Code of Conduct and Anti-Corruption
Supporting the SDGs Goals
Goal 16:
Goal and Performance Highlights
Goal
Performance
Goal
Performance
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Performance
Challenges and Opportunities
Ratch Pathana and Affiliates recognizes that operating in today’s energy sector involves navigating complex challenges related to ethical standards, transparency, and increasingly stringent legal and regulatory requirements imposed by governments, investors, and business partners. There is also a growing expectation from society at large for integrity and robust anti-corruption practices throughout every level of the business value chain.
At the same time, the Group views these challenges as important opportunities to strengthen corporate governance, build stakeholder trust, and elevate operational standards in line with ESG principles to achieve long-term sustainable growth. Our firm commitment to upholding ethical business conduct and rigorous anti-corruption measures not only differentiates us in the market but also enhances our competitiveness amid an ever-changing and demanding business landscape.
Management Approach and Value Creation
Anti-Corruption
Ratch Pathana and Affiliates demonstrates its strong commitment to anti-corruption by joining the Thai Private Sector Collective Action Coalition Against Corruption (CAC) on February 18, 2014. The company has established and communicated its “Anti-Corruption Policy,” now in its 2nd revision approved by the Board of Directors at Meeting No. 5/2024 on June 26, 2024. Oversight is provided by the Corporate Governance and Risk Management Committee, with operational monitoring by the Business Risk Management Working Group and the CAC Implementation Team. The company regularly conducts training and communication for directors, executives, and employees, while also publishing these policies on its website. This ensures awareness and practical implementation across all levels, including stakeholders. Additionally, the company has developed “Corporate Governance, Business Ethics, and Code of Conduct” guidelines in multimedia formats such as video, animation, and QR codes to foster shared direction and embed these principles into the corporate culture, with annual reviews in place.
The company is committed to conducting business with integrity and transparency through strict practices to prevent fraud and corruption within the organization as follows:
- Foster awareness, values, and attitudes that uphold honesty and integrity in compliance with all laws and regulations.
- Implement effective internal control systems with checks and balances to prevent and detect corruption.
- Prohibit directors, executives, and employees from soliciting or accepting any assets or benefits that may improperly influence their duties or compromise the company’s legitimate interests.
- Prohibit offering or promising any undue assets or benefits to external parties to induce unlawful or improper actions.
- Maintain transparent and accurate financial reporting mechanisms.
- Establish secure communication channels for whistleblowing, ensuring confidentiality and protection for those reporting, with designated officers to investigate all reports.
Whistleblowing Channel
The company provides clear channels for employees and stakeholders to report any suspected violations of the law, fraud, misconduct by employees, or behaviors that may harm the company. This also includes cases where employees or stakeholders believe their rights have been violated or they have been treated unfairly. Reports can be made through the following channels, under the company’s defined process:
Postal Submission Reports can also be sent by mail, addressed to the Chairman of the respective Committee, the Managing Director, or the Human Resources Administration and Development Division, at the following company address:
Ratch Pathana Energy Public Company Limited
636 Moo 11, Sukhaphiban 8 Road, Nong Kham Subdistrict, Si Racha District, Chonburi 20230, Thailand
Online Channels
- Company website: www.ratchpathana.com
| Department / Committee | E-mail Address |
|---|---|
| Board of Directors | directors@ratchpathana.com |
| Audit Committee | auditcommittee@ratchpathana.com |
| Corporate Governance and Risk Management Committee | cgcommittee@ratchpathana.com |
| Managing Director | MD@ratchpathana.com |
| Human Resources Management and Development Department | hrmanager@ratchpathana.com |
The company will treat all related information with strict confidentiality and ensure the safety of whistleblowers, except where disclosure is required by law.
Stakeholders Directly Impacted
Shareholders
Employees
Customers
Business Partners
Community and Society
Creditors
