Employee Welfare and Well-being
Commitment
To ensure a happy workplace and quality life by promoting employee welfare, ensuring safety and occupational health, and strengthening relationship with the Bank.
Materiality
The Bank believes that treating employees with equality and fairness, respecting their dignity, providing remuneration sufficient for a decent standard of living, offering appropriate and adequate employee welfare and benefits, ensuring occupational health and safety, and promoting employee wellbeing with both physical and mental health, strong morale and the ability to perform at their full potential. These factors are essential to the Bank’s sustainable growth. On the contrary, discriminatory practices, neglect of employees’ quality of life, physical and mental health, and workplace safety may undermine employees’ morale and motivation, leading to lower productivity, higher turnover, increased illness and work- related injuries. Such outcomes would result in higher operating costs and reduced competitiveness. In recognition of these impacts, the Bank has identified employee welfare and wellbeing as a key sustainability priority and is firmly committed to supporting related initiatives in a consistent and sustainable manner.