Corporate Governance
Maintain zero confirmed significant cases of non-compliance with corporate governance principles or business ethics per year.
Ensure that 100% of directors, executives, and employees acknowledge and sign their commitment to comply with the Business Code of Conduct and Anti-Corruption Policy.
Assess 100% of material ESG risks and establish corresponding management plans by 2029.
Achieve a five-star rating in the Corporate Governance Report of Thai Listed Companies (CGR) assessment and consistently maintain this rating.
Declare the Company’s intention to join the Thai Private Sector Collective Action Against Corruption (Thai CAC) by 2030 and obtain certification by 2032.
No material corporate governance complaints
CG Rating: Excellent (5-star level)
AGM Checklist: 4-flag award with a score of 94 out of 100
100% of employees have acknowledged and comply with the Corporate Governance and Business Ethics Handbook
The Company is preparing policies, practices, internal control systems, and governance mechanisms to support certification under the Thai Private Sector Collective Action Against Corruption (Thai CAC) initiative
Challenges and Opportunities
Challenges
The Company must maintain corporate governance standards in compliance with applicable laws, regulatory requirements, and the continuously evolving expectations of stakeholders. It must also strengthen an organizational culture of ethics, transparency, and regulatory compliance across the entire organization and value chain.
Opportunities
Enhancing corporate governance standards, risk management, and anti-corruption practices helps strengthen confidence among shareholders, investors, customers, and business partners. It also enhances competitiveness and supports long-term sustainable growth, while preparing the Company for certification under the Thai CAC initiative and international governance standards.
Management Approach and Value Creation
- Establish a clear governance structure covering the Board of Directors, sub-committees, and executive management.
- Conduct business in accordance with the Corporate Governance Code (CG Code) of the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET).
- Continuously develop risk management systems, internal controls, and regulatory compliance oversight.
- Promote business ethics, anti-corruption practices, and prevention of conflicts of interest.
- Oversee the proper use of insider information, information disclosure, and personal data protection.
- Provide whistleblowing and complaint channels, together with whistleblower protection measures.
- Promote shareholder rights, transparency, and engagement with all stakeholder groups.
- Continuously develop the capabilities of the Board, executives, and employees to enhance the Company’s corporate governance standards.
Stakeholders Directly Impacted
