />
Regulations related<br />
to employing/<br />
non-discrimination<br />
of differently abled<br />
personnel may<br />
come up.<br />
Diversity related<br />
regulations for<br />
boards and<br />
executive are likely<br />
in Thailand<br />
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 60
Change language