Page 158 - BAM ONE REPORT 2564 (ENGLISH VERSION)

156 Part 2
Corporate Governance

Guideline 7.3 Sustainability reporting 7.3.3 Respect for human rights
The Board of Directors entrusts the Corporate The Board of Directors gives importance to, and
Governance and Social Responsibilities Committee with adopts as the Company’s primary policy to achieve
the duty to monitor and ensure that the Company’s sustainability in its business operation, the respect for
business operation is carried out in line with the human rights and dignity of all employees, which is the
principles of corporate governance by enhancing the foundation for business operation with high quality and
Company’s credibility and delivering benefits for its value. Recognizing that employees are a crucial factor
related parties and stakeholders in a bid to elevate the for the development of quality products, the Board of
plan for corporate governance development to Directors therefore emphasizes fair treatment of
sustainable development, as follows: employees by providing them with opportunities,
compensation, promotion, rotation and development of
7.3.1 Anti-corruption both capability and morality so that they would be the
The Company was certified as a “member of knowledgeable, competent and good members of
Thailand’s Private Sector Collective Action Coalition society. For instance, employees are provided with fair
Against Corruption (CAC).” To reaffirm its commitment to employment and compensation that is commensurate
combating corruption, the Company applied for with their capabilities, together with workplace
a renewal of its certification as a “member of Thailand’s environment and working system that ensure the safety
Private Sector Collective Action Coalition Against of their lives, properties and health, development of
Corruption (CAC)” for another three years on 16 June their skills and capabilities, and regular communication
2020 and was certified by the Certification Committee of the Company’s information to them.
on 30 September 2020, with the renewed three-year
membership to expire on 29 September 2020. Moreover, 7.3.4 Fair labor treatment
the Company improved the knowledge and The Board of Directors gives importance to fair
understanding of its business partners about the treatment of employees and respect for their
participation in anti-corruption with the Company by individuality and human dignity under the principles of
organizing a seminar on “Expansion of the Collective international human rights and morality so as to
Action Coalition Against Corruption” for its business cultivate peace in society and promote sustainable
partners on Wednesday, 15 December 2021. There were growth for the organization.
a total of 57 business partners joining the anti-corruption
coalition and declaring their intention to participate in 7.3.5 Responsibility towards customers*
the fight against corruption. The Board of Directors upholds and implements
a policy to respond to the satisfaction of customers, who
7.3.2 Fair business conduct purchase assets and use services directly from the
The Board of Directors formulates the business Company, so as to ensure that, apart from offering
operation framework and guideline that demonstrates products and services of the best quality at fair prices,
fair competition and stimulates the creation of the Company is aware of the safety-related issues that
innovations and efficient servicing and operation, which may have social and environmental impacts and shall
will help to reduce the Company’s cost in the long term. not perform any act in such a way that violates or
The Board of Directors also fosters corporate social deprives customers of their rights.
responsibility and respect for both physical and
intellectual property rights.