The Company places a great importance to and is aware of its commitment to combating corruption in all its forms. To ensure that the operations of the Company comply with the Corporate Governance Policy and good Business practices, the Company has set up a special anti-corruption policy on 24 February 2015 and communicated to all directors, employees, business partners, customers and all stakeholders this Anti-Corruption Policy. Annually the Company also reviewed the anti-corruption policy to ensure that its details are completed and covered any potential risks that may be a cause of corruption within the Company’s operation.
The Board of Directors has resolved to announce its intention to join the Thai private sector in the fight against corruption. The Collective Action Coalition Against Corruption (CAC) was introduced on 21 January 2016, as well as the application for membership of the Thai private sector anti-corruption initiative on 24 February 2016.Currently, the Company has been certified as a member of the Collective Action Coalition Against Corruption (CAC) since 22 April 2016 and re-certified for the second time on 4 February 2019. All employees of the Company participated in overseeing the action of anti-corruption and the denial of corruption in all forms, both direct and indirect, including the production of guidelines for advice or complaints of corrupt practices in the policy of rules and complaints, which has granted an open channel for those who see illegal actions or practices that are not in accordance with the Code of Conduct. An employee can report suspicions or complaints to supervisors according to the management infrastructure including the Internal Audit Manager, Independent Director, and the Audit Committee should allow the whistleblowers to choose not to disclose their name, address, telephone number, contact information and the recipient of the complaint must keep the relevant information confidential and will only disclose the information as necessary as well as taking into account of the safety and potential damage to the complainant.
The company has set policies and practices regarding anti-corruption and anti-corruption protection measures.”The Anti-Corruption Policy” is a guideline for directors, executives and employees to adhere to six corporate culture categories:
Section 1: Definitions of Companies, Subsidiaries and Anti-corruption
Section 2: Related Person (s) Executives and employees of companies of all levels jointly fight against corruption of all kinds.
Section 3: Duties and Responsibilities of the Board of Directors, Audit Committee, Executive Committee, Managing Director and Executive Internal Audit Manager
Section 4: Guidelines for Directors, Executives, and Employees of all Levels
Section 5: Requirements and Prohibitions on recruitment or selection of personnel. Promotion and the giving or receiving of gifts or any other benefits including parties or welcome entertainments, donations to charity or funding, business relationship and procurement transactions with government.
Section 6: Reporting Suspicions or Complaints and the channels to report suspicions and process of consideration’s after receiving suspicion or complaint about corruption.
The Company has clearly defined the definition of corruption in the policy as well asking its related persons, namely directors, executives and employees of all levels all seek to jointly to fight against corruption and to prevent the company’s business from being involved in any corruption. The Company has an internal audit system that is in line with internal control principles consistent with corruption risk along with penalties, monitoring and controlling the anti-corruption policy.
Metro Systems (MSC) receives certification of Membership in Private Sector Collective Action Coalition against Corruption