Corporate Compliance

EGCO Group encourages its directors, executives, and staff to take part in the initiatives and responsibilities of EGCO Group’s obligations by complying with code of business ethics.

Such business ethics include code of conduct for executives and employees regarding corruption and bribery, discrimination, confidentiality of information, data protection and cyber security, protection of intellectual property, conflicts of interest and related transactions, antitrust/anti-competitive practices, money-laundering and/or insider trading/dealing, human rights, occupational health and safety, environment, and whistleblowing which are in compliance with relevant regulations and EGCO Group’s orders and policies to ensure that its business operation does not violate any regulations or requirements of government agencies and complies with international business operational standards.

EGCO Group has established Anti-corruption and Bribery Policy and Measures Manual to ensure that any business operations susceptible to violation are carefully undertaken. It focuses on preventing and counteracting all bribery and corruption activities, both directly and indirectly. EGCO Group expresses its determination not to take part in any bribery and corruption of government and private agencies to achieve any wrongful benefits.

EGCO Group’s code of conduct assessment is undertaken by an independent third party every three years. In 2021, EGCO Group engaged an independent third party to evaluate the company’s Code of Conduct for compliance with local regulators’ requirements and international standards’ best practices. This includes Good Corporate Governance Guideline on the Codes of Conduct B.E.2564 (2021) by the Stock Exchange of Thailand (SET), the 2017 ASEAN Corporate Governance Scorecard (ACGS), and the 2015 Organization for Economic Co-operation and Development (OECD) Principles of Corporate Governance. Furthermore, the operations of EGCO Group were also assessed to ensure adherence to established ethics and regulations. The effectiveness of business ethics communication to EGCO Group’s personnel and stakeholders was also evaluated.