Resource Planning GC has developed the Strategic Workforce Planning Model to reduce the potential risk of manpower imbalance or inconsistency with corporate strategies. The company has conducted in-depth studies and research on the situation regarding the demand for manpower and the labor market from the past until now in an effort to prepare a database for simulating various scenarios to assess potential future risks and impacts. Meanwhile, operational guidelines and measures have been developed to effectively manage such risks, for example improvement of employee recruitment guidelines, trainings related to skills and abilities demanded by the market, succession planning, etc. Great Well-being GC constantly places priority on the well-being of our employees, including their physical health, mental health, and emotional well-being. The company has improved guidelines to support well-being from providing one-size-fits-all assistance to a more groupspecific format through granularity of employee, such as generation, work site, line of work, job position, and gender, to perform people analytics and create projects that appropriately meet demands, such as Fit & Stretch Challenge 2023, Flexible Benefits, financial knowledge projects, etc. Policy & System Transformation GC is committed to upgrading and improving our HR Policy to cover more overseas operations. We have also applied development guidelines from leading organizations in our human resource management. The company has also taken other actions, such as surveying and collecting information on leading practices from around the world, listening to and engaging in discussions with both domestic and overseas executives, identifying touchpoints in an employee’s growth path, and improving the remuneration structure, etc. In addition, GC has also adopted platform technology and advanced data analytics to enhance various support systems. Safety and Reliability GC has improved the Quality, Security, Safety, Occupational Health, Environmental, and Business Continuity (QSHEB) Policy and adopted various standards, such as ISO 45001, Process Safety Management (PSM) and Contractor Safety Management (CSM), to govern and manage work with greater efficiency in order to reduce fatality and injury rates across the value chain. Such actions also provide assurance that GC’s operations are safe and in compliance with national and international laws, rules and regulations. GC’s comprehensive management covers process safety, personal safety, and safety culture. Process Safety Management (PSM) GC has continuously raised safety standards in our production processes by utilizing innovation in our operations. The company has also implemented Proactive Safety Management to prevent potential repeated incidents or losses. In addition, GC has employed the Hazard and Operability Study (HAZOP) process to assess risks and hazards that are likely to occur in production processes while prioritizing risks and developing impact mitigation plans. In 2023, GC has further developed a variety of safety projects, such as the Bowtie Barrier Validation, Electronic Field Risk Assessment (e-FRA). Personal Safety and Safety Culture GC has adopted the Operational Discipline (OD) approach, which was developed based on the DuPont Methodology, and the Engineering Control Strategy to upgrade safety processes, strengthen safety culture, 106
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