TIPCO FOODS PUBLIC COMPANY LIMITED PAGE 054/ 055 Disclosure of Prevention Against Involvement of Corruption The Board of Director agreed to support the Company to participate in decla-ration of intent to comply with Anti-Corruption Collective Action in Thailand in 2010, in conjunction with the Thai Institute of Directors, the Thai Chamber of Commerce, the Thai Listed Companies Association, the Thai Bankers As-sociation, and the National Counter Corruption Commission (NACC) as per details below. 1. The Company established the written guidelines of the anti-corruption pol-icy and incorporated them into the Company’s code of conduct that was approved by the Board of Directors. 2. The Board of Directors determined the anti-corruption policy by disclos-ing its intention to join Thailand’s Private Sector Collective Action Coalition Against Corruption Council (CAC). The Company ratified the declaration of intent to resist corruption in all its forms. In addition, the Company has taken actions to prevent the involvement with corruption as follows: (1) The Company has communicated to all directors, management and staff by requiring that execution of all processes be in strict compliance with the scope of laws. In case of an error in the operation due to negligence or limited knowledge, the Company shall be subject to punishments imposed by gov-ernment authorities without attempts to avoid such punishments. (2) The Company provides the channel to report any violation or corruption while exercising protection measures for the reporting persons. The details of the policies and actions related to the prevention against involvement with corruption are disclosed in the Company’s website under the Corporate Gov-ernance topic.
EN_Tipco_Annual Report 2014
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