Yang Ming’s Human Rights Policy

■ Human Rights Policy and Declaration
Yang Ming has operated worldwide for a long time and has been dedicated to respecting and maintaining internationally acknowledged human rights and ensuring the compliance of business activities with local laws and regulations as well as international standards, thereby providing a fair and equal working environment and making sure that the rights and interests of our employees and partners are respected and protected. When it comes to human rights, we respect and protect all internationally acknowledged human rights and never engage in any activities that neglect and involve human rights violations. The Company’s Human Rights Policy has been developed based on the International Bill of Human Rights, the United National Global Compact, and the human rights conventions of the International Labour Organization. Internal rules and regulations have been established. For violations of laws and regulations or the Company’s internal regulations, punishments are given according to relevant punishment policies.

Yang Ming has committed to upholding internationally proclaimed human rights in the locations where we operate without any unfair treatment arising from ethnicity or gender, ensuring the freedom of association and collective bargaining rights, respecting privacy, caring for the underprivileged, forbidding the use of child labor, prohibiting harassment, and banning forced labor. We have also strived to eliminate all forms of forced labor and discrimination in recruitment and employment. The Company offers reasonable working conditions, maintains the physical and mental health of employees, endeavors to reduce factors hazardous to safety and health, and ensures thorough protection of the personal privacy of all customers, employees and stakeholders, fulfilling human rights protection responsibilities. 

■ Human Rights Education and Training
The Company’s education, training, and propaganda on the Human Rights Policy aim at raising employees’ awareness of human rights protection. The Company organized a 0.5-hour course for all onshore employees in 2022, and 1,428 employees completed the course, with a test pass rate of up to 92.5%.

■ Human Rights Due Diligence
International organizations have established relevant conventions and standards for the shipping industry and emphasized that vessel operators must further develop their human rights regulations. To raise awareness of seafarers’ rights, the seafarers have asked their companies to provide corresponding protection measures. The Company takes human rights issues seriously and introduced the concept of human rights due diligence in March 2023. By analyzing the trends of international human rights issues, interviewing internal officers, and reviewing internal labor-management documents, the human rights issues are summarized and presented to the head of each department and office for assessment. These questionnaires cover Yang Ming’s own operations for assessment and contain 25 issues categorized into 4 groups, namely labor rights, health and safety, environment and community, and governance and morality. We hope to identify our own operational risks through these assessment questionnaires. The initial assessment results indicate that none of the issues are considered high-risk issues. 18 issues are medium-risk issues and the other 7 are low-risk issues. In the future, the Company will use the initial assessment results as the basis to initiate an official human rights due diligence process with the aim of progressively deepening and expanding human rights as well as planning and executing relevant risk mitigation and subsequent remedial measures based on the identified potential risks.
 

• Human Rights Risk Issue Identification Process

• Initial Human Rights Risk Identification Matrix