Corporate Governance
and Anti-Corruption Activities

In 2023, The company has organized communication activities to promote corporate culture and corporate governance attitudes under the concept of “CG Safeguards”

A writing contest to gain employees’ engagement through CG best practices by sharing their impressions with their colleagues who act as a role model for CG best practices. Top three winners of their stories will be developed into a video clip and sharing on CG Day.

Articles in “Banpu Synergy E-Magazine”, the company’s quarterly internal electronic journal which is distributed to all countries that the Company has invested in. The articles are related to corporate governance best practices in the organization and news about the progress of corporate governance in order to create understanding and make all employees aware of the importance of corporate governance.

 

The event was held on October 17, 2023, CG Day is an annual event to raise awareness among employees and encourage engagement on CG best practices and Code of Conduct into Corporate Culture This year staff shared their impression through CG stories related to “integrity” and CG Policy and Code of Conduct

 

In 2023,the Company conducted the 2023 annual assessment of corruption risk and established preventive measures, covering all businesses in every country where it has invested, including its subsidiaries and joint ventures. The results were reported to the Risk Management Committee. Moreover, the Company continually communicated and informed its directors, executives, and employees of relevant policies and practices to combat corruption, such as the Corporate Governance Policy, the Code of Conduct, and the Standard Practice Manual for Accepting and Offering of Gifts, Hospitality, or Other Similar Forms of Reward. Employees can access the policies through internal communication channels. In the past year, letters were sent out to directors, executives, and employees to request adherence to the No Gift Policy.