Anti-Corruption

Importance and Mission

Actions that violate ethics and business conduct, non-compliance with laws and regulations, or corruption may directly impact stakeholders’ confidence in business operations, the Company’s reputation, and its image. Therefore, transparent business operations, with ethics and integrity, considering the impact on stakeholders, will earn the organization’s support from stakeholders. The Company upholds the corporate value of “Integration of innovation and integrity” to conduct business transparently with ethics and integrity. Additionally, the Company has announced a code of ethics for Board members, executives, and employees, ensuring that Board members, executives, and employees are aware and adhere to these principles uniformly. They must maintain honesty, integrity, caution, and prudence to benefit all stakeholders equally, including safeguarding Company assets.

Goals and Performance

Goals

Communicate with the company’s board, executives, and employees to acknowledge the anti-corruption policy with 100% acknowledgment.
No complaints related to corruption and unethical business conduct.

Performance

ESG Performance Data

Training and testing on good corporate governance and anti-corruption to all employees through the E-Learning system,

No complaints regarding corruption or activities and actions that were against the business Code of Conduct by executives and employees.

ESG Performance Data

Supporting the SDGs

Peace, Justice and Strong Institutions

Partnerships for the Goals

Management Approach

The Company has announced the appointment of a Corporate Governance and Anti-Corruption Working Team under the supervision of the Governance and Risk Management Committee responsible for overseeing, monitoring, and assessing corruption risks to prevent any potential corruption arising from business operations. The Company has also announced the Anti-Corruption Policy and its guidelines, requiring all Board members, executives, and employees to sign for acknowledgement and adhere to these policies. Moreover, the Company is committed to promoting knowledge and understanding of the Anti-Corruption Policy, business ethics, and anti-corruption practices among Board members, executives, employees, and suppliers through various activities and communication channels. The implementation details are as follows:

Developing the Supplier Code of Conduct to inform the Company’s suppliers, providing guidelines for ethical operations starting since 2023.
Communicating the policy and practices for giving and receiving gifts during various festivals through the Channels specified by the company to relevant parties to ensure widespread awareness.
Providing training and testing on good corporate governance and anti-corruption to all employees through the E-Learning system, with a required minimum score of 80%. In 2024, all employees (100%) took the online test and scored no less than 80%.
Conducting training for new employees to ensure a correct understanding of the code of ethics, measures, and best practices in good corporate governance and anti-corruption.
The Company has received its second renewal of the CAC Certification (Thai Private Sector Collective Action Against Corruption) for the period 2022-2025.

Anti-Corruption Policy

The Company has provided a secure channel for employees and stakeholders to report tips and complaints in cases that the potential corrupted activities or actions are detected. These include the actions that might not comply with the laws, regulations, Corporate Governance Code, Code of Conduct, and Anti-Corruption Policy. The Company has also established measures to maintain the confidentiality of information and protect whistleblowers by restricting access to complaint information only to those responsible for investigating the complaints. Moreover, the complaints will be managed and dealt with as instructed by the Corporate Governance Code

Whistleblowing and Complaint Channels