Anti-Corruption Efforts
CORRUPTION PREVENTION POLICY
Saha-Union and Group Companies have formulated a policy of anti-corruption and provided guidelines on this subject in the Corporate Governance Handbook, Code of Business Conduct and Rules and Regulations for Employees in accordance with core values of the Saha-Union, that is-integrity, quality and service. These values have been observed by the Company’s directors, executives and all employees and regarded as ethical corporate culture which has been promoted and cultivated. It is their duty and responsibility to acknowledge, understand and ensure its rigorous compliance.
The organizational structure is established through a sufficient and appropriate system to prevent business conduct of the Company from any actions related to corruptions.
Saha-Union and Group Companies provide a system of internal audit to oversee and monitor its compliance with the Corporate Governance Handbook, Code of Business Conduct and rules and regulations for Employees by requiring regular audits. Then, the audit reports will be submitted to the Audit Committee and/or the Board of Directors who decide to integrate audits relevant to corruptions into internal audit plans.
Saha-Union and Group Companies shall examine and improve standards of anti-corruption measures proposed in the Thailand’s Private Sector Collective Action Coalition Against Corruption Project (CAC) and review the Corporate Governance Handbook, Code of Business Conduct and Rules and Regulations for Employees with the aim of adopting clearer and more inclusive guidelines.