Governance and Economic Dimension
Performance Summary: Good Governance and Economy
"SGC" Scores 100 Points for the Second Consecutive Year
SG Capital Public Company Limited Earns 5-Star Rating for the First Time
Awards and Recognitions
Overview of Corporate Governance Policies of the Company
The company adheres to the principles of good corporate governance as a key principle for business success, emphasizing ethical management, transparency, accountability, and zero tolerance for corruption.
The company focuses on maximizing shareholder value while considering stakeholders' interests to foster strong relationships among the board of directors, management, employees, shareholders, and all stakeholders, based on the following principles:
The Board of Directors has adopted the principles of good corporate governance for listed companies, as set forth by the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand, to establish the company’s corporate governance policies. These policies guide the company in conducting business that benefits society and the environment, considers long-term impacts, prevents and eliminates conflicts of interest, and enables adaptability to various changing factors.
As a result, the Board of Directors uses these principles as a framework to create sustainable value for the company, adhering to eight key practices outlined for the Board of Directors as follows:
Anti-Corruption Policy
The company is committed to conducting business ethically and transparently, emphasizing the importance of combating all forms of corruption, both direct and indirect, whether monetary or non-monetary. This principle is a fundamental responsibility for employees and management at all levels, ensuring they operate with integrity and awareness in preventing corruption. The following guidelines are established for implementation:
Anti-Corruption Policy
Management of Sustainable Supply Chain
The company recognizes the importance of and is committed to managing the supply chain sustainably. The company has enhanced supply chain management approach by integrating principles of good corporate governance, business ethics, social responsibility, safety, and environmental considerations into supply chain management processes throughout the business chain. These efforts aim to achieve "sustainable supply chain management."
This approach serves as a risk management strategy while creating business opportunities and fostering the development of suppliers to prepare them for business growth. It addresses the rapidly changing global landscape, enabling mutual readiness and progression towards sustainable business growth. Goals are set and communicated to suppliers through various channels to help them prepare and align their operations with sustainability principles or sustainable practices.
Management Guidelines
To ensure the company's business operations align with the stated principles, the company has established good procurement procedures for dealing with suppliers as follows:
The company expects all suppliers and business partners to adhere to the principles of good corporate governance and the code of business ethics. They are expected to operate ethically, transparently, and accountably, while opposing all forms of corruption. This includes fair competition, lawful employment, respect for human rights, and openness to supplier feedback. Additionally, suppliers should ensure occupational health and safety, promote products and services that benefit society and the environment, support CSR policies, and prioritize environmental management, greenhouse gas reduction, and efforts to combat global warming, all aimed at fostering mutual sustainability.