The company discloses operations that corporate social and environmental responsibility in the sustainability report of the company in 2019. In the preparation of the sustainability report of the year 2019, the company uses the Integrated Reporting Framework by selecting the core issues as the main one (Materiality Assessment) of Global Reporting Initiative (GRI Standard – standard version) as well as presenting progress in compliance 10 international principles of United Nations Global Compact (UNGC) and connected with the sustainable development goals of the United Nations with the Sustainability Report of the year 2019. (Sustainable Development Goals : SDGs).
Sustainable Business Operations
The company has established a sustainable corporate social, community and environmental and responsibility policy. By disclosing the matter that the company have already implemented to social responsibility policies (CSR in process). They communicated through the annual report, Business Ethics, websites and newsletters. To let the shareholders, understand and know the policy as well as vision, mission, corporate social responsibility strategy and the environment of the company. Moreover, the company on social responsibility into every step of the business process. So, the company develop both of new projects find ordinary operations with the intention of Thai society to improve all dimensions of sustainability, the company has run business alongside Thai society. The awareness of the conducting business under social responsibility, the policies is the suggestion for business development with the highest sustainable social development as follows.
Topic 1 : Management under the principles of good corporate governance.
This is emphasized on support and promote the implementation of good corporate follow the principle of Stock Exchange of Thailand. By persist in the ideology which has been practiced continuously under the principles of corporate governance and ethics based on balanced and sustainable benefits. As well as being aware of an important mission to build confidence in business operations with a good, transparent management system. Also, it is fair to all stakeholders. Therefore, the factor that make shareholder trust and confident to investing with the company is a policy and operation that maintains the basic rights that shareholders should receive fairly as specified by law. It is including a proper management which it effects to the most effective for the investors and all parties involved.
Topic 2 : Fair and ethical business operation and transparency can verify.
According to the company complying with law as well as respect the social rules, the organization is politically neutral. In addition, the company adhere to the compliance with in term of trade conditions and specified contract strictly which adhering to the ethics and obligations of all stakeholders. There are obviously rules for procurement and operations. Also, the company support environmentally friendly procurement which the company attempt to avoid all kind of human rights violations. Or violating intellectual property which including avoid to do business with partner who have dislike behaviour.
Topic 3 : Human Resource development to create an organizational culture “One goal One team One direction”
As personnel are the most significant force in order to driving the concept of social responsibility outside the organization through the CSR process with an emphasis on every level of operations with efficiency. To encourage good quality of life at work, which it is and important strategy for creating sustainability for Thai society. According to the important concept that “employees” are the most valuable resources of the organization, the growth of the company depends on the employees. Hence, the company has a policy focusing on improving the human resource management system. Strengthen culture in accordance with business strategy continuously build a good relationship between the employees and the organization. Strive to look after the employees the most. By providing appropriate welfare in order to create a good quality of life for employees including the belief in the value of people. Moreover, dedicated to promoting excellence with the concept of providing learning experience. To illustrate, they provide additional training skills and development of existing capabilities to create outstanding capabilities, allowing employees at all level to grow in their field of work.
Topic 4 : Commitment to develop relationships with stakeholders.
As the integrity of the business operations which it can verify by emphasize on the growth of the company while also maintain of the interests of all stakeholder equally. The company has set instruction in term of the role of the company to the stakeholders in the corporate governance policy. Also, the company adheres to the SET’s good corporate governance principle with stakeholders including customers, employees, business partners, officials, competitors, shareholders or investors including communities, society and the environment. Furthermore, the company focus on the rights including try not to involve with all kind of violation which including intellectual property such as.
• The company will respect the rights of investors as well as treat them fairly. Also, they cooperate as a joint investor. To promote and support the operations of the business to be strong as well as encourage them to exchange all kind of opinions and suggestions for transparency. Also, it can drive the operations in accordance with the legal framework and sustainable development guidelines.
• The company takes into account the equality of all parties involved. Also, Honest in business adhere to operations lead to reliability and fair to creditors strictly comply with the contract and conditions as agreed. Moreover, the company maintain a lasting relationship with creditors.
Topic 5 : Participation in community and social development.
Due to the belief of the company, they will not be able to grow without the support from the community and society by focusing on the development of education, culture and society. Moreover, the company supports employees with volunteer spirit through various activities of the company. Because the business needs to live sustainably with the community. So, they must act and improve the standard of quality of life in community with same standard. Pushing ideas and best practices to look after the community seriously. So that the company strives every effort to cultivate good conscience. And encourage employees and those involved acting as a good citizen and responsible beneficial to the society. Give an opportunity to the community and stakeholders participate in various activities including comments, suggestions or complaints. In order to improve and give the company’s operations achieve goal and also the organization and community be able to live together sustainably. Because the company have believed that the “strong society” will be foundation for development of the country.
Topic 6 : Innovation
Innovation in product, operational and systematic decisions start with prevent, maintain, improve and development to keep new innovation as always.