AS companies prepare for recovery, social compliance in the way businesses treat their employees will be an important aspect in future planning.
At Karex Bhd
, social compliance costs over the last year including the reimbursing of migrant workers on debts, and other upgrades to their welfare, security, accommodation and logistics, had come up to over RM2mil.
While these costs had impacted profitability, a major disruption had occurred in the supply of condoms, as foreign aid organisations and governments had cut their budgets for free condom programmes.
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