Corporate Governance and Anti-Corruption Activities
Anti-Corruption
In 2022, the Company conducted the 2022 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 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.
The Principles of Good Corporate Governance
The Company regularly organized an orientation session on the principles of good corporate governance and the Code of Conduct for new employees in every country.
Conduct an internal communication under the theme “CG Be My Guest”
Communication activities under the theme “CG Be My Guest” were organized through internal emails and video podcasts “Friday Morning News”, a weekly program communicating news and interesting corporate events, by inviting executives and employees to share their experiences of exercising corporate governance principles in their work. It also presented corporate governance case studies to employees and allowed them to join quizzes on related topics to encourage two-way communications. These aimed to provide employees with knowledge and understanding of corporate governance principles and be a preventive guideline for employees not to breach the Corporate Governance Policy and Code of Conduct.
Publish articles under CG of the Month column in Banpu Synergy
The articles under CG of the Month column provided corporate governance trends and directions in Thailand. They were published in Banpu Synergy, an internal electronic journal, distributed to Banpu’s subsidiaries in every country where the Company operates.
Arrange 2021 CG Day activity
The 2021 CG Day activity was organized annually to promote and embed all employees to be aware of the importance of conducting business ethically as well as adhering to integrity. In this year, the Corporate Governance Department invited Mr.Chanin Vongkusolkit, Chairman of the Board of Directors of Banpu Public Company Limited to share his point of view in the topic of “CG and organization driving under the Covid-19 pandemic situation”. In addition, employees were invited to join the infographic design contest to promote an understanding and exercising of corporate governance principles, anti-corruption policy and whistleblower policy.