Anti-corruption policy

The Company aims at fair and legal operations by encouraging employees of all levels to be aware of anti-corruption. Internal control system is established to prevent corruption, giving or receiving any kinds of briberies.

On 5 November 2018, Private Sector Collective Action Coalition Against Corruption Council certified that Chewathai Public Company Limited is a member of Private Sector Collective Action Coalition Against Corruption.

The certification shall be valid for 3 years from the date of certification.

Anti-corruption policy and rules cover the following areas of the Company’s operations:

  • The Company arranges anti-corruption risk assessment and create effective measures in response the such risks in accordance with the internal control system.
  • The Company prepares sufficient rules for implementation under the policy to prevent corruption in business operation.
  • Continuous orientations and training shall be provided to the personnel to ensure their understanding of the anti-corruption policy, measures and rules.
  • The Company arranges internal control system to ensure efficiency and effectiveness of the anti-corruption policy which covers financial record, accounting and other processes related to the Company’s operations.
  • The Company arranges monitoring system and review of compliance of the anti-corruption policy by applying appropriate rules to ensure that the policy is complete, sufficient and updated.
  • The Company provides safe communication channels for the personnel and all stakeholders to seek consultations, report any incidents, provide suggestions, or file complaints related to anti-corruption issues. The rights of reporting persons shall be strictly protected.
  • The Company communicates the anti-corruption policy both inside and outside the Company so that related parties can learn the policy. Also, subsidiaries, affiliates, controlling companies, and business agents can put the anti-corruption policy into practice.
The Company’s anti-corruption rules are as follows:
1. Giving and receiving gifts and entertainment

  • Not request or accept gifts or other benefit from any persons related to the Company
  • Receipt of gifts shall not affect work-related decision making.
  • Avoid accepting gifts or rewards having the value of more than 5,000 Baht. If it is necessary, the Company shall be notified.
  • Gifts or rewards to be given shall have the value of not more than 5,000 Baht per time and shall be offered on the Company’s behalf only.
2. Donations

  • Donation for charity,public benefits and promotion of social responsibilities shall be made transparently, legally, morally, and shall not be used as an excuse to offer bribery.
3. Financial support

  • Shall be for business purpose, image and reputation of the Company.
  • Shall be given in the Company’s name only
  • Risky financial support which may be connected to bribery shall be avoided.
4. Political assistance

  • The Company shall be politically neutral.
  • The Company shall not support any political party whether directly or indirectly.
  • Transactions for political assistance shall not be approved by any person.
  • Authorized persons under the Company’s rules and regulations shall not approve transactions for political assistance.
5. Conflict of interest

  • Employees shall perform their duties with integrity and for the utmost benefit of the Company.
  • Employees shall not do anything which may cause conflict of interest.
  • Employees shall disclose any relationship or circumstance which may cause conflict of interest
Whistleblowing policy and complaint channels

The Company arranges channels for complaints and whistleblowing which cover acceptance of compliant, factual examination and conclusion as well as protection of informer and related persons to accept complaints related to any illegal, unethical behaviors or corruption of the Board of Director, executives and employees of the Company. Complaints may be submitted

1) By mail : Audit Committee
Chewathai Public Company Limited
1168/80 Lumpini Tower, 27th floor, Unit D
Rama 4 Road, Thung Mahamek Sub-district,
Sathorn District, Bangkok 10120
2) By email : auditcommittee@chewathai.com
3) By phone : 1260 press 4

Informers or complainants who may be employees, customers or any stakeholders shall be protected pursuant to the law. The Company shall treat the information as confidential and the processes of compliant acceptance and investigation are indicated in writing. Complaints shall be known only by the persons assigned by the Audit Committee. If the confidential information is disclosed, the Company shall impose punishment on the person who cause such disclosure.

Whistleblowing policy and complaint channels
1) By mail : Audit Committee
Chewathai Public Company Limited
1168/80 Lumpini Tower, 27th floor, Unit D
Rama 4 Road, Thung Mahamek Sub-district,
Sathorn District, Bangkok 10120
2) By email : auditcommittee@chewathai.com
3) By phone : 1260 press 4