The Company has implemented an anti-corruption policy to serve as a framework for the Board of Directors, subcommittees, executives, employees, and business partners, promoting strict adherence to principles that foster transparency, integrity, and accountability, while eliminating all forms of corruption. This initiative aims to cultivate an organizational culture that ensures personnel conduct their duties with accuracy, transparency, and an absence of corrupt practices that could result in legal repercussions and reputational harm. The Company conducts regular reviews of compliance with the anti-corruption policy, as well as assessments of guidelines and operational requirements to align with evolving business conditions, regulations, and legal standards, ensuring that all operations remain free from corruption throughout the supply chain. The anti-corruption policy and its guidelines are disseminated to employees at all levels through various formats and channels. Furthermore, the Company has consistently received certification from the Thai Private Sector Collective Action Against Corruption (CAC).
Goals and Performance for 2024
- Goal
- Performance
Corruption Risk Evaluation
The Company is dedicated to conducting its business free from any form of corruption to adhere to the principles of sound corporate governance. This includes fostering an organizational culture that recognizes the importance of integrity and systematically reviewing business operations across the supply chain as follows:
Announce the anti-corruption policy and practices
Announce the anti-corruption policy and practices, ensuring effective communication to both internal and external stakeholders.
Facilitate training sessions
Facilitate training sessions to enhance employees' knowledge and understanding of anti-corruption, including the review of existing knowledge to improve awareness, foster comprehension, and promote appropriate behavior.
Evaluate and assess the work performance
The company regularly assesses corruption risks across its head office and manufacturing operations to identify activities with higher exposure (such as procurement, raw material sourcing, logistics, and contracting). Identified risks — including bribery and other forms of corruption — are assigned to responsible risk owners with defined mitigation and control measures. These risk assessments feed into the company’s anti-corruption procedures and internal control system, ensuring that high-risk operations are effectively managed and monitored.
Enhance the organization’s efficiency
Enhance the organization’s efficiency in business operations by prioritizing effective corporate governance.
Cognizant of business operations that prioritize ethics
Cognizant of business operations that prioritize ethics, morality, transparency, and anti-corruption.
Establish avenues for reporting tips and grievances
Establish avenues for reporting tips and grievances through multiple channels, incorporating a procedure for inspection, investigation, and sanction.
Effectively mitigate potential risk
Effectively mitigate potential risks to the organization by analyzing their causes, developing risk management plans, and implementing activities to address these risks.
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