Driving Business with Transparency towards Sustainable Governance Standards
The Company recognizes the importance of conducting business with transparency, integrity, and honesty. It has integrated good corporate governance principles as a fundamental foundation of the organization, while fostering an anti-corruption culture at all levels, from the Board of Directors, executives, and employees to its supplier network, in order to build trust among all stakeholder groups.
Passed the assessment and received renewed certification as a member of the Thai Private Sector Collective Action Against Corruption (CAC) through 2028
Success Rate of Communication of Anti-Corruption Policies and Practices to Employees in 2025
0
Number of complaints related to corruption and violations of the Business Code of Conduct in 2025
Composition of
Management Structure
Transparency Network
The Company has expanded its anti-corruption efforts to cover external stakeholders by participating in the “CAC Change Agent” program, encouraging SME suppliers to join the Collective Action Against Corruption, for which the Company received a Certificate of Participation. In addition, the Company joined the “Demanding Bribes? We Report” campaign with CAC to promote a transparent business ecosystem.
Operational Excellence)
The Company has established anti-corruption prevention and code of conduct governance mechanisms through three approaches:
(1) Awareness Building and Training: Provided comprehensive training to the Board of Directors, executives, and employees at all levels, including new employees, achieving 100% coverage across all operating locations.
(2) Proactive Communication: Conducted Q&A activities and promoted the No Gift Policy during all festive occasions.
(3) Complaint Management System: Conducted transparent and fair investigation processes. In 2025, the Company resolved all 258 general management complaints, with no corruption cases identified.
Anti-Corruption Risk Assessment 2025
In 2025, a total of 27 departments were assessed for corruption-related risks, comprising:
- Bangkok Head Office: 5 departments
- Chonburi Plant 7 departments
- Lamphun Factory: 6 departments
- Rayong Factory: 5 departments
- Ratchaburi Factories 1 and 2: 4 departments
Based on the review of key activities, the 3C working team has prepared 3 cases which has been reviewed by the Internal Audit (IA) Department
| items | Title | Relevant Government Agencies | Risk Type | Risk Owner | Risk Level |
|---|---|---|---|---|---|
| 1 | Application for Financial Support under the 80/20 Project for High-Efficiency Air Compressors to Save Energy | Department of Alternative Energy Development and Efficiency (DEDE) | Turning Incorrect Procurement into Proper Procurement | Engineering Department, Ban Pong Factory 2 | low |
| 2 | Expansion of the Canteen Building at the Sriracha Factory | Laem Chabang Municipality Office | Purchasing Convenience | Administration Department, Sriracha Factory | low |
| 3 | Import of chili for seasoning production | Department of Agriculture Customs Department |
Purchasing Convenience | Procurement Department, Bangkok Office | low |
Performance Achievements (Impact & Results)
By cultivating a culture of integrity and rigorously enforcing its policies, the Company has successfully maintained full transparency standards and a corruption-free environment.
Long-term Targets (Commitment)
The Company is committed to continuously maintaining its performance with zero corruption-related complaints, while sustaining its CAC membership and expanding its role as a CAC Change Agent to promote and elevate good business ethics standards across the supply chain in a sustainable manner.
Towards a Transparent and Corruption-Free Organization
Progress in Anti-Corruption and Business Ethics